How much do homeowners pay a month in Liberty Township (Tipton County), IN?
Homeowners with a mortgage in Liberty Township (Tipton County), IN pay a median of $1,316 (±$99) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $452 (±$73).
61.6% of owned homes carry a mortgage.
In Liberty Township (Tipton County), the median monthly cost with a mortgage went from $1,000 in 2015–2019 to $1,316 in 2020–2024 (+31.6%).
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
- $1,316 (±$99)
- Without a mortgage
- $452 (±$73)
- Owned with a mortgage
- 61.6%
Monthly owner costs in Liberty Township (Tipton County)
| Liberty Township (Tipton County) | Tipton County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,316 (±$99) | $1,288 (±$69) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $452 (±$73) | $445 (±$29) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 61.6% (±10.6 points) | 62.0% (±4.5 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $873 (±$137) | $1,139 (±$98) | $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 Liberty Township (Tipton County), the median cost with a mortgage is not measurably different from Tipton County ($1,288).
It is not measurably different from Indiana ($1,404).
It is lower than the national figure ($1,963).
In Tipton County, Liberty Township (Tipton County) ranks 3 of 10 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 644 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Liberty Township (Tipton County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,000 (±$74) | $1,316 (±$99) | +31.6% | No measurable change after inflation |
| Median real estate taxes | $823 (±$106) | $873 (±$137) | +6.1% | No measurable change after inflation |
| Median home value | $122,900 (±$16,601) | $187,100 (±$18,272) | +52.2% | 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 Liberty Township (Tipton County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Liberty Township (Tipton County) | — | $1,316 (±$99) | — |
| Sharpsville | 1.6 mi | $1,170 (±$191) | Not measurably different |
| Taylor Township (Howard County) | 4.6 mi | $1,045 (±$114) | Lower |
| Windfall City | 5.4 mi | $1,075 (±$216) | Lower |
| Tipton | 6.0 mi | $1,219 (±$136) | Not measurably different |
| Prairie Township (Tipton County) | 6.6 mi | $1,743 (±$298) | Higher |
| Cicero Township | 6.6 mi | $1,235 (±$82) | Not measurably different |
| Wildcat Township | 7.2 mi | $1,197 (±$134) | Not measurably different |
| Kokomo | 7.4 mi | $1,040 (±$40) | Lower |
Nearby places with a measurably lower figure: Taylor Township (Howard County), IN ($1,045), Windfall City, IN ($1,075), Kokomo, IN ($1,040).
Nearby places with a measurably higher figure: Prairie Township (Tipton County), IN ($1,743).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Tipton County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Prairie Township (Tipton County) | $1,743 (±$298) |
| 2 | Jefferson Township (Tipton County) | $1,365 (±$481) |
| 3 | Liberty Township (Tipton County) | $1,316 (±$99) |
| 4 | Madison Township (Tipton County) | $1,288 (±$285) |
| 5 | Cicero Township | $1,235 (±$82) |
| 6 | Tipton | $1,219 (±$136) |
| 7 | Wildcat Township | $1,197 (±$134) |
| 8 | Sharpsville | $1,170 (±$191) |
| 9 | Kempton | $1,078 (±$157) |
Showing 9 of 10 places in Tipton 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 Liberty Township (Tipton County)
What is the average mortgage payment in Liberty Township (Tipton County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Liberty Township (Tipton County), IN is $1,316 (±$99) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Liberty Township (Tipton County)?
Owners without a mortgage in Liberty Township (Tipton County) pay a median of $452 (±$73) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Liberty Township (Tipton County) gone up?
In Liberty Township (Tipton County), the median monthly cost with a mortgage went from $1,000 in 2015–2019 to $1,316 in 2020–2024 (+31.6%).
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 — Liberty township, Tipton County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Liberty township, Tipton County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Liberty township, Tipton County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Liberty township, Tipton County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Liberty township, Tipton 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 Liberty township, Tipton County, Indiana (county subdivision:43416, in state:18 county:159).
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 Liberty Township (Tipton County) at a glance
- Income and affordability in Liberty Township (Tipton County)
- Home values in Liberty Township (Tipton County)
- Property taxes in Liberty Township (Tipton County)
- Types of homes in Liberty Township (Tipton County)
- Bedrooms in Liberty Township (Tipton County)
- Age of homes in Liberty Township (Tipton County)
- Heating fuel in Liberty Township (Tipton County)
- Commute and cars in Liberty Township (Tipton County)
- Population growth in Liberty Township (Tipton County)
- Indiana landlord and tenant rules
- Housing across Tipton County
- Housing data for every place in Indiana