How much do homeowners pay a month in Lynnville, IN?
Homeowners with a mortgage in Lynnville, IN pay a median of $1,130 (±$44) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $456 (±$66).
66.2% of owned homes carry a mortgage.
In Lynnville, the median monthly cost with a mortgage went from $867 in 2015–2019 to $1,130 in 2020–2024 (+30.3%).
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
- $1,130 (±$44)
- Without a mortgage
- $456 (±$66)
- Owned with a mortgage
- 66.2%
Monthly owner costs in Lynnville
| Lynnville | Warrick County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,130 (±$44) | $1,539 (±$49) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $456 (±$66) | $570 (±$30) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 66.2% (±11.2 points) | 62.5% (±2.0 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,057 (±$426) | $1,631 (±$52) | $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 Lynnville, the median cost with a mortgage is lower than in Warrick County ($1,539).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Warrick County, Lynnville ranks 14 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1068 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lynnville have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $867 (±$98) | $1,130 (±$44) | +30.3% | No measurable change after inflation |
| Median real estate taxes | $575 (±$162) | $1,057 (±$426) | +83.8% | No measurable change after inflation |
| Median home value | $100,400 (±$14,705) | $129,700 (±$23,395) | +29.2% | 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 Lynnville
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lynnville | — | $1,130 (±$44) | — |
| Hart Township | 1.2 mi | $1,194 (±$77) | Not measurably different |
| Spurgeon | 5.0 mi | $910 (±$112) | Lower |
| Barton Township | 5.1 mi | $1,240 (±$348) | Not measurably different |
| Greer Township | 5.2 mi | $1,270 (±$132) | Higher |
| Mackey | 5.4 mi | $1,188 (±$1,008) | Not measurably different |
| Somerville | 6.4 mi | $958 (±$191) | Not measurably different |
| Monroe Township (Pike County) | 6.8 mi | $1,556 (±$340) | Higher |
| Elberfeld | 7.6 mi | $1,211 (±$75) | Not measurably different |
Nearby places with a measurably lower figure: Spurgeon, IN ($910).
Nearby places with a measurably higher figure: Greer Township, IN ($1,270), Monroe Township (Pike County), IN ($1,556).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Warrick County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Greer Township | $1,270 (±$132) |
| 9 | Elberfeld | $1,211 (±$75) |
| 10 | Anderson Township (Warrick County) | $1,208 (±$828) |
| 11 | Hart Township | $1,194 (±$77) |
| 12 | Chandler | $1,148 (±$147) |
| 13 | Boonville | $1,138 (±$171) |
| 14 | Lynnville | $1,130 (±$44) |
| 15 | Tennyson | $1,125 (±$417) |
Showing 8 of 15 places in Warrick 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 Lynnville
What is the average mortgage payment in Lynnville?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lynnville, IN is $1,130 (±$44) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lynnville?
Owners without a mortgage in Lynnville pay a median of $456 (±$66) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lynnville gone up?
In Lynnville, the median monthly cost with a mortgage went from $867 in 2015–2019 to $1,130 in 2020–2024 (+30.3%).
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 — Lynnville town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lynnville town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lynnville town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lynnville town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lynnville 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 Lynnville town, Indiana (place:45486, 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 Lynnville at a glance
- Renters and owners in Lynnville
- Income and affordability in Lynnville
- Home values in Lynnville
- Property taxes in Lynnville
- Types of homes in Lynnville
- Bedrooms in Lynnville
- Age of homes in Lynnville
- Heating fuel in Lynnville
- Commute and cars in Lynnville
- How long people stay in Lynnville
- Indiana landlord and tenant rules
- Housing across Warrick County
- Housing data for every place in Indiana