How much do homeowners pay a month in Shorewood Forest, IN?
Homeowners with a mortgage in Shorewood Forest, IN pay a median of $2,365 (±$370) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $956 (±$240).
70.6% of owned homes carry a mortgage.
In Shorewood Forest, the median monthly cost with a mortgage went from $2,405 in 2015–2019 to $2,365 in 2020–2024 (−1.7%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $2,365 (±$370)
- Without a mortgage
- $956 (±$240)
- Owned with a mortgage
- 70.6%
Monthly owner costs in Shorewood Forest
| Shorewood Forest | Porter County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $2,365 (±$370) | $1,653 (±$29) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $956 (±$240) | $611 (±$17) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 70.6% (±9.1 points) | 67.1% (±1.5 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $3,481 (±$296) | $2,326 (±$51) | $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 Shorewood Forest, the median cost with a mortgage is higher than in Porter County ($1,653).
It is also higher than in Indiana ($1,404).
It is higher than the national figure ($1,963).
In Porter County, Shorewood Forest ranks 3 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 16 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Shorewood Forest have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,405 (±$322) | $2,365 (±$370) | −1.7% | Down after inflation |
| Median real estate taxes | $2,965 (±$264) | $3,481 (±$296) | +17.4% | No measurable change after inflation |
| Median home value | $369,000 (±$25,538) | $479,100 (±$51,661) | +29.8% | 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 Shorewood Forest
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Shorewood Forest | — | $2,365 (±$370) | — |
| Union Township (Porter County) | 1.8 mi | $1,843 (±$224) | Lower |
| Aberdeen | 2.1 mi | $1,759 (±$375) | Lower |
| Salt Creek Commons | 3.5 mi | $1,378 (±$124) | Lower |
| Center Township (Porter County) | 4.0 mi | $1,685 (±$85) | Lower |
| Porter Township | 5.1 mi | $1,768 (±$86) | Lower |
| Valparaiso | 5.2 mi | $1,580 (±$77) | Lower |
| Lakes of the Four Seasons | 5.4 mi | $1,718 (±$69) | Lower |
| South Haven | 5.5 mi | $1,344 (±$58) | Lower |
Nearby places with a measurably lower figure: Union Township (Porter County), IN ($1,843), Aberdeen, IN ($1,759), Salt Creek Commons, IN ($1,378).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Porter County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Beverly Shores | $3,271 (±$1,037) |
| 2 | Dune Acres | $3,071 (±$742) |
| 3 | Shorewood Forest | $2,365 (±$370) |
| 4 | Ogden Dunes | $2,349 (±$287) |
| 5 | Jackson Township (Porter County) | $2,174 (±$185) |
| 6 | Liberty Township (Porter County) | $1,982 (±$134) |
| 7 | Washington Township (Porter County) | $1,868 (±$143) |
| 8 | Union Township (Porter County) | $1,843 (±$224) |
| 9 | Chesterton | $1,791 (±$136) |
Showing 9 of 28 places in Porter County, ranked from highest to lowest.
Shorewood Forest is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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 Shorewood Forest
What is the average mortgage payment in Shorewood Forest?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Shorewood Forest, IN is $2,365 (±$370) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Shorewood Forest?
Owners without a mortgage in Shorewood Forest pay a median of $956 (±$240) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Shorewood Forest gone up?
In Shorewood Forest, the median monthly cost with a mortgage went from $2,405 in 2015–2019 to $2,365 in 2020–2024 (−1.7%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Shorewood Forest CDP, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Shorewood Forest CDP, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Shorewood Forest CDP, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Shorewood Forest CDP, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Shorewood Forest CDP, 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 Shorewood Forest CDP, Indiana (place:69642, 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 Shorewood Forest at a glance
- Income and affordability in Shorewood Forest
- Home values in Shorewood Forest
- Property taxes in Shorewood Forest
- Types of homes in Shorewood Forest
- Heating fuel in Shorewood Forest
- Commute and cars in Shorewood Forest
- Population growth in Shorewood Forest
- Indiana landlord and tenant rules
- Housing across Porter County
- Housing data for every place in Indiana