How much do homeowners pay a month in Monroe Township (Delaware County), IN?

Homeowners with a mortgage in Monroe Township (Delaware County), IN pay a median of $1,072 (±$164) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $384 (±$93).

58.0% of owned homes carry a mortgage.

In Monroe Township (Delaware County), the median monthly cost with a mortgage went from $1,006 in 2015–2019 to $1,072 in 2020–2024 (+6.6%).

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
$1,072 (±$164)
Without a mortgage
$384 (±$93)
Owned with a mortgage
58.0%

Monthly owner costs in Monroe Township (Delaware County)

Median selected monthly owner costs, estimate (90% margin of error)
Monroe Township (Delaware County)Delaware CountyIndianaUnited States
With a mortgage$1,072 (±$164)$1,111 (±$29)$1,404 (±$5)$1,963
Without a mortgage$384 (±$93)$457 (±$14)$517 (±$3)$638
Owned homes with a mortgage58.0% (±12.1 points)55.4% (±2.0 points)63.6% (±0.3 points)60.6%
Median real estate taxes (a year)$781 (±$147)$1,039 (±$61)$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 Monroe Township (Delaware County), the median cost with a mortgage is not measurably different from Delaware County ($1,111).

It is also lower than in Indiana ($1,404).

It is lower than the national figure ($1,963).

In Delaware County, Monroe Township (Delaware County) ranks 11 of 18 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1229 of 1,564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Monroe Township (Delaware County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,006 (±$116)$1,072 (±$164)+6.6%No measurable change after inflation
Median real estate taxes$936 (±$184)$781 (±$147)−16.6%Down after inflation
Median home value$114,300 (±$18,109)$151,500 (±$21,210)+32.5%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 Monroe Township (Delaware County)

Nearest places with a published estimate, compared with Monroe Township (Delaware County)
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Monroe Township (Delaware County)—$1,072 (±$164)—
Springport4.7 mi$1,000 (±$181)Not measurably different
Center Township (Delaware County)5.3 mi$986 (±$37)Not measurably different
Muncie5.8 mi$991 (±$38)Not measurably different
Salem Township (Delaware County)6.5 mi$1,217 (±$214)Not measurably different
Perry Township (Delaware County)6.6 mi$1,404 (±$263)Higher
Jefferson Township (Henry County)6.9 mi$1,313 (±$169)Higher
Prairie Township (Henry County)7.4 mi$1,064 (±$194)Not measurably different
Mount Summit7.7 mi$959 (±$18)Not measurably different

Nearby places with a measurably higher figure: Perry Township (Delaware County), IN ($1,404), Jefferson Township (Henry County), IN ($1,313).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Delaware County, place by place

RankPlaceMedian monthly cost with a mortgage
5 (tie)Yorktown$1,217 (±$102)
5 (tie)Salem Township (Delaware County)$1,217 (±$214)
7Union Township (Delaware County)$1,122 (±$87)
8Delaware Township (Delaware County)$1,089 (±$85)
9Selma$1,085 (±$164)
10Liberty Township (Delaware County)$1,081 (±$95)
11Monroe Township (Delaware County)$1,072 (±$164)
12Daleville$1,061 (±$99)
13Eaton$1,011 (±$206)
14Muncie$991 (±$38)
15Center Township (Delaware County)$986 (±$37)
16Washington Township (Delaware County)$977 (±$144)
17Albany$969 (±$69)

Showing 13 of 18 places in Delaware 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 Monroe Township (Delaware County)

What is the average mortgage payment in Monroe Township (Delaware County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Monroe Township (Delaware County), IN is $1,072 (±$164) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Monroe Township (Delaware County)?

Owners without a mortgage in Monroe Township (Delaware County) pay a median of $384 (±$93) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Monroe Township (Delaware County) gone up?

In Monroe Township (Delaware County), the median monthly cost with a mortgage went from $1,006 in 2015–2019 to $1,072 in 2020–2024 (+6.6%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Monroe township, Delaware County, Indiana (county subdivision:50292, in state:18 county:035).

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.

Request a Census API 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 .

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