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Millhousen

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

Median Home$211,300
Population136
Leading IndustriesRetail · Transportation · Manufacturing32% retail
Home Value Growth⬆⬆⬆+32.9% over 2 years
Retirees21% of residentsnear the national average
Homeowners87% of occupied units
Millhousen
IN

Frequently Asked Questions

What are today's mortgage rates in Millhousen?

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

The median home value in Millhousen is $211k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millhousen?

Home values in Millhousen have increased 32.9% 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 Millhousen?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Millhousen is $81k/year.

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What industries drive the economy in Millhousen?

The largest employment sectors in Millhousen are retail (32%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.