Hamilton, Indiana.
Typical home $369,609 (+7.9% in a year). Angola, IN metro.
to buy the typical home at today's mortgage rate — +$1,186 (+157%) since Jan 2020.
- 1 year
- Up $27,105 +8%
- $342,504$369,609 since Sep 2025
- 5 years
- Up $99,605 +37%
- $270,004$369,609 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Hamilton$1,940
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Hamilton, IN rose 7.9% over the past year — faster than the nation's +1.2%.
Living in Hamilton, Steuben County, Indiana
Hamilton is a town of 1,529 people in Steuben County. Half its households earn more than $69,761 a year and half less, against $74,911 across Steuben County; 7% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in Steuben County was 3.4% in August 2026, and the county had 1.0% fewer jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Hamilton is a small town in Steuben County, in the northeast corner of Indiana. Most homes are lived in by their owners, and incomes run somewhat below the county's, with homes that sell for a good deal more than that might suggest. Winters are cold and snowy, with January the coldest month, while summers are warm and rain falls steadily through the year.
Work. Manufacturing is a main source of work here, and the largest workplaces in Hamilton include Triton Metal Products, AZZ and Hamilton Community Schools. Residents also work in schools, hospitals and social care, in professional and business services, and in restaurants and hotels. Commutes are on the longer side, and few people work from home. Across Steuben County, there were slightly fewer jobs last year than the year before, though unemployment has eased compared with a year earlier.
Things to do. Water is the draw nearby. Lake James is a lake a longer drive away, and Pokagon State Park, a protected area, is also a longer drive away. For something indoors, the Auburn Cord Duesenberg Automobile Museum is a museum a longer drive away, and it suits anyone with an interest in classic cars.
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- 897households
- 25%of adults have a degree
- 7%below the poverty line
- 28 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Steuben County had 16,091 jobs in 2025, 1.0% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 16°; warmest in July, with highs near 82° and lows near 61°. About 39 inches of snow and 39 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Angola weather station, 10 miles away (NOAA).
Largest workplaces in Hamilton
- Triton Metal ProductsFloating covers, fabricated metal plate work, manufacturing105
- AZZBonderizing metal and metal products for the trade88
- Hamilton Community SchoolsSchool district74FTE
- TriMasBottle caps and lids, plastics, manufacturing58
- Air-way Global ManufacturingControl valves, fluid power, manufacturing47
- HalexLinear accelerators manufacturing35
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 5 workplaces with 20 or more staff, 333 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively high
- TornadoesRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
- LightningRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Hamilton’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Steuben County and the Angola, IN metro.
Hamilton home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Hamilton$369,609
- Indiana$257,165
- United States$366,157
Sellers are cutting prices on about 1 in 4 Hamilton listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Hamilton25.60%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Hamilton30
New listings per month
Sellers arriving at the market.
- Hamilton6
Zip codes with a Hamilton address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hamilton — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.