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Vincennes

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

Median Home$111,587
Median Rent$769/month
Population16,615
Leading IndustriesRetail · Public Administration · Manufacturing20% retail
Home Value Growth⬆⬆+20.4% over 2 years
Young Adults34% of residentswell above average
Homeowners58% of occupied units
NotableAmenity Score70/100 · highly walkable area
NotableAffordable Market$112k median home · lower cost than 88% of the country
Vincennes
IN

Frequently Asked Questions

What are today's mortgage rates in Vincennes?

As of today, the 30-year fixed mortgage rate for Vincennes is approximately 7.187% (7.235% 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 Vincennes?

The median home value in Vincennes is $112k. The median monthly rent is $769. Annual property taxes average $918. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vincennes?

Home values in Vincennes have increased 20.4% 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 Vincennes?

Based on a typical all-in ownership cost of $751/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 Vincennes is $54k/year.

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What industries drive the economy in Vincennes?

The largest employment sectors in Vincennes are public administration (29%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.