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Terre Haute

Learn about the people, housing, costs and businesses in Terre Haute

Median Home$146,729
Median Rent$895/month
Population168,719
Leading IndustriesRetail · Construction · Public Administration16% retail
Home Value Growth⬆⬆+17.3% over 2 years
Young Adults31% of residentsslightly above average
Homeowners68% of occupied units
NotableAffordable Market$147k median home · lower cost than 97% of the country
Terre Haute

Frequently Asked Questions

What are today's mortgage rates in Terre Haute?

Mortgage rates for Terre Haute are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Terre Haute
What is the median home price in Terre Haute?

The median home value in Terre Haute is $147k. The median monthly rent is $895. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Terre Haute?

Home values in Terre Haute have increased 17.3% 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 Terre Haute?

Based on a typical all-in ownership cost of $870/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Terre Haute is $60k/year.

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What industries drive the economy in Terre Haute?

The largest employment sectors in Terre Haute are public administration (26%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.