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Westport

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

Median Home$166,300
Median Rent$715/month
Population1,579
Leading IndustriesRetail · Wholesale Trade33% retail
Home Value Growth+9.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners87% of occupied units
NotableAffordable Market$166k median home · lower cost than 67% of the country
Westport
IN

Frequently Asked Questions

What are today's mortgage rates in Westport?

As of today, the 30-year fixed mortgage rate for Westport is approximately 7.064% (7.106% 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 Westport?

The median home value in Westport is $166k. The median monthly rent is $715. Annual property taxes average $979. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Westport?

Home values in Westport have increased 9.9% over the past two years. This represents moderate growth. 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 Westport?

Based on a typical all-in ownership cost of $784/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westport is $73k/year.

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What industries drive the economy in Westport?

The largest employment sectors in Westport are retail (33%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.