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Southwest Parke Community School Corporation

Learn about the people, housing, costs and businesses in Southwest Parke Community School Corporation, Indiana

Median Home$129,691
Median Rent$843/month
Population5,023
Leading IndustriesRetail · Transportation · Professional Services25% retail
Home Value Growth⬆⬆⬆+28.7% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners82% of occupied units
NotableAffordable Market$130k median home · lower cost than 90% of the country
NotableVeteran Community8% of residents · top 27% nationally
Southwest Parke Community School Corporation
IN

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Frequently Asked Questions

What are today's mortgage rates in Southwest Parke Community School Corporation?

As of today, the 30-year fixed mortgage rate for Southwest Parke Community School Corporation is approximately 6.984% (7.026% 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 Southwest Parke Community School Corporation?

The median home value in Southwest Parke Community School Corporation is $130k. The median monthly rent is $843. Annual property taxes average $625. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Southwest Parke Community School Corporation?

Home values in Southwest Parke Community School Corporation have increased 28.7% 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 Southwest Parke Community School Corporation?

Based on a typical all-in ownership cost of $820/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Southwest Parke Community School Corporation is $63k/year.

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What industries drive the economy in Southwest Parke Community School Corporation?

The largest employment sectors in Southwest Parke Community School Corporation are retail (25%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.