How much do homeowners pay a month in Burns Harbor, IN?
Homeowners with a mortgage in Burns Harbor, IN pay a median of $1,674 (±$91) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $570 (±$138).
68.2% of owned homes carry a mortgage.
In Burns Harbor, the median monthly cost with a mortgage went from $1,344 in 2015–2019 to $1,674 in 2020–2024 (+24.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $1,674 (±$91)
- Without a mortgage
- $570 (±$138)
- Owned with a mortgage
- 68.2%
Monthly owner costs in Burns Harbor
| Burns Harbor | Porter County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,674 (±$91) | $1,653 (±$29) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $570 (±$138) | $611 (±$17) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 68.2% (±10.0 points) | 67.1% (±1.5 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,982 (±$371) | $2,326 (±$51) | $1,614 (±$9) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Burns Harbor, the median cost with a mortgage is not measurably different from Porter County ($1,653).
It is also higher than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Porter County, Burns Harbor ranks 15 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 164 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Burns Harbor have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,344 (±$53) | $1,674 (±$91) | +24.6% | No measurable change after inflation |
| Median real estate taxes | $1,421 (±$127) | $1,982 (±$371) | +39.5% | No measurable change after inflation |
| Median home value | $167,800 (±$9,202) | $241,500 (±$27,144) | +43.9% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Burns Harbor
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Burns Harbor | — | $1,674 (±$91) | — |
| Porter | 2.3 mi | $1,588 (±$122) | Not measurably different |
| Dune Acres | 3.0 mi | $3,071 (±$742) | Higher |
| Westchester Township | 3.0 mi | $1,665 (±$67) | Not measurably different |
| Portage | 3.3 mi | $1,539 (±$58) | Lower |
| Ogden Dunes | 3.5 mi | $2,349 (±$287) | Higher |
| Portage Township (Porter County) | 3.9 mi | $1,515 (±$55) | Lower |
| Chesterton | 3.9 mi | $1,791 (±$136) | Not measurably different |
| Liberty Township (Porter County) | 5.0 mi | $1,982 (±$134) | Higher |
Nearby places with a measurably lower figure: Portage, IN ($1,539), Portage Township (Porter County), IN ($1,515).
Nearby places with a measurably higher figure: Dune Acres, IN ($3,071), Ogden Dunes, IN ($2,349), Liberty Township (Porter County), IN ($1,982).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Porter County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 9 | Chesterton | $1,791 (±$136) |
| 10 | Porter Township | $1,768 (±$86) |
| 11 | Aberdeen | $1,759 (±$375) |
| 12 | Lakes of the Four Seasons | $1,718 (±$69) |
| 13 | Pine Township (Porter County) | $1,688 (±$231) |
| 14 | Center Township (Porter County) | $1,685 (±$85) |
| 15 | Burns Harbor | $1,674 (±$91) |
| 16 | Westchester Township | $1,665 (±$67) |
| 17 | Porter | $1,588 (±$122) |
| 18 | Valparaiso | $1,580 (±$77) |
| 19 | Portage | $1,539 (±$58) |
| 20 | Portage Township (Porter County) | $1,515 (±$55) |
| 21 | Morgan Township (Porter County) | $1,493 (±$224) |
Showing 13 of 28 places in Porter County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Burns Harbor
What is the average mortgage payment in Burns Harbor?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Burns Harbor, IN is $1,674 (±$91) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Burns Harbor?
Owners without a mortgage in Burns Harbor pay a median of $570 (±$138) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Burns Harbor gone up?
In Burns Harbor, the median monthly cost with a mortgage went from $1,344 in 2015–2019 to $1,674 in 2020–2024 (+24.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Burns Harbor town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Burns Harbor town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Burns Harbor town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Burns Harbor town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Burns Harbor town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Burns Harbor town, Indiana (place:09370, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Renters and owners in Burns Harbor
- Income and affordability in Burns Harbor
- Home values in Burns Harbor
- Property taxes in Burns Harbor
- Types of homes in Burns Harbor
- Bedrooms in Burns Harbor
- Age of homes in Burns Harbor
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- Commute and cars in Burns Harbor
- Population growth in Burns Harbor
- How long people stay in Burns Harbor
- Indiana landlord and tenant rules
- Housing across Porter County
- Housing data for every place in Indiana