Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

South Montgomery Community School Corporation

Learn about the people, housing, costs and businesses in South Montgomery Community School Corporation, Indiana

Median Home$196,790
Median Rent$834/month
Population10,303
Leading IndustryRetail27% of local workforce
Home Value Growth⬆⬆+11.6% over 2 years
Family-Friendly22% of residents
Homeowners89% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
South Montgomery Community School Corporation
IN

Explore South Montgomery Community School Corporation

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

Frequently Asked Questions

What are today's mortgage rates in South Montgomery Community School Corporation?

As of today, the 30-year fixed mortgage rate for South Montgomery Community School Corporation is approximately 7.057% (7.098% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for South Montgomery Community School Corporation
What is the median home price in South Montgomery Community School Corporation?

The median home value in South Montgomery Community School Corporation is $197k. The median monthly rent is $834. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Montgomery Community School Corporation?

Home values in South Montgomery Community School Corporation have increased 11.6% 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 South Montgomery Community School Corporation?

Based on a typical all-in ownership cost of $980/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Montgomery Community School Corporation is $85k/year.

Calculate your buying power
What industries drive the economy in South Montgomery Community School Corporation?

The largest employment sectors in South Montgomery Community School Corporation are retail (27%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.