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Tecumseh

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

Median Home$146,300
Median Rent$637/month
Population777
Leading IndustriesPublic Administration · Retail · Construction32% public administration
Home Value Growth+1.4% over 2 years
Retirees25% of residentsabove average nationally
Homeowners78% of occupied units
NotableAffordable Market$146k median home · lower cost than 76% of the country
Tecumseh
IN

Frequently Asked Questions

What are today's mortgage rates in Tecumseh?

As of today, the 30-year fixed mortgage rate for Tecumseh is approximately 6.995% (7.038% 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 Tecumseh?

The median home value in Tecumseh is $146k. The median monthly rent is $637. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tecumseh?

Home values in Tecumseh have increased 1.4% over the past two years. The market has been relatively stable. 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 Tecumseh?

Based on a typical all-in ownership cost of $688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tecumseh is $74k/year.

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What industries drive the economy in Tecumseh?

The largest employment sectors in Tecumseh are public administration (32%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.