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Syracuse

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

Median Home$227,523
Median Rent$1,100/month
Population3,190
Leading IndustriesRetail · Manufacturing36% retail
Home Value Growth⬆⬆⬆+24.1% over 2 years
Retirees24% of residentsslightly above average
Homeowners77% of occupied units
NotableAmenity Score70/100 · highly walkable area
Syracuse
IN

Frequently Asked Questions

What are today's mortgage rates in Syracuse?

As of today, the 30-year fixed mortgage rate for Syracuse is approximately 6.982% (7.021% 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 Syracuse?

The median home value in Syracuse is $228k. The median monthly rent is $1,100. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Syracuse?

Home values in Syracuse have increased 24.1% 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 Syracuse?

Based on a typical all-in ownership cost of $989/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 Syracuse is $78k/year.

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What industries drive the economy in Syracuse?

The largest employment sectors in Syracuse are retail (36%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.