How much do homeowners pay a month in Sparta Township (Dearborn County), IN?
Homeowners with a mortgage in Sparta Township (Dearborn County), IN pay a median of $1,459 (±$227) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $800 (±$368).
64.8% of owned homes carry a mortgage.
In Sparta Township (Dearborn County), the median monthly cost with a mortgage went from $1,286 in 2015–2019 to $1,459 in 2020–2024 (+13.5%).
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
- $1,459 (±$227)
- Without a mortgage
- $800 (±$368)
- Owned with a mortgage
- 64.8%
Monthly owner costs in Sparta Township (Dearborn County)
| Sparta Township (Dearborn County) | Dearborn County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,459 (±$227) | $1,518 (±$55) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $800 (±$368) | $522 (±$28) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 64.8% (±12.7 points) | 65.2% (±2.6 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,899 (±$277) | $1,789 (±$59) | $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 Sparta Township (Dearborn County), the median cost with a mortgage is not measurably different from Dearborn County ($1,518).
It is not measurably different from Indiana ($1,404).
It is lower than the national figure ($1,963).
In Dearborn County, Sparta Township (Dearborn County) ranks 11 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 392 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Sparta Township (Dearborn County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,286 (±$151) | $1,459 (±$227) | +13.5% | No measurable change after inflation |
| Median real estate taxes | $1,083 (±$280) | $1,899 (±$277) | +75.3% | Up after inflation |
| Median home value | $130,000 (±$30,168) | $243,900 (±$63,040) | +87.6% | 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 Sparta Township (Dearborn County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Sparta Township (Dearborn County) | — | $1,459 (±$227) | — |
| Moores Hill | 2.9 mi | $1,084 (±$117) | Lower |
| Dillsboro | 4.3 mi | $1,157 (±$86) | Lower |
| Milan | 4.6 mi | $1,188 (±$150) | Not measurably different |
| Clay Township (Dearborn County) | 4.7 mi | $1,171 (±$68) | Lower |
| Hogan Township | 4.9 mi | $1,336 (±$615) | Not measurably different |
| Washington Township (Ripley County) | 5.2 mi | $1,154 (±$149) | Lower |
| Manchester Township | 5.3 mi | $1,648 (±$258) | Not measurably different |
| Washington Township (Dearborn County) | 6.6 mi | $1,381 (±$125) | Not measurably different |
Nearby places with a measurably lower figure: Moores Hill, IN ($1,084), Dillsboro, IN ($1,157), Clay Township (Dearborn County), IN ($1,171).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Dearborn County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Harrison Township (Dearborn County) | $1,668 (±$150) |
| 6 | Kelso Township | $1,664 (±$192) |
| 7 | Caesar Creek Township | $1,656 (±$1,258) |
| 8 | Manchester Township | $1,648 (±$258) |
| 9 | Bright | $1,625 (±$113) |
| 10 | Jackson Township (Dearborn County) | $1,516 (±$197) |
| 11 | Sparta Township (Dearborn County) | $1,459 (±$227) |
| 12 | Greendale | $1,397 (±$116) |
| 13 | Washington Township (Dearborn County) | $1,381 (±$125) |
| 14 | Lawrenceburg Township | $1,380 (±$80) |
| 15 | York Township (Dearborn County) | $1,360 (±$154) |
| 16 | Hogan Township | $1,336 (±$615) |
| 17 | Center Township (Dearborn County) | $1,219 (±$127) |
Showing 13 of 23 places in Dearborn 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 Sparta Township (Dearborn County)
What is the average mortgage payment in Sparta Township (Dearborn County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Sparta Township (Dearborn County), IN is $1,459 (±$227) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Sparta Township (Dearborn County)?
Owners without a mortgage in Sparta Township (Dearborn County) pay a median of $800 (±$368) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Sparta Township (Dearborn County) gone up?
In Sparta Township (Dearborn County), the median monthly cost with a mortgage went from $1,286 in 2015–2019 to $1,459 in 2020–2024 (+13.5%).
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 — Sparta township, Dearborn County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Sparta township, Dearborn County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Sparta township, Dearborn County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Sparta township, Dearborn County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Sparta township, Dearborn 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 Sparta township, Dearborn County, Indiana (county subdivision:71738, in state:18 county:029).
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 Sparta Township (Dearborn County) at a glance
- Income and affordability in Sparta Township (Dearborn County)
- Home values in Sparta Township (Dearborn County)
- Property taxes in Sparta Township (Dearborn County)
- Types of homes in Sparta Township (Dearborn County)
- Age of homes in Sparta Township (Dearborn County)
- Heating fuel in Sparta Township (Dearborn County)
- Commute and cars in Sparta Township (Dearborn County)
- Population growth in Sparta Township (Dearborn County)
- Fair Market Rent in Sparta Township (Dearborn County)
- Indiana landlord and tenant rules
- Housing across Dearborn County
- Housing data for every place in Indiana