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Pierceton

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

Median Home$221,800
Median Rent$825/month
Population975
Leading IndustriesRetail · Construction33% retail
Home Value Growth+7.7% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners87% of occupied units
Pierceton
IN

Frequently Asked Questions

What are today's mortgage rates in Pierceton?

As of today, the 30-year fixed mortgage rate for Pierceton is approximately 6.990% (7.029% 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 Pierceton?

The median home value in Pierceton is $222k. The median monthly rent is $825. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pierceton?

Home values in Pierceton have increased 7.7% 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 Pierceton?

Based on a typical all-in ownership cost of $964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pierceton is $74k/year.

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What industries drive the economy in Pierceton?

The largest employment sectors in Pierceton are retail (33%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.