Housing data for Polk Township (Marshall County), IN

Polk Township (Marshall County), IN has an estimated 2,476 residents and 1,239 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Marshall County.

10.3% of households rent.

The median gross rent is $909 a month.

Its population shrank measurably since 2015–2019 (−11.2%).

Figures last updated on .

Residents
2,476 (±273)
Housing units
1,239 (±144)
Households that rent
10.3%
Median gross rent
$909
Residents since 2015–2019
−11.2%

What stands out in Polk Township (Marshall County)

Households that rent: 10.3% (±7.2 points) in Polk Township (Marshall County), lower than in Marshall County (23.6%).

Homes in buildings of 5 or more units: 0.0% (±5.2 points) in Polk Township (Marshall County), lower than in Marshall County (5.6%).

Median home value: $231,300 (±$24,419) in Polk Township (Marshall County), higher than in Marshall County ($204,900).

Average commute: 25.8 minutes (±1.9) in Polk Township (Marshall County), higher than in Marshall County (22.3 minutes).

Housing in Polk Township (Marshall County) at a glance

  • Median rent: $909 median gross rent a month
  • Rent burden: 46.3% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 10.3% of households rent (Small sample: wide margin of error)
  • Income and affordability: $75,827 median household income
  • Home values: $231,300 median home value
  • Homeowner costs: $1,484 median monthly cost with a mortgage
  • Property taxes: $1,190 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 68.3% of homes have 3 or more bedrooms
  • Age of homes: 56.9% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 44.4% heat with utility gas
  • Commute and cars: 25.8 minutes average trip to work
  • Growth: −11.2% residents since 2015–2019
  • How long people stay: 14.2% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 1.7% of homes have more than 1 person per room (Small sample: wide margin of error)

Polk Township (Marshall County) against Marshall County, its state and the nation

Estimate (90% margin of error)
Polk Township (Marshall County)Marshall CountyIndianaUnited States
Residents2,476 (±273)46,284 (exact)6,851,073 (exact)334,922,499
Housing units1,239 (±144)20,111 (±38)2,976,568 (±617)143,775,355
Households that rent10.3% (±7.2 points)23.6% (±2.4 points)29.4% (±0.3 points)34.8%
Median gross rent$909 (±$231)$938 (±$32)$1,062 (±$5)$1,413
Median household income$75,827 (±$16,955)$71,808 (±$3,823)$71,957 (±$352)$80,734
Median home value$231,300 (±$24,419)$204,900 (±$7,570)$218,200 (±$739)$332,700
Median real estate taxes (a year)$1,190 (±$228)$1,362 (±$55)$1,614 (±$9)$3,119
Built before 198056.9% (±13.6 points)59.2% (±3.4 points)55.0% (±0.3 points)49.7%
Average commute25.8 minutes (±1.9)22.3 minutes (±1.0)24.1 minutes (±0.1)26.4 minutes
Households with broadband82.4% (±9.3 points)84.3% (±1.6 points)89.9% (±0.2 points)91.0%
Median age of residents50.1 years (±4.5)39.8 years (±0.4)38.1 years (±0.2)38.9 years

Polk Township (Marshall County) covers 42.1 square miles of land, about 59 residents per square mile (Census Bureau Gazetteer).

How Polk Township (Marshall County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,789 (±22)2,476 (±273)−11.2%Measurable decrease
Housing units1,167 (±78)1,239 (±144)+6.2%Not a measurable change
Median gross rent$720 (±$295)$909 (±$231)+26.3%No measurable change after inflation
Median home value$139,200 (±$20,521)$231,300 (±$24,419)+66.2%Up after inflation
Median household income$59,455 (±$4,874)$75,827 (±$16,955)+27.5%No measurable change after inflation
Median owner cost with a mortgage$1,263 (±$141)$1,484 (±$179)+17.5%No measurable change after inflation
Median real estate taxes$1,077 (±$222)$1,190 (±$228)+10.5%No measurable change after inflation
Households that rent14.5% (±5.2 points)10.3% (±7.2 points)−4.2 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±18.8 points)0.0% (±28.6 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 Polk Township (Marshall 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
46572100%115—$156,800$125,250
4657425%7,426$791$188,100$76,181
4656311%23,615$955$200,600$73,293

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 Polk Township (Marshall County)

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Koontz Lake3.7 mi$663$143,20011.6%
Walkerton4.5 mi$828$149,20030.8%
Lincoln Township (St. Joseph County)5.4 mi$821$145,80024.5%
La Paz5.6 mi$698$135,30013.7%
North Township (Marshall County)6.2 mi$868$167,20017.9%
Oregon Township (Starke County)6.4 mi$646$140,2006.8%
Liberty Township (St. Joseph County)6.6 mi$960$222,50011.9%
West Township7.0 mi$1,369$256,00013.7%

Places in Indiana most like Polk Township (Marshall County)

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Lagro Township$878$226,000$82,3948.9%
Monroe Township (Grant County)$861$225,100$70,1759.3%
Delaware Township (Ripley County)$948$224,600$75,0699.1%
Washington Township (Tippecanoe County)$861$275,800$70,5367.6%
Orange Township (Noble County)$894$224,400$66,01015.9%
Harrison Township (Morgan County)$1,051$266,700$74,7359.0%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.

HUD Fair Market Rent for Polk Township (Marshall County), fiscal year 2027

Marshall County, IN, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$814$877$1,088$1,296$1,430

HUD income limits for Polk Township (Marshall County), fiscal year 2026

Marshall County, IN, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$19,600$32,700$52,300
2 people$22,400$37,350$59,750
3 people$27,320$42,000$67,200
4 people$33,000$46,650$74,650
5 people$38,680$50,400$80,650
6 people$44,360$54,150$86,600
7 people$50,040$57,850$92,600
8 people$55,720$61,600$98,550

These are the limits HUD sets for its housing programs in the Marshall County, IN, where HUD’s median family income for fiscal year 2026 is $93,300.

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 Polk Township (Marshall County)

What is the average rent in Polk Township (Marshall County), IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Polk Township (Marshall County) is $909 (±$231) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

What is the median household income in Polk Township (Marshall County)?

The median household income in Polk Township (Marshall County) is $75,827 (±$16,955) a year (2020–2024 American Community Survey).

What is the average home value in Polk Township (Marshall County), IN?

The Census Bureau publishes the median: $231,300 (±$24,419) for owner-occupied homes in Polk Township (Marshall County) (2020–2024 American Community Survey).

What is the average mortgage payment in Polk Township (Marshall County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Polk Township (Marshall County), IN is $1,484 (±$179) a month, including taxes, insurance and utilities.

How much are property taxes in Polk Township (Marshall County)?

The median real estate tax paid by homeowners in Polk Township (Marshall County), IN is $1,190 (±$228) a year (2020–2024 American Community Survey).

How many homes are in Polk Township (Marshall County)?

Polk Township (Marshall County), IN has an estimated 1,239 (±144) housing units, occupied and vacant (2020–2024 American Community Survey).

Is Polk Township (Marshall County) growing?

In Polk Township (Marshall County), the number of residents went from 2,789 in 2015–2019 to 2,476 in 2020–2024 (−11.2%), a measurable decrease.

What ZIP codes are in Polk Township (Marshall County)?

The ZIP codes that cover Polk Township (Marshall County) are 46572, 46574, 46563.

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 Polk township, Marshall County, Indiana (county subdivision:60966, in state:18 county:099).

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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