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Sulphur Springs

Learn about the people, housing, costs and businesses in Sulphur Springs, Indiana

Median Home$156,400
Median Rent$838/month
Population307
Leading IndustriesFinance & Insurance · Information & Media · Arts, Food & Hospitality7% finance & insurance
Home Value Growth+9.7% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners86% of occupied units
NotableAffordable Market$156k median home · lower cost than 71% of the country
Sulphur Springs
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 Sulphur Springs?

As of today, the 30-year fixed mortgage rate for Sulphur Springs is approximately 6.860% (6.895% 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 Sulphur Springs?

The median home value in Sulphur Springs is $156k. The median monthly rent is $838. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sulphur Springs?

Home values in Sulphur Springs have increased 9.7% 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 Sulphur Springs?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sulphur Springs is $66k/year.

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What industries drive the economy in Sulphur Springs?

The largest employment sectors in Sulphur Springs are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.