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Manilla

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

Median Home$176,000
Median Rent$818/month
Population193
Leading IndustriesConstruction · Retail · Agriculture & Mining8% construction
Home Value Growth⬆⬆⬆+30.6% over 2 years
Retirees25% of residentsabove average nationally
Homeowners82% of occupied units
Manilla
IN

Frequently Asked Questions

What are today's mortgage rates in Manilla?

As of today, the 30-year fixed mortgage rate for Manilla 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 Manilla?

The median home value in Manilla is $176k. The median monthly rent is $818. Annual property taxes average $907. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manilla?

Home values in Manilla have increased 30.6% over the past two years. This indicates a strong appreciation trend. 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 Manilla?

Based on a typical all-in ownership cost of $831/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Manilla is $68k/year.

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What industries drive the economy in Manilla?

The largest employment sectors in Manilla are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.