How much do homeowners pay a month in Marion Township (Owen County), IN?
Homeowners with a mortgage in Marion Township (Owen County), IN pay a median of $1,100 (±$260) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $624 (±$133).
50.4% of owned homes carry a mortgage.
In Marion Township (Owen County), the median monthly cost with a mortgage went from $1,153 in 2015–2019 to $1,100 in 2020–2024 (−4.6%).
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
- $1,100 (±$260)
- Without a mortgage
- $624 (±$133)
- Owned with a mortgage
- 50.4%
Monthly owner costs in Marion Township (Owen County)
| Marion Township (Owen County) | Owen County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,100 (±$260) | $1,261 (±$72) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $624 (±$133) | $493 (±$26) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 50.4% (±18.8 points) | 56.3% (±4.4 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,505 (±$1,375) | $1,145 (±$81) | $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 Marion Township (Owen County), the median cost with a mortgage is not measurably different from Owen County ($1,261).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Owen County, Marion Township (Owen County) ranks 14 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1147 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Marion Township (Owen County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,153 (±$315) | $1,100 (±$260) | −4.6% | No measurable change after inflation |
| Median home value | $116,900 (±$45,955) | $148,800 (±$108,184) | +27.3% | 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 Marion Township (Owen County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Marion Township (Owen County) | — | $1,100 (±$260) | — |
| Lafayette Township (Owen County) | 5.8 mi | $1,199 (±$252) | Not measurably different |
| Washington Township (Clay County) | 6.0 mi | $1,293 (±$519) | Not measurably different |
| Harrison Township (Clay County) | 6.2 mi | $1,281 (±$358) | Not measurably different |
| Jefferson Township (Owen County) | 6.3 mi | $1,149 (±$712) | Not measurably different |
| Clay City | 6.5 mi | $937 (±$54) | Not measurably different |
| Morgan Township (Owen County) | 7.3 mi | $1,236 (±$540) | Not measurably different |
| Sugar Ridge Township | 8.0 mi | $1,009 (±$168) | Not measurably different |
| Center Point | 9.2 mi | $998 (±$254) | 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 Owen County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Franklin Township (Owen County) | $1,205 (±$266) |
| 9 | Lafayette Township (Owen County) | $1,199 (±$252) |
| 10 | Jackson Township (Owen County) | $1,198 (±$321) |
| 11 | Montgomery Township (Owen County) | $1,173 (±$461) |
| 12 | Jefferson Township (Owen County) | $1,149 (±$712) |
| 13 | Wayne Township (Owen County) | $1,113 (±$218) |
| 14 | Marion Township (Owen County) | $1,100 (±$260) |
| 15 | Gosport | $1,081 (±$237) |
Showing 8 of 15 places in Owen 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 Marion Township (Owen County)
What is the average mortgage payment in Marion Township (Owen County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Marion Township (Owen County), IN is $1,100 (±$260) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Marion Township (Owen County)?
Owners without a mortgage in Marion Township (Owen County) pay a median of $624 (±$133) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Marion Township (Owen County) gone up?
In Marion Township (Owen County), the median monthly cost with a mortgage went from $1,153 in 2015–2019 to $1,100 in 2020–2024 (−4.6%).
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 — Marion township, Owen County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Marion township, Owen County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Marion township, Owen County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Marion township, Owen County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Marion township, Owen 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 Marion township, Owen County, Indiana (county subdivision:46998, in state:18 county:119).
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 Marion Township (Owen County) at a glance
- Income and affordability in Marion Township (Owen County)
- Types of homes in Marion Township (Owen County)
- Age of homes in Marion Township (Owen County)
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- Commute and cars in Marion Township (Owen County)
- Indiana landlord and tenant rules
- Housing across Owen County
- Housing data for every place in Indiana