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Rockfield

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

Median Home$159,332
Median Rent$729/month
Population219
Leading IndustriesRetail · Transportation · Construction23% retail
Home Value Growth⬆⬆⬆+26.2% over 2 years
Young Adults22% of residents
Homeowners87% of occupied units
NotableTransit88/100 · excellent transit access
NotableVeteran Community11% of residents · top 9% nationally
Rockfield
IN

Frequently Asked Questions

What are today's mortgage rates in Rockfield?

As of today, the 30-year fixed mortgage rate for Rockfield is approximately 7.059% (7.101% 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 Rockfield?

The median home value in Rockfield is $159k. The median monthly rent is $729. Annual property taxes average $875. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rockfield?

Home values in Rockfield have increased 26.2% 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 Rockfield?

Based on a typical all-in ownership cost of $766/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rockfield is $66k/year.

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What industries drive the economy in Rockfield?

The largest employment sectors in Rockfield are retail (23%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.