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Poneto

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

Median Home$234,963
Median Rent$761/month
Population155
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare6% education
Home Value Growth⬆⬆⬆+29.5% over 2 years
Retirees24% of residentsslightly above average
Homeowners89% of occupied units
NotableHighly Educated26% bachelor's · 23% graduate · top 16% nationally
NotableHigh Incomes$87k/year · top 28% nationally
Poneto
IN

Frequently Asked Questions

What are today's mortgage rates in Poneto?

As of today, the 30-year fixed mortgage rate for Poneto is approximately 6.939% (6.977% 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 Poneto?

The median home value in Poneto is $235k. The median monthly rent is $761. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Poneto?

Home values in Poneto have increased 29.5% 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 Poneto?

Based on a typical all-in ownership cost of $1,058/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Poneto is $87k/year.

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What industries drive the economy in Poneto?

The largest employment sectors in Poneto are public administration (24%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.