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New Durham Township Metropolitan

Learn about the people, housing, costs and businesses in New Durham Township Metropolitan, Indiana

Median Home$283,912
Median Rent$1,251/month
Population108,103
Leading IndustriesHealthcare · Arts, Food & Hospitality · Transportation13% healthcare
Home Value Growth⬆⬆+16.7% over 2 years
Young Adults27% of residentsnear the national average
Homeowners74% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 17% nationally
NotableHigh Incomes$89k/year · top 26% nationally
New Durham Township Metropolitan
IN

Explore New Durham Township Metropolitan

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in New Durham Township Metropolitan?

As of today, the 30-year fixed mortgage rate for New Durham Township Metropolitan is approximately 6.926% (6.963% 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 New Durham Township Metropolitan?

The median home value in New Durham Township Metropolitan is $284k. The median monthly rent is $1,251. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Durham Township Metropolitan?

Home values in New Durham Township Metropolitan have increased 16.7% 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 New Durham Township Metropolitan?

Based on a typical all-in ownership cost of $1,279/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Durham Township Metropolitan is $89k/year.

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What industries drive the economy in New Durham Township Metropolitan?

The largest employment sectors in New Durham Township Metropolitan are public administration (25%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.