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

Homeowners with a mortgage in Monroe Township (Grant County), IN pay a median of $1,195 (±$129) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $556 (±$70).

63.1% of owned homes carry a mortgage.

In Monroe Township (Grant County), the median monthly cost with a mortgage went from $1,229 in 2015–2019 to $1,195 in 2020–2024 (−2.8%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on .

With a mortgage
$1,195 (±$129)
Without a mortgage
$556 (±$70)
Owned with a mortgage
63.1%

Monthly owner costs in Monroe Township (Grant County)

Median selected monthly owner costs, estimate (90% margin of error)
Monroe Township (Grant County)Grant CountyIndianaUnited States
With a mortgage$1,195 (±$129)$1,096 (±$35)$1,404 (±$5)$1,963
Without a mortgage$556 (±$70)$451 (±$17)$517 (±$3)$638
Owned homes with a mortgage63.1% (±11.8 points)57.5% (±2.8 points)63.6% (±0.3 points)60.6%
Median real estate taxes (a year)$1,340 (±$206)$884 (±$50)$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 (Grant County), the median cost with a mortgage is not measurably different from Grant County ($1,096).

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

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

In Grant County, Monroe Township (Grant County) ranks 7 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 885 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 (Grant 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$1,229 (±$221)$1,195 (±$129)−2.8%Down after inflation
Median real estate taxes$791 (±$132)$1,340 (±$206)+69.4%Up after inflation
Median home value$134,900 (±$39,615)$225,100 (±$21,002)+66.9%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 Monroe Township (Grant County)

Nearest places with a published estimate, compared with Monroe Township (Grant County)
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Monroe Township (Grant County)—$1,195 (±$129)—
Upland3.9 mi$1,513 (±$328)Not measurably different
Gas City4.3 mi$1,020 (±$181)Not measurably different
Center Township (Grant County)5.1 mi$1,000 (±$64)Lower
Mill Township5.5 mi$1,017 (±$110)Lower
Jefferson Township (Grant County)6.2 mi$1,323 (±$258)Not measurably different
Jonesboro6.3 mi$805 (±$156)Lower
Van Buren Township (Grant County)6.4 mi$1,000 (±$223)Not measurably different
Van Buren6.9 mi$913 (±$194)Lower

Nearby places with a measurably lower figure: Center Township (Grant County), IN ($1,000), Mill Township, IN ($1,017), Jonesboro, IN ($805).

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

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

RankPlaceMedian monthly cost with a mortgage
1Upland$1,513 (±$328)
2Richland Township (Grant County)$1,468 (±$229)
3Jefferson Township (Grant County)$1,323 (±$258)
4Fairmount Township$1,251 (±$95)
5Fairmount$1,240 (±$142)
6Sims Township$1,215 (±$134)
7Monroe Township (Grant County)$1,195 (±$129)
8Liberty Township (Grant County)$1,186 (±$325)
9Sweetser$1,144 (±$106)
10Washington Township (Grant County)$1,137 (±$237)
11Pleasant Township (Grant County)$1,110 (±$75)
12Green Township (Grant County)$1,102 (±$408)
13Swayzee$1,082 (±$70)

Showing 13 of 23 places in Grant 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 (Grant County)

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

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Monroe Township (Grant County), IN is $1,195 (±$129) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Monroe Township (Grant County) pay a median of $556 (±$70) a month in taxes, insurance, utilities and fees.

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

In Monroe Township (Grant County), the median monthly cost with a mortgage went from $1,229 in 2015–2019 to $1,195 in 2020–2024 (−2.8%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

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, Grant County, Indiana (county subdivision:50310, in state:18 county:053).

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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