How much do homeowners pay a month in Newbury Township, IN?
Homeowners with a mortgage in Newbury Township, IN pay a median of $1,508 (±$146) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $462 (±$60).
67.3% of owned homes carry a mortgage.
In Newbury Township, the median monthly cost with a mortgage went from $1,464 in 2015–2019 to $1,508 in 2020–2024 (+3.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,508 (±$146)
- Without a mortgage
- $462 (±$60)
- Owned with a mortgage
- 67.3%
Monthly owner costs in Newbury Township
| Newbury Township | LaGrange County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,508 (±$146) | $1,419 (±$63) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $462 (±$60) | $451 (±$22) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 67.3% (±6.8 points) | 67.5% (±2.6 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,936 (±$162) | $1,403 (±$88) | $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 Newbury Township, the median cost with a mortgage is not measurably different from LaGrange County ($1,419).
It is not measurably different from Indiana ($1,404).
It is lower than the national figure ($1,963).
In LaGrange County, Newbury Township ranks 4 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 335 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Newbury Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,464 (±$177) | $1,508 (±$146) | +3.0% | Down after inflation |
| Median real estate taxes | $1,860 (±$158) | $1,936 (±$162) | +4.1% | Down after inflation |
| Median home value | $309,900 (±$52,441) | $324,900 (±$29,999) | +4.8% | 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 Newbury Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Newbury Township | — | $1,508 (±$146) | — |
| Shipshewana | 1.9 mi | $1,245 (±$207) | Lower |
| Van Buren Township (LaGrange County) | 5.7 mi | $1,279 (±$522) | Not measurably different |
| Clay Township (LaGrange County) | 5.8 mi | $1,781 (±$361) | Not measurably different |
| Middlebury | 6.0 mi | $1,571 (±$125) | Not measurably different |
| Eden Township | 6.2 mi | $1,679 (±$448) | Not measurably different |
| Middlebury Township | 6.3 mi | $1,672 (±$110) | Not measurably different |
| Clearspring Township | 8.0 mi | $1,695 (±$138) | Not measurably different |
| Topeka | 8.1 mi | $1,288 (±$102) | Lower |
Nearby places with a measurably lower figure: Shipshewana, IN ($1,245), Topeka, IN ($1,288).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across LaGrange County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Clay Township (LaGrange County) | $1,781 (±$361) |
| 2 | Clearspring Township | $1,695 (±$138) |
| 3 | Eden Township | $1,679 (±$448) |
| 4 | Newbury Township | $1,508 (±$146) |
| 5 | Milford Township | $1,439 (±$128) |
| 6 | Greenfield Township (LaGrange County) | $1,347 (±$361) |
| 7 | Topeka | $1,288 (±$102) |
| 8 | Van Buren Township (LaGrange County) | $1,279 (±$522) |
| 9 | Shipshewana | $1,245 (±$207) |
| 10 | Johnson Township (LaGrange County) | $1,232 (±$210) |
Showing 10 of 16 places in LaGrange 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 Newbury Township
What is the average mortgage payment in Newbury Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Newbury Township, IN is $1,508 (±$146) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Newbury Township?
Owners without a mortgage in Newbury Township pay a median of $462 (±$60) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Newbury Township gone up?
In Newbury Township, the median monthly cost with a mortgage went from $1,464 in 2015–2019 to $1,508 in 2020–2024 (+3.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Newbury township, LaGrange County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Newbury township, LaGrange County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Newbury township, LaGrange County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Newbury township, LaGrange County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Newbury township, LaGrange 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 Newbury township, LaGrange County, Indiana (county subdivision:52686, in state:18 county:087).
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 Newbury Township at a glance
- Median rent in Newbury Township
- Rent burden in Newbury Township
- Renters and owners in Newbury Township
- Income and affordability in Newbury Township
- Home values in Newbury Township
- Property taxes in Newbury Township
- Types of homes in Newbury Township
- Bedrooms in Newbury Township
- Age of homes in Newbury Township
- Heating fuel in Newbury Township
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- Population growth in Newbury Township
- How long people stay in Newbury Township
- Indiana landlord and tenant rules
- Housing across LaGrange County
- Housing data for every place in Indiana