How much do homeowners pay a month in Fountain City, IN?
Homeowners with a mortgage in Fountain City, IN pay a median of $1,102 (±$261) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $414 (±$115).
46.2% of owned homes carry a mortgage.
In Fountain City, the median monthly cost with a mortgage went from $975 in 2015–2019 to $1,102 in 2020–2024 (+13.0%).
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
- $1,102 (±$261)
- Without a mortgage
- $414 (±$115)
- Owned with a mortgage
- 46.2%
Monthly owner costs in Fountain City
| Fountain City | Wayne County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,102 (±$261) | $1,117 (±$38) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $414 (±$115) | $442 (±$18) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 46.2% (±14.6 points) | 63.4% (±2.0 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $849 (±$134) | $1,137 (±$49) | $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 Fountain City, the median cost with a mortgage is not measurably different from Wayne County ($1,117).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Wayne County, Fountain City ranks 17 of 29 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1139 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Fountain City have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $975 (±$97) | $1,102 (±$261) | +13.0% | No measurable change after inflation |
| Median real estate taxes | $597 (±$157) | $849 (±$134) | +42.2% | No measurable change after inflation |
| Median home value | $78,100 (±$4,015) | $96,200 (±$13,750) | +23.2% | 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 Fountain City
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Fountain City | — | $1,102 (±$261) | — |
| New Garden Township | 0.8 mi | $1,346 (±$398) | Not measurably different |
| Franklin Township (Wayne County) | 3.2 mi | $1,346 (±$226) | Not measurably different |
| Webster Township (Wayne County) | 4.3 mi | $1,351 (±$233) | Not measurably different |
| Green Township (Wayne County) | 4.5 mi | $1,534 (±$353) | Not measurably different |
| Whitewater | 4.7 mi | $1,286 (±$853) | Not measurably different |
| Lynn | 6.6 mi | $797 (±$213) | Not measurably different |
| Hollansburg | 7.3 mi | $955 (±$101) | Not measurably different |
| Spring Grove | 7.6 mi | $978 (±$113) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Wayne County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 11 | Washington Township (Wayne County) | $1,242 (±$322) |
| 12 | Perry Township (Wayne County) | $1,225 (±$393) |
| 13 | Boston Township | $1,193 (±$600) |
| 14 | Center Township (Wayne County) | $1,147 (±$123) |
| 15 | Centerville | $1,139 (±$98) |
| 16 | Boston | $1,134 (±$95) |
| 17 | Fountain City | $1,102 (±$261) |
| 18 | Jefferson Township (Wayne County) | $1,100 (±$73) |
| 19 | Hagerstown | $1,084 (±$81) |
| 20 | Mount Auburn | $1,063 (±$419) |
| 21 | Wayne Township (Wayne County) | $1,041 (±$50) |
| 22 | Jackson Township (Wayne County) | $1,038 (±$145) |
| 23 | Richmond | $1,027 (±$54) |
Showing 13 of 29 places in Wayne 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 Fountain City
What is the average mortgage payment in Fountain City?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Fountain City, IN is $1,102 (±$261) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Fountain City?
Owners without a mortgage in Fountain City pay a median of $414 (±$115) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Fountain City gone up?
In Fountain City, the median monthly cost with a mortgage went from $975 in 2015–2019 to $1,102 in 2020–2024 (+13.0%).
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 — Fountain City town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Fountain City town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Fountain City town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Fountain City town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Fountain City 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 Fountain City town, Indiana (place:25090, 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
- Housing in Fountain City at a glance
- Renters and owners in Fountain City
- Income and affordability in Fountain City
- Home values in Fountain City
- Property taxes in Fountain City
- Types of homes in Fountain City
- Bedrooms in Fountain City
- Age of homes in Fountain City
- Heating fuel in Fountain City
- Commute and cars in Fountain City
- Indiana landlord and tenant rules
- Housing across Wayne County
- Housing data for every place in Indiana