How much do homeowners pay a month in Tipton Township, IN?
Homeowners with a mortgage in Tipton Township, IN pay a median of $1,015 (±$149) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $471 (±$53).
49.0% of owned homes carry a mortgage.
In Tipton Township, the median monthly cost with a mortgage went from $923 in 2015–2019 to $1,015 in 2020–2024 (+10.0%).
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
- $1,015 (±$149)
- Without a mortgage
- $471 (±$53)
- Owned with a mortgage
- 49.0%
Monthly owner costs in Tipton Township
| Tipton Township | Cass County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,015 (±$149) | $1,070 (±$44) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $471 (±$53) | $417 (±$19) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 49.0% (±10.6 points) | 55.5% (±3.1 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $900 (±$185) | $910 (±$64) | $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 Tipton Township, the median cost with a mortgage is not measurably different from Cass County ($1,070).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Cass County, Tipton Township ranks 11 of 19 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1336 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Tipton Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $923 (±$81) | $1,015 (±$149) | +10.0% | No measurable change after inflation |
| Median real estate taxes | $565 (±$126) | $900 (±$185) | +59.3% | No measurable change after inflation |
| Median home value | $96,200 (±$11,677) | $134,300 (±$16,251) | +39.6% | 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 Tipton Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Tipton Township | — | $1,015 (±$149) | — |
| Onward | 2.0 mi | $721 (±$141) | Lower |
| Walton | 2.7 mi | $979 (±$127) | Not measurably different |
| Washington Township (Cass County) | 5.2 mi | $1,575 (±$446) | Higher |
| Miami Township | 5.3 mi | $1,258 (±$315) | Not measurably different |
| Pipe Creek Township (Miami County) | 5.3 mi | $1,142 (±$66) | Not measurably different |
| Grissom AFB | 5.4 mi | $1,005 (±$283) | Not measurably different |
| Jackson Township (Cass County) | 6.6 mi | $1,080 (±$77) | Not measurably different |
| Logansport | 7.2 mi | $989 (±$67) | Not measurably different |
Nearby places with a measurably lower figure: Onward, IN ($721).
Nearby places with a measurably higher figure: Washington Township (Cass County), IN ($1,575).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Cass County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Miami Township | $1,258 (±$315) |
| 6 | Bethlehem Township (Cass County) | $1,250 (±$600) |
| 7 | Jackson Township (Cass County) | $1,080 (±$77) |
| 8 | Boone Township (Cass County) | $1,044 (±$181) |
| 9 | Deer Creek Township (Cass County) | $1,029 (±$105) |
| 10 | Eel Township | $1,025 (±$56) |
| 11 | Tipton Township | $1,015 (±$149) |
| 12 | Galveston | $994 (±$107) |
| 13 | Logansport | $989 (±$67) |
| 14 | Walton | $979 (±$127) |
| 15 | Noble Township (Cass County) | $936 (±$67) |
| 16 | Clinton Township (Cass County) | $925 (±$90) |
| 17 | Harrison Township (Cass County) | $846 (±$32) |
Showing 13 of 19 places in Cass 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 Tipton Township
What is the average mortgage payment in Tipton Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Tipton Township, IN is $1,015 (±$149) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Tipton Township?
Owners without a mortgage in Tipton Township pay a median of $471 (±$53) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Tipton Township gone up?
In Tipton Township, the median monthly cost with a mortgage went from $923 in 2015–2019 to $1,015 in 2020–2024 (+10.0%).
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 — Tipton township, Cass County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Tipton township, Cass County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Tipton township, Cass County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Tipton township, Cass County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Tipton township, Cass 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 Tipton township, Cass County, Indiana (county subdivision:75968, in state:18 county:017).
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 Tipton Township at a glance
- Median rent in Tipton Township
- Rent burden in Tipton Township
- Renters and owners in Tipton Township
- Income and affordability in Tipton Township
- Home values in Tipton Township
- Property taxes in Tipton Township
- Types of homes in Tipton Township
- Bedrooms in Tipton Township
- Age of homes in Tipton Township
- Heating fuel in Tipton Township
- Commute and cars in Tipton Township
- Population growth in Tipton Township
- How long people stay in Tipton Township
- Indiana landlord and tenant rules
- Housing across Cass County
- Housing data for every place in Indiana