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Pike Township Metropolitan

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

Median Home$249,918
Median Rent$1,154/month
Population152,852
Leading IndustriesArts, Food & Hospitality · Healthcare · Education8% arts, food & hospitality
Home Value Growth⬆⬆+20.1% over 2 years
Retirees21% of residentsnear the national average
Homeowners67% of occupied units
NotableHighly Educated24% bachelor's · 12% graduate · top 17% nationally
Pike Township Metropolitan
IN

Explore Pike Township Metropolitan

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

Frequently Asked Questions

What are today's mortgage rates in Pike Township Metropolitan?

As of today, the 30-year fixed mortgage rate for Pike Township Metropolitan is approximately 6.955% (6.993% 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 Pike Township Metropolitan?

The median home value in Pike Township Metropolitan is $250k. The median monthly rent is $1,154. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pike Township Metropolitan?

Home values in Pike Township Metropolitan have increased 20.1% 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 Pike Township Metropolitan?

Based on a typical all-in ownership cost of $1,209/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pike Township Metropolitan is $82k/year.

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What industries drive the economy in Pike Township Metropolitan?

The largest employment sectors in Pike Township Metropolitan are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.