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Parkers Settlement

Learn about the people, housing, costs and businesses in Parkers Settlement, Indiana

Median Home$256,982
Median Rent$896/month
Population649
Leading IndustriesEducation · Healthcare · Wholesale Trade4% education
Home Value Growth⬆⬆+20.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners90% of occupied units
NotableHigh Incomes$93k/year · top 22% nationally
Parkers Settlement
IN

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

Frequently Asked Questions

What are today's mortgage rates in Parkers Settlement?

As of today, the 30-year fixed mortgage rate for Parkers Settlement is approximately 6.897% (6.933% 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 Parkers Settlement?

The median home value in Parkers Settlement is $257k. The median monthly rent is $896. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Parkers Settlement?

Home values in Parkers Settlement have increased 20.3% 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 Parkers Settlement?

Based on a typical all-in ownership cost of $1,134/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Parkers Settlement is $93k/year.

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What industries drive the economy in Parkers Settlement?

The largest employment sectors in Parkers Settlement are healthcare (16%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.