Quick facts: Haubstadt, IN

Quick Facts

95.3
Cost of Living
below US average
1,635
Population
7.34
Crime Rate per 1000
below US average
$78,033
Median Income
below US average
$389,888
Median House Price
above US average
$1317
Average Rent
below US average
5%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $78,033.

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Income Needed to Buy

βœ— Stretch
$122k/year
Based on $389,888 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $122k vs median $78,033
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1317/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($78,033) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Haubstadt, IN

Haubstadt is a small, charming town located in Gibson County, Indiana. Nestled between the larger cities of Evansville and Princeton, Haubstadt offers a quiet, rural atmosphere while still being accessible to urban amenities. With a close-knit community, the town is known for its friendly residents and small-town charm. Agriculture plays a significant role in the local economy, surrounded by fertile farmland. The town has several parks and recreational activities, making it a pleasant place for families and outdoor enthusiasts. One notable feature is the annual festivals, which reflect the town’s community spirit and heritage. The Haubstadt Summer Fest is particularly popular, drawing visitors for its lively atmosphere and local entertainment. With its strategic location, Haubstadt allows residents to enjoy the peace of rural life while being just a short drive away from the larger city of Evansville, with its shopping, dining, and cultural attractions. Overall, Haubstadt is a welcoming place that embodies the essence of small-town living in Indiana.

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