Parker City has a much younger population than other areas in Indiana with a median age of 40 years. It is also much less affluent than average with a median income of $37,312 per household. Detached homes account for 100% of the area's current housing market. Heading the list of top schools in the city is Monroe Central Elementary School.
Parker City has some of the more affordable homes in the state with a median home value of $74,500 and a current average list price of $34,936.
A three-bedroom detached home valued around $78,400 is considered a typical dwelling in Parker City. If a buyer was looking for a similar home, they would need good credit and a $15,680 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $39 and the property tax rate is $9.26 per $1,000 of taxable assessed value.