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Paoli

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

Median Home$160,783
Median Rent$877/month
Population3,303
Leading IndustriesTransportation · Education · Public Administration4% transportation
Home Value Growth+10.5% over 2 years
Retirees30% of residentswell above average
Homeowners72% of occupied units
Paoli
IN

Frequently Asked Questions

What are today's mortgage rates in Paoli?

As of today, the 30-year fixed mortgage rate for Paoli is approximately 7.006% (7.049% 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 Paoli?

The median home value in Paoli is $161k. The median monthly rent is $877. Annual property taxes average $851. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paoli?

Home values in Paoli have increased 10.5% 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 Paoli?

Based on a typical all-in ownership cost of $832/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 Paoli is $51k/year.

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What industries drive the economy in Paoli?

The largest employment sectors in Paoli are public administration (28%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.