How much do homeowners pay a month in Carpenter Township, IN?
Homeowners with a mortgage in Carpenter Township, IN pay a median of $1,083 (±$142) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $474 (±$40).
46.4% of owned homes carry a mortgage.
In Carpenter Township, the median monthly cost with a mortgage went from $954 in 2015–2019 to $1,083 in 2020–2024 (+13.5%).
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
- $1,083 (±$142)
- Without a mortgage
- $474 (±$40)
- Owned with a mortgage
- 46.4%
Monthly owner costs in Carpenter Township
| Carpenter Township | Jasper County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,083 (±$142) | $1,378 (±$57) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $474 (±$40) | $427 (±$22) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 46.4% (±10.1 points) | 59.4% (±3.5 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $804 (±$117) | $1,029 (±$59) | $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 Carpenter Township, the median cost with a mortgage is lower than in Jasper County ($1,378).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Jasper County, Carpenter Township ranks 14 of 14 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1198 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Carpenter Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $954 (±$122) | $1,083 (±$142) | +13.5% | No measurable change after inflation |
| Median real estate taxes | $535 (±$44) | $804 (±$117) | +50.3% | Up after inflation |
| Median home value | $101,600 (±$14,047) | $155,900 (±$13,575) | +53.4% | 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 Carpenter Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Carpenter Township | — | $1,083 (±$142) | — |
| Remington | 2.9 mi | $1,108 (±$164) | Not measurably different |
| Jordan Township (Jasper County) | 5.8 mi | $1,257 (±$470) | Not measurably different |
| Gilboa Township | 5.8 mi | $1,585 (±$68) | Higher |
| Goodland | 5.8 mi | $996 (±$59) | Not measurably different |
| Grant Township (Newton County) | 7.4 mi | $1,034 (±$91) | Not measurably different |
| Wolcott | 7.5 mi | $1,335 (±$61) | Higher |
| Princeton Township | 8.9 mi | $1,408 (±$70) | Higher |
| Iroquois Township | 10 mi | $1,165 (±$107) | Not measurably different |
Nearby places with a measurably higher figure: Gilboa Township, IN ($1,585), Wolcott, IN ($1,335), Princeton Township, IN ($1,408).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Jasper County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Barkley Township | $1,358 (±$504) |
| 9 | Jordan Township (Jasper County) | $1,257 (±$470) |
| 10 | Wheatfield Township | $1,238 (±$120) |
| 11 | Marion Township (Jasper County) | $1,234 (±$130) |
| 12 | Rensselaer | $1,158 (±$99) |
| 13 | Remington | $1,108 (±$164) |
| 14 | Carpenter Township | $1,083 (±$142) |
Showing 7 of 14 places in Jasper 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 Carpenter Township
What is the average mortgage payment in Carpenter Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Carpenter Township, IN is $1,083 (±$142) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Carpenter Township?
Owners without a mortgage in Carpenter Township pay a median of $474 (±$40) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Carpenter Township gone up?
In Carpenter Township, the median monthly cost with a mortgage went from $954 in 2015–2019 to $1,083 in 2020–2024 (+13.5%).
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 — Carpenter township, Jasper County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Carpenter township, Jasper County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Carpenter township, Jasper County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Carpenter township, Jasper County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Carpenter township, Jasper County, 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 Carpenter township, Jasper County, Indiana (county subdivision:10396, in state:18 county:073).
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
- Housing in Carpenter Township at a glance
- Median rent in Carpenter Township
- Renters and owners in Carpenter Township
- Income and affordability in Carpenter Township
- Home values in Carpenter Township
- Property taxes in Carpenter Township
- Types of homes in Carpenter Township
- Bedrooms in Carpenter Township
- Age of homes in Carpenter Township
- Heating fuel in Carpenter Township
- Commute and cars in Carpenter Township
- Population growth in Carpenter Township
- How long people stay in Carpenter Township
- Indiana landlord and tenant rules
- Housing across Jasper County
- Housing data for every place in Indiana