How much do homeowners pay a month in Monon Township, IN?
Homeowners with a mortgage in Monon Township, IN pay a median of $1,149 (±$144) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $435 (±$65).
45.4% of owned homes carry a mortgage.
In Monon Township, the median monthly cost with a mortgage went from $933 in 2015–2019 to $1,149 in 2020–2024 (+23.2%).
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
- $1,149 (±$144)
- Without a mortgage
- $435 (±$65)
- Owned with a mortgage
- 45.4%
Monthly owner costs in Monon Township
| Monon Township | White County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,149 (±$144) | $1,302 (±$49) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $435 (±$65) | $466 (±$23) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 45.4% (±11.1 points) | 62.0% (±3.3 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $611 (±$141) | $953 (±$70) | $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 Monon Township, the median cost with a mortgage is lower than in White County ($1,302).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In White County, Monon Township ranks 13 of 19 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1012 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Monon Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $933 (±$60) | $1,149 (±$144) | +23.2% | No measurable change after inflation |
| Median real estate taxes | $574 (±$75) | $611 (±$141) | +6.4% | No measurable change after inflation |
| Median home value | $94,200 (±$16,917) | $142,100 (±$20,133) | +50.8% | 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 Monon Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Monon Township | — | $1,149 (±$144) | — |
| Monon | 0.9 mi | $1,032 (±$197) | Not measurably different |
| Salem Township (Pulaski County) | 5.4 mi | $1,095 (±$180) | Not measurably different |
| Honey Creek Township (White County) | 7.0 mi | $1,169 (±$250) | Not measurably different |
| Liberty Township (White County) | 7.4 mi | $1,145 (±$332) | Not measurably different |
| Francesville | 7.5 mi | $1,037 (±$187) | Not measurably different |
| Reynolds | 8.8 mi | $1,144 (±$161) | Not measurably different |
| Princeton Township | 9.5 mi | $1,408 (±$70) | Higher |
| Union Township (White County) | 11 mi | $1,379 (±$107) | Higher |
Nearby places with a measurably higher figure: Princeton Township, IN ($1,408), Union Township (White County), IN ($1,379).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across White County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 7 | Big Creek Township | $1,332 (±$102) |
| 8 | Prairie Township (White County) | $1,245 (±$116) |
| 9 | Chalmers | $1,235 (±$108) |
| 10 | Lincoln Township (White County) | $1,174 (±$313) |
| 11 | Monticello | $1,173 (±$105) |
| 12 | Honey Creek Township (White County) | $1,169 (±$250) |
| 13 | Monon Township | $1,149 (±$144) |
| 14 | Liberty Township (White County) | $1,145 (±$332) |
| 15 | Reynolds | $1,144 (±$161) |
| 16 | Monon | $1,032 (±$197) |
| 17 | Brookston | $959 (±$54) |
| 18 | Jackson Township (White County) | $924 (±$179) |
| 19 | Burnettsville | $871 (±$162) |
Showing 13 of 19 places in White 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 Monon Township
What is the average mortgage payment in Monon Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Monon Township, IN is $1,149 (±$144) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Monon Township?
Owners without a mortgage in Monon Township pay a median of $435 (±$65) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Monon Township gone up?
In Monon Township, the median monthly cost with a mortgage went from $933 in 2015–2019 to $1,149 in 2020–2024 (+23.2%).
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 — Monon township, White County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Monon township, White County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Monon township, White County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Monon township, White County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monon township, White 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 Monon township, White County, Indiana (county subdivision:50166, in state:18 county:181).
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 Monon Township at a glance
- Median rent in Monon Township
- Rent by bedrooms in Monon Township
- Renters and owners in Monon Township
- Income and affordability in Monon Township
- Home values in Monon Township
- Property taxes in Monon Township
- Types of homes in Monon Township
- Bedrooms in Monon Township
- Age of homes in Monon Township
- Heating fuel in Monon Township
- Commute and cars in Monon Township
- Population growth in Monon Township
- How long people stay in Monon Township
- Indiana landlord and tenant rules
- Housing across White County
- Housing data for every place in Indiana