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Straughn

Learn about the people, housing, costs and businesses in Straughn, Indiana

Median Home$171,300
Median Rent$759/month
Population246
Leading IndustryManufacturing1% of local workforce
Home Value Growth⬆⬆+19.1% over 2 years
Retirees23% of residentsslightly above average
Homeowners78% of occupied units
NotableHigh Incomes$86k/year · top 29% nationally
Straughn
IN

Frequently Asked Questions

What are today's mortgage rates in Straughn?

As of today, the 30-year fixed mortgage rate for Straughn is approximately 7.102% (7.148% 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 Straughn?

The median home value in Straughn is $171k. The median monthly rent is $759. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Straughn?

Home values in Straughn have increased 19.1% 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 Straughn?

Based on a typical all-in ownership cost of $896/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Straughn is $86k/year.

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What industries drive the economy in Straughn?

The largest employment sectors in Straughn are public administration (25%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.