How much do homeowners pay a month in Paoli Township, IN?
Homeowners with a mortgage in Paoli Township, IN pay a median of $1,254 (±$126) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $468 (±$68).
51.9% of owned homes carry a mortgage.
In Paoli Township, the median monthly cost with a mortgage went from $927 in 2015–2019 to $1,254 in 2020–2024 (+35.3%).
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
- $1,254 (±$126)
- Without a mortgage
- $468 (±$68)
- Owned with a mortgage
- 51.9%
Monthly owner costs in Paoli Township
| Paoli Township | Orange County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,254 (±$126) | $1,224 (±$57) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $468 (±$68) | $459 (±$32) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 51.9% (±8.2 points) | 52.7% (±4.2 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $842 (±$255) | $917 (±$113) | $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 Paoli Township, the median cost with a mortgage is not measurably different from Orange County ($1,224).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Orange County, Paoli Township ranks 6 of 13 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 761 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Paoli Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $927 (±$52) | $1,254 (±$126) | +35.3% | No measurable change after inflation |
| Median real estate taxes | $600 (±$84) | $842 (±$255) | +40.3% | No measurable change after inflation |
| Median home value | $84,700 (±$3,886) | $168,300 (±$29,940) | +98.7% | 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 Paoli Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Paoli Township | — | $1,254 (±$126) | — |
| Paoli | 0.7 mi | $981 (±$144) | Lower |
| Orleans Township | 6.7 mi | $1,282 (±$181) | Not measurably different |
| Orleans | 7.4 mi | $880 (±$179) | Lower |
| Orangeville Township | 7.5 mi | $1,860 (±$161) | Higher |
| Northeast Township | 8.0 mi | $1,799 (±$1,780) | Not measurably different |
| Greenfield Township (Orange County) | 8.2 mi | $1,122 (±$201) | Not measurably different |
| French Lick Township | 8.3 mi | $1,136 (±$66) | Not measurably different |
| West Baden Springs | 8.4 mi | $1,179 (±$434) | Not measurably different |
Nearby places with a measurably lower figure: Paoli, IN ($981), Orleans, IN ($880).
Nearby places with a measurably higher figure: Orangeville Township, IN ($1,860).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Orange County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Orangeville Township | $1,860 (±$161) |
| 2 | Northeast Township | $1,799 (±$1,780) |
| 3 | Northwest Township | $1,632 (±$649) |
| 4 | Southeast Township | $1,522 (±$726) |
| 5 | Orleans Township | $1,282 (±$181) |
| 6 | Paoli Township | $1,254 (±$126) |
| 7 | West Baden Springs | $1,179 (±$434) |
| 8 | Jackson Township (Orange County) | $1,163 (±$167) |
| 9 | French Lick Township | $1,136 (±$66) |
| 10 | Greenfield Township (Orange County) | $1,122 (±$201) |
| 11 | French Lick | $1,016 (±$106) |
| 12 | Paoli | $981 (±$144) |
Showing 12 of 13 places in Orange 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 Paoli Township
What is the average mortgage payment in Paoli Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Paoli Township, IN is $1,254 (±$126) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Paoli Township?
Owners without a mortgage in Paoli Township pay a median of $468 (±$68) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Paoli Township gone up?
In Paoli Township, the median monthly cost with a mortgage went from $927 in 2015–2019 to $1,254 in 2020–2024 (+35.3%).
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 — Paoli township, Orange County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Paoli township, Orange County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Paoli township, Orange County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Paoli township, Orange County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Paoli township, Orange 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 Paoli township, Orange County, Indiana (county subdivision:57798, in state:18 county:117).
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 Paoli Township at a glance
- Median rent in Paoli Township
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- Rent burden in Paoli Township
- Renters and owners in Paoli Township
- Income and affordability in Paoli Township
- Home values in Paoli Township
- Property taxes in Paoli Township
- Types of homes in Paoli Township
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- Age of homes in Paoli Township
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- Population growth in Paoli Township
- How long people stay in Paoli Township
- Crowding and facilities in Paoli Township
- Indiana landlord and tenant rules
- Housing across Orange County
- Housing data for every place in Indiana