How much do homeowners pay a month in Chester Township (Wabash County), IN?
Homeowners with a mortgage in Chester Township (Wabash County), IN pay a median of $994 (±$83) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $406 (±$45).
65.0% of owned homes carry a mortgage.
In Chester Township (Wabash County), the median monthly cost with a mortgage went from $908 in 2015–2019 to $994 in 2020–2024 (+9.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $994 (±$83)
- Without a mortgage
- $406 (±$45)
- Owned with a mortgage
- 65.0%
Monthly owner costs in Chester Township (Wabash County)
| Chester Township (Wabash County) | Wabash County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $994 (±$83) | $1,147 (±$44) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $406 (±$45) | $426 (±$17) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 65.0% (±6.6 points) | 62.5% (±3.2 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $841 (±$136) | $813 (±$60) | $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 Chester Township (Wabash County), the median cost with a mortgage is lower than in Wabash County ($1,147).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Wabash County, Chester Township (Wabash County) ranks 8 of 12 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1374 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Chester Township (Wabash County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $908 (±$59) | $994 (±$83) | +9.5% | Down after inflation |
| Median real estate taxes | $486 (±$64) | $841 (±$136) | +73.0% | Up after inflation |
| Median home value | $99,100 (±$10,030) | $147,300 (±$13,784) | +48.6% | 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 Chester Township (Wabash County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Chester Township (Wabash County) | — | $994 (±$83) | — |
| North Manchester | 2.9 mi | $989 (±$101) | Not measurably different |
| Warren Township (Huntington County) | 6.7 mi | $1,553 (±$198) | Higher |
| Pleasant Township (Wabash County) | 6.9 mi | $1,469 (±$227) | Higher |
| Jackson Township (Kosciusko County) | 7.0 mi | $1,313 (±$390) | Not measurably different |
| Cleveland Township (Whitley County) | 7.2 mi | $1,113 (±$93) | Not measurably different |
| Paw Paw Township | 8.3 mi | $1,357 (±$123) | Higher |
| Sidney | 8.8 mi | $1,393 (±$277) | Higher |
| Lake Township (Kosciusko County) | 9.1 mi | $1,165 (±$91) | Higher |
Nearby places with a measurably higher figure: Warren Township (Huntington County), IN ($1,553), Pleasant Township (Wabash County), IN ($1,469), Paw Paw Township, IN ($1,357).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Wabash County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 2 | Paw Paw Township | $1,357 (±$123) |
| 3 | Lagro Township | $1,212 (±$126) |
| 4 | Noble Township (Wabash County) | $1,133 (±$64) |
| 5 | Wabash | $1,038 (±$83) |
| 6 (tie) | Lagro | $1,016 (±$114) |
| 6 (tie) | Liberty Township (Wabash County) | $1,016 (±$419) |
| 8 | Chester Township (Wabash County) | $994 (±$83) |
| 9 | North Manchester | $989 (±$101) |
| 10 | Waltz Township | $984 (±$120) |
| 11 | Roann | $910 (±$209) |
| 12 | La Fontaine | $856 (±$144) |
Showing 11 of 12 places in Wabash 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 Chester Township (Wabash County)
What is the average mortgage payment in Chester Township (Wabash County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Chester Township (Wabash County), IN is $994 (±$83) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Chester Township (Wabash County)?
Owners without a mortgage in Chester Township (Wabash County) pay a median of $406 (±$45) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Chester Township (Wabash County) gone up?
In Chester Township (Wabash County), the median monthly cost with a mortgage went from $908 in 2015–2019 to $994 in 2020–2024 (+9.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Chester township, Wabash County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Chester township, Wabash County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Chester township, Wabash County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Chester township, Wabash County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Chester township, Wabash 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 Chester township, Wabash County, Indiana (county subdivision:12322, in state:18 county:169).
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 .
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