How much do homeowners pay a month in Driftwood Township, IN?

Homeowners with a mortgage in Driftwood Township, IN pay a median of $1,163 (±$242) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $590 (±$114).

71.6% of owned homes carry a mortgage.

In Driftwood Township, the median monthly cost with a mortgage went from $1,050 in 2015–2019 to $1,163 in 2020–2024 (+10.8%).

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
$1,163 (±$242)
Without a mortgage
$590 (±$114)
Owned with a mortgage
71.6%

Monthly owner costs in Driftwood Township

Median selected monthly owner costs, estimate (90% margin of error)
Driftwood TownshipJackson CountyIndianaUnited States
With a mortgage$1,163 (±$242)$1,213 (±$33)$1,404 (±$5)$1,963
Without a mortgage$590 (±$114)$493 (±$31)$517 (±$3)$638
Owned homes with a mortgage71.6% (±13.3 points)58.1% (±3.2 points)63.6% (±0.3 points)60.6%
Median real estate taxes (a year)$1,103 (±$388)$881 (±$62)$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 Driftwood Township, the median cost with a mortgage is not measurably different from Jackson County ($1,213).

It is not measurably different from Indiana ($1,404).

It is lower than the national figure ($1,963).

In Jackson County, Driftwood Township ranks 9 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 976 of 1,564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Driftwood Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,050 (±$206)$1,163 (±$242)+10.8%No measurable change after inflation
Median real estate taxes$1,318 (±$158)$1,103 (±$388)−16.3%Down after inflation
Median home value$154,000 (±$67,255)$178,800 (±$77,435)+16.1%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 Driftwood Township

Nearest places with a published estimate, compared with Driftwood Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Driftwood Township—$1,163 (±$242)—
Medora3.2 mi$939 (±$189)Not measurably different
Brownstown5.9 mi$1,122 (±$83)Not measurably different
Carr Township (Jackson County)6.0 mi$1,055 (±$136)Not measurably different
Monroe Township (Washington County)6.1 mi$1,222 (±$626)Not measurably different
Brownstown Township6.6 mi$1,144 (±$78)Not measurably different
Grassy Fork Township7.3 mi$1,283 (±$349)Not measurably different
Jefferson Township (Washington County)7.6 mi$753 (±$114)Lower
Owen Township (Jackson County)8.2 mi$1,448 (±$286)Not measurably different

Nearby places with a measurably lower figure: Jefferson Township (Washington County), IN ($753).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Jackson County, place by place

RankPlaceMedian monthly cost with a mortgage
3Owen Township (Jackson County)$1,448 (±$286)
4Hamilton Township (Jackson County)$1,439 (±$145)
5Washington Township (Jackson County)$1,375 (±$368)
6Grassy Fork Township$1,283 (±$349)
7Redding Township$1,220 (±$116)
8Jackson Township (Jackson County)$1,208 (±$40)
9Driftwood Township$1,163 (±$242)
10Seymour$1,161 (±$36)
11Brownstown Township$1,144 (±$78)
12Vernon Township (Jackson County)$1,134 (±$89)
13Brownstown$1,122 (±$83)
14Crothersville$1,075 (±$64)
15Carr Township (Jackson County)$1,055 (±$136)

Showing 13 of 16 places in Jackson 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 Driftwood Township

What is the average mortgage payment in Driftwood Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Driftwood Township, IN is $1,163 (±$242) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Driftwood Township?

Owners without a mortgage in Driftwood Township pay a median of $590 (±$114) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Driftwood Township gone up?

In Driftwood Township, the median monthly cost with a mortgage went from $1,050 in 2015–2019 to $1,163 in 2020–2024 (+10.8%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Driftwood township, Jackson County, Indiana (county subdivision:18712, in state:18 county:071).

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.

Request a Census API 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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