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Mackey

Learn about the people, housing, costs and businesses in Mackey, Indiana

Median Home$159,300
Median Rent$914/month
Population134
Leading IndustriesRetail · Finance & Insurance · Information & Media25% retail
Home Value Growth-0.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners75% of occupied units
Mackey
IN

Frequently Asked Questions

What are today's mortgage rates in Mackey?

As of today, the 30-year fixed mortgage rate for Mackey is approximately 7.059% (7.101% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mackey?

The median home value in Mackey is $159k. The median monthly rent is $914. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mackey?

Home values in Mackey have decreased 0.9% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Mackey?

Based on a typical all-in ownership cost of $760/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mackey is $55k/year.

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What industries drive the economy in Mackey?

The largest employment sectors in Mackey are public administration (27%) and retail (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.