How much do homeowners pay a month in Rocky Ripple, IN?
Homeowners with a mortgage in Rocky Ripple, IN pay a median of $1,356 (±$163) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $393 (±$100).
59.6% of owned homes carry a mortgage.
In Rocky Ripple, the median monthly cost with a mortgage went from $1,070 in 2015–2019 to $1,356 in 2020–2024 (+26.7%).
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
- $1,356 (±$163)
- Without a mortgage
- $393 (±$100)
- Owned with a mortgage
- 59.6%
Monthly owner costs in Rocky Ripple
| Rocky Ripple | Marion County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,356 (±$163) | $1,453 (±$14) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $393 (±$100) | $550 (±$7) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 59.6% (±10.9 points) | 68.0% (±0.8 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,625 (±$210) | $2,028 (±$35) | $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 Rocky Ripple, the median cost with a mortgage is not measurably different from Marion County ($1,453).
It is not measurably different from Indiana ($1,404).
It is lower than the national figure ($1,963).
In Marion County, Rocky Ripple ranks 19 of 25 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 565 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Rocky Ripple have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,070 (±$97) | $1,356 (±$163) | +26.7% | No measurable change after inflation |
| Median real estate taxes | $1,336 (±$156) | $1,625 (±$210) | +21.6% | No measurable change after inflation |
| Median home value | $135,800 (±$14,113) | $194,800 (±$27,998) | +43.4% | 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 Rocky Ripple
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Rocky Ripple | — | $1,356 (±$163) | — |
| Crows Nest | 0.6 mi | $4,000 or more | — |
| North Crows Nest | 1.3 mi | $4,000 or more | — |
| Spring Hill | 1.4 mi | $2,313 (±$464) | Higher |
| Wynnedale | 1.8 mi | $1,875 (±$1,021) | Not measurably different |
| Washington Township (Marion County) | 2.5 mi | $1,814 (±$45) | Higher |
| Meridian Hills | 2.8 mi | $3,000 (±$356) | Higher |
| Williams Creek | 3.8 mi | $4,000 or more | — |
| Indianapolis | 5.2 mi | $1,462 (±$14) | Not measurably different |
Nearby places with a measurably higher figure: Spring Hill, IN ($2,313), Washington Township (Marion County), IN ($1,814), Meridian Hills, IN ($3,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Marion County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 13 | Warren Park | $1,449 (±$186) |
| 14 | Speedway | $1,422 (±$76) |
| 15 | Homecroft | $1,398 (±$86) |
| 16 | Perry Township (Marion County) | $1,395 (±$40) |
| 17 | Cumberland | $1,392 (±$272) |
| 18 | Decatur Township | $1,373 (±$65) |
| 19 (tie) | Rocky Ripple | $1,356 (±$163) |
| 19 (tie) | Center Township (Marion County) | $1,356 (±$50) |
| 21 | Southport | $1,349 (±$61) |
| 22 | Clermont | $1,318 (±$146) |
| 23 | Warren Township (Marion County) | $1,302 (±$34) |
| 24 | Wayne Township (Marion County) | $1,292 (±$38) |
| 25 | Beech Grove | $1,192 (±$66) |
Showing 13 of 25 places in Marion 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.
What you can do on Seayora in Rocky Ripple
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Rocky Ripple beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Rocky Ripple, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Rocky Ripple, and send estimates and invoices from your phone.
Questions about Rocky Ripple
What is the average mortgage payment in Rocky Ripple?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Rocky Ripple, IN is $1,356 (±$163) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Rocky Ripple?
Owners without a mortgage in Rocky Ripple pay a median of $393 (±$100) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Rocky Ripple gone up?
In Rocky Ripple, the median monthly cost with a mortgage went from $1,070 in 2015–2019 to $1,356 in 2020–2024 (+26.7%).
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 — Rocky Ripple town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Rocky Ripple town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Rocky Ripple town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Rocky Ripple town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Rocky Ripple town, 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 Rocky Ripple town, Indiana (place:65556, in state:18).
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 Rocky Ripple at a glance
- Renters and owners in Rocky Ripple
- Income and affordability in Rocky Ripple
- Home values in Rocky Ripple
- Property taxes in Rocky Ripple
- Types of homes in Rocky Ripple
- Bedrooms in Rocky Ripple
- Age of homes in Rocky Ripple
- Heating fuel in Rocky Ripple
- Commute and cars in Rocky Ripple
- Indiana landlord and tenant rules
- Housing across Marion County
- Housing data for every place in Indiana