Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Spring Hill

Learn about the people, housing, costs and businesses in Spring Hill, Indiana

Median Home$278,100
Median Rent$1,348/month
Population104
Leading IndustriesWholesale Trade · Professional Services · Education14% wholesale trade
Home Value Growth+8.8% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableHigh Incomes$103k/year · top 15% nationally
NotableVeteran Community9% of residents · top 22% nationally
Spring Hill
IN

Frequently Asked Questions

What are today's mortgage rates in Spring Hill?

As of today, the 30-year fixed mortgage rate for Spring Hill 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.

View current rates for Spring Hill
What is the median home price in Spring Hill?

The median home value in Spring Hill is $278k. The median monthly rent is $1,348. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Spring Hill?

Home values in Spring Hill have increased 8.8% 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 Spring Hill?

Based on a typical all-in ownership cost of $1,221/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Spring Hill is $103k/year.

Calculate your buying power
What industries drive the economy in Spring Hill?

The largest employment sectors in Spring Hill are public administration (25%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.