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Smithville-Sanders

Learn about the people, housing, costs and businesses in Smithville-Sanders, Indiana

Median Home$264,057
Median Rent$1,128/month
Population3,257
Leading IndustriesProfessional Services · Retail · Healthcare3% professional services
Home Value Growth+8.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners87% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Smithville-Sanders
IN

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

Frequently Asked Questions

What are today's mortgage rates in Smithville-Sanders?

As of today, the 30-year fixed mortgage rate for Smithville-Sanders is approximately 6.951% (6.989% 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 Smithville-Sanders?

The median home value in Smithville-Sanders is $264k. The median monthly rent is $1,128. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Smithville-Sanders?

Home values in Smithville-Sanders have increased 8.0% 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 Smithville-Sanders?

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 Smithville-Sanders is $78k/year.

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What industries drive the economy in Smithville-Sanders?

The largest employment sectors in Smithville-Sanders are public administration (26%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.