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Millersburg

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

Median Home$238,000
Median Rent$977/month
Population971
Leading IndustriesRetail · Construction · Agriculture & Mining45% retail
Home Value Growth+6.7% over 2 years
Family-Friendly40% of residentstop 1% nationally
Homeowners85% of occupied units
NotableHigh Incomes$92k/year · top 23% nationally
Millersburg
IN

Frequently Asked Questions

What are today's mortgage rates in Millersburg?

As of today, the 30-year fixed mortgage rate for Millersburg is approximately 7.050% (7.091% 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 Millersburg?

The median home value in Millersburg is $238k. The median monthly rent is $977. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millersburg?

Home values in Millersburg have increased 6.7% over the past two years. This represents moderate growth. 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 Millersburg?

Based on a typical all-in ownership cost of $1,170/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Millersburg is $92k/year.

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What industries drive the economy in Millersburg?

The largest employment sectors in Millersburg are retail (45%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.