How much do homeowners pay a month in Democrat Township, IN?
Homeowners with a mortgage in Democrat Township, IN pay a median of $1,413 (±$146) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $305 (±$34).
62.4% of owned homes carry a mortgage.
In Democrat Township, the median monthly cost with a mortgage went from $1,435 in 2015–2019 to $1,413 in 2020–2024 (−1.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,413 (±$146)
- Without a mortgage
- $305 (±$34)
- Owned with a mortgage
- 62.4%
Monthly owner costs in Democrat Township
| Democrat Township | Carroll County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,413 (±$146) | $1,190 (±$49) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $305 (±$34) | $457 (±$30) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 62.4% (±19.9 points) | 54.8% (±2.9 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,073 (±$340) | $1,015 (±$97) | $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 Democrat Township, the median cost with a mortgage is higher than in Carroll County ($1,190).
It is not measurably different from Indiana ($1,404).
It is lower than the national figure ($1,963).
In Carroll County, Democrat Township ranks 3 of 19 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 451 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Democrat Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,435 (±$185) | $1,413 (±$146) | −1.5% | Down after inflation |
| Median real estate taxes | $1,042 (±$176) | $1,073 (±$340) | +3.0% | No measurable change after inflation |
| Median home value | $162,100 (±$53,982) | $245,500 (±$66,499) | +51.4% | No measurable change 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 Democrat Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Democrat Township | — | $1,413 (±$146) | — |
| Monroe Township (Carroll County) | 4.5 mi | $1,140 (±$76) | Lower |
| Rossville | 5.0 mi | $1,124 (±$91) | Lower |
| Owen Township (Clinton County) | 5.0 mi | $1,772 (±$379) | Not measurably different |
| Flora | 5.4 mi | $1,111 (±$74) | Lower |
| Burlington Township | 5.4 mi | $1,278 (±$263) | Not measurably different |
| Clay Township (Carroll County) | 6.3 mi | $1,296 (±$156) | Not measurably different |
| Madison Township (Carroll County) | 6.6 mi | $1,891 (±$781) | Not measurably different |
| Ross Township (Clinton County) | 6.9 mi | $1,298 (±$103) | Not measurably different |
Nearby places with a measurably lower figure: Monroe Township (Carroll County), IN ($1,140), Rossville, IN ($1,124), Flora, IN ($1,111).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Carroll County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Madison Township (Carroll County) | $1,891 (±$781) |
| 2 | Rock Creek Township (Carroll County) | $1,702 (±$294) |
| 3 | Democrat Township | $1,413 (±$146) |
| 4 | Tippecanoe Township (Carroll County) | $1,378 (±$148) |
| 5 | Carrollton Township | $1,368 (±$746) |
| 6 | Clay Township (Carroll County) | $1,296 (±$156) |
| 7 | Burlington Township | $1,278 (±$263) |
| 8 | Deer Creek Township (Carroll County) | $1,161 (±$82) |
| 9 | Monroe Township (Carroll County) | $1,140 (±$76) |
Showing 9 of 19 places in Carroll 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.
What you can do on Seayora in Democrat Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Democrat Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Democrat Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Democrat Township, and send estimates and invoices from your phone.
Questions about Democrat Township
What is the average mortgage payment in Democrat Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Democrat Township, IN is $1,413 (±$146) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Democrat Township?
Owners without a mortgage in Democrat Township pay a median of $305 (±$34) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Democrat Township gone up?
In Democrat Township, the median monthly cost with a mortgage went from $1,435 in 2015–2019 to $1,413 in 2020–2024 (−1.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Democrat township, Carroll County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Democrat township, Carroll County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Democrat township, Carroll County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Democrat township, Carroll County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Democrat township, Carroll 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 Democrat township, Carroll County, Indiana (county subdivision:17686, in state:18 county:015).
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 Democrat Township at a glance
- Income and affordability in Democrat Township
- Home values in Democrat Township
- Property taxes in Democrat Township
- Types of homes in Democrat Township
- Age of homes in Democrat Township
- Heating fuel in Democrat Township
- Commute and cars in Democrat Township
- Indiana landlord and tenant rules
- Housing across Carroll County
- Housing data for every place in Indiana