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Vera Cruz

Learn about the people, housing, costs and businesses in Vera Cruz, Indiana

Median Home$240,000
Median Rent$762/month
Population64
Leading IndustriesRetail · Finance & Insurance · Information & Media26% retail
Home Value Growth⬆⬆⬆+29.8% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners91% of occupied units
NotableHigh Incomes$88k/year · top 26% nationally
Vera Cruz
IN

Frequently Asked Questions

What are today's mortgage rates in Vera Cruz?

As of today, the 30-year fixed mortgage rate for Vera Cruz is approximately 7.059% (7.101% 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 Vera Cruz?

The median home value in Vera Cruz is $240k. The median monthly rent is $762. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vera Cruz?

Home values in Vera Cruz have increased 29.8% 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 Vera Cruz?

Based on a typical all-in ownership cost of $1,070/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vera Cruz is $88k/year.

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What industries drive the economy in Vera Cruz?

The largest employment sectors in Vera Cruz are retail (26%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.