Housing data for Montgomery Township (Owen County), IN

Montgomery Township (Owen County), IN has an estimated 873 residents and 489 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Owen County.

14.5% of households rent.

Figures last updated on .

Residents
873 (±252)
Housing units
489 (±136)
Households that rent
14.5%
Residents since 2015–2019
−16.9%

What stands out in Montgomery Township (Owen County)

Homes built before 1980: 19.4% (±13.2 points) in Montgomery Township (Owen County), lower than in Owen County (47.5%).

Average commute: 24.5 minutes (±3.4) in Montgomery Township (Owen County), lower than in Owen County (35.5 minutes).

Housing in Montgomery Township (Owen County) at a glance

  • Rent burden: 50.0% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 14.5% of households rent (Small sample: wide margin of error)
  • Income and affordability: $59,637 median household income
  • Home values: $152,800 median home value (Small sample: wide margin of error)
  • Homeowner costs: $1,173 median monthly cost with a mortgage
  • Property taxes: $773 median real estate taxes a year (Small sample: wide margin of error)
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 67.9% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 19.4% of homes were built before 1980 (Small sample: wide margin of error)
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 42.9% heat with propane
  • Commute and cars: 24.5 minutes average trip to work
  • Growth: −16.9% residents since 2015–2019 (Small sample: wide margin of error)
  • How long people stay: 7.3% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)

Montgomery Township (Owen County) against Owen County, its state and the nation

Estimate (90% margin of error)
Montgomery Township (Owen County)Owen CountyIndianaUnited States
Residents873 (±252)21,604 (exact)6,851,073 (exact)334,922,499
Housing units489 (±136)9,918 (±27)2,976,568 (±617)143,775,355
Households that rent14.5% (±11.8 points)18.6% (±2.5 points)29.4% (±0.3 points)34.8%
Median gross rent—$911 (±$62)$1,062 (±$5)$1,413
Median household income$59,637 (±$6,890)$62,464 (±$5,041)$71,957 (±$352)$80,734
Median home value$152,800 (±$124,075)$172,400 (±$11,458)$218,200 (±$739)$332,700
Median real estate taxes (a year)$773 (±$750)$1,145 (±$81)$1,614 (±$9)$3,119
Built before 198019.4% (±13.2 points)47.5% (±4.8 points)55.0% (±0.3 points)49.7%
Average commute24.5 minutes (±3.4)35.5 minutes (±2.6)24.1 minutes (±0.1)26.4 minutes
Households with broadband61.3% (±17.8 points)81.2% (±2.4 points)89.9% (±0.2 points)91.0%
Median age of residents60.2 years (±10.6)45.0 years (±0.3)38.1 years (±0.2)38.9 years

Montgomery Township (Owen County) covers 23.5 square miles of land, about 37 residents per square mile (Census Bureau Gazetteer).

How Montgomery Township (Owen County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents1,051 (±321)873 (±252)−16.9%Not a measurable change
Housing units626 (±137)489 (±136)−21.9%Not a measurable change
Median home value$113,300 (±$32,913)$152,800 (±$124,075)+34.9%No measurable change after inflation
Median household income$40,205 (±$11,134)$59,637 (±$6,890)+48.3%No measurable change after inflation
Median owner cost with a mortgage$1,022 (±$216)$1,173 (±$461)+14.8%No measurable change after inflation
Median real estate taxes$711 (±$243)$773 (±$750)+8.7%No measurable change after inflation
Households that rent29.2% (±15.5 points)14.5% (±11.8 points)−14.7 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±18.5 points)0.0% (±41.1 points)0.0 percentage pointsNot a measurable change

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.

ZIP codes in Montgomery Township (Owen County)

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4746013%11,006$853$193,000$68,447

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Montgomery Township (Owen County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Washington Township (Owen County)4.6 mi$862$191,20023.8%
Jennings Township (Owen County)5.2 mi—$190,50017.3%
Wayne Township (Owen County)5.3 mi$1,026$132,00032.3%
Taylor Township (Owen County)5.6 mi—$190,5002.0%
Spencer5.6 mi$798$162,90032.9%
Gosport5.8 mi$898$108,30043.4%
Morgan Township (Owen County)6.2 mi—$169,6006.4%
Jackson Township (Owen County)7.3 mi$954$141,70031.0%

HUD Fair Market Rent for Montgomery Township (Owen County), fiscal year 2027

Owen County, IN HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$818$914$1,014$1,244$1,606

HUD income limits for Montgomery Township (Owen County), fiscal year 2026

Owen County, IN HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,850$29,700$47,500
2 people$21,640$33,950$54,300
3 people$27,320$38,200$61,100
4 people$33,000$42,400$67,850
5 people$38,680$45,800$73,300
6 people$44,360$49,200$78,750
7 people$50,040$52,600$84,150
8 people$55,720$56,000$89,600

These are the limits HUD sets for its housing programs in the Owen County, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $84,000.

A program can use its own limits; tax-credit and local programs often do.

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 Montgomery Township (Owen County)

What is the median household income in Montgomery Township (Owen County)?

The median household income in Montgomery Township (Owen County) is $59,637 (±$6,890) a year (2020–2024 American Community Survey).

What is the average mortgage payment in Montgomery Township (Owen County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Montgomery Township (Owen County), IN is $1,173 (±$461) a month, including taxes, insurance and utilities.

How many homes are in Montgomery Township (Owen County)?

Montgomery Township (Owen County), IN has an estimated 489 (±136) housing units, occupied and vacant (2020–2024 American Community Survey).

What is the most common way to heat a home in Montgomery Township (Owen County)?

Bottled or tank gas (propane) is the most common heating fuel in Montgomery Township (Owen County), used by 42.9% of occupied homes (2020–2024 American Community Survey).

How long is the average commute in Montgomery Township (Owen County)?

Workers who live in Montgomery Township (Owen County), IN take an average of 24.5 minutes each way (2020–2024 American Community Survey).

Is Montgomery Township (Owen County) growing?

In Montgomery Township (Owen County), the number of residents went from 1,051 in 2015–2019 to 873 in 2020–2024 (−16.9%), not a measurable change.

What ZIP codes are in Montgomery Township (Owen County)?

The ZIP code that covers Montgomery Township (Owen County) is 47460.

What is the median rent in ZIP code 47460?

The median gross rent in ZIP Code Tabulation Area 47460 is $853 (±$108) a month (2020–2024 American Community Survey).

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) for Montgomery township, Owen County, Indiana (county subdivision:50742, 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 B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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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