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Silver Creek School Corporation

Learn about the people, housing, costs and businesses in Silver Creek School Corporation, Indiana

Median Home$247,737
Median Rent$1,278/month
Population16,220
Leading IndustriesTransportation · Public Administration · Retail3% transportation
Home Value Growth⬆⬆+11.2% over 2 years
Young Adults26% of residents
Homeowners80% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Silver Creek School Corporation
IN

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Frequently Asked Questions

What are today's mortgage rates in Silver Creek School Corporation?

As of today, the 30-year fixed mortgage rate for Silver Creek School Corporation is approximately 7.000% (7.040% 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 Silver Creek School Corporation?

The median home value in Silver Creek School Corporation is $248k. The median monthly rent is $1,278. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Silver Creek School Corporation?

Home values in Silver Creek School Corporation have increased 11.2% 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 Silver Creek School Corporation?

Based on a typical all-in ownership cost of $1,170/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Silver Creek School Corporation is $80k/year.

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What industries drive the economy in Silver Creek School Corporation?

The largest employment sectors in Silver Creek School Corporation are public administration (26%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.