How much do homeowners pay a month in the Town of Pines, IN?
Homeowners with a mortgage in the Town of Pines, IN pay a median of $860 (±$52) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $370 (±$82).
46.5% of owned homes carry a mortgage.
In the Town of Pines, the median monthly cost with a mortgage went from $933 in 2015–2019 to $860 in 2020–2024 (−7.8%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $860 (±$52)
- Without a mortgage
- $370 (±$82)
- Owned with a mortgage
- 46.5%
Monthly owner costs in the Town of Pines
| Town of Pines | Porter County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $860 (±$52) | $1,653 (±$29) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $370 (±$82) | $611 (±$17) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 46.5% (±11.4 points) | 67.1% (±1.5 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,131 (±$242) | $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 the Town of Pines, the median cost with a mortgage is lower than in Porter County ($1,653).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Porter County, the Town of Pines ranks 28 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1522 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in the Town of Pines have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $933 (±$55) | $860 (±$52) | −7.8% | Down after inflation |
| Median real estate taxes | $697 (±$76) | $1,131 (±$242) | +62.3% | Up after inflation |
| Median home value | $100,400 (±$12,569) | $159,000 (±$41,030) | +58.4% | 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 the Town of Pines
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Town of Pines | — | $860 (±$52) | — |
| Beverly Shores | 1.4 mi | $3,271 (±$1,037) | Higher |
| Pine Township (Porter County) | 2.5 mi | $1,688 (±$231) | Higher |
| Michigan City | 4.6 mi | $1,126 (±$47) | Higher |
| Pottawattamie Park | 5.0 mi | $1,396 (±$222) | Higher |
| Trail Creek | 5.0 mi | $1,248 (±$109) | Higher |
| Coolspring Township | 5.0 mi | $1,329 (±$76) | Higher |
| Michigan Township (LaPorte County) | 5.4 mi | $1,159 (±$58) | Higher |
| Long Beach | 6.5 mi | $2,740 (±$234) | Higher |
Nearby places with a measurably higher figure: Beverly Shores, IN ($3,271), Pine Township (Porter County), IN ($1,688), Michigan City, IN ($1,126).
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 |
|---|---|---|
| 22 (tie) | Hebron | $1,469 (±$145) |
| 22 (tie) | Boone Township (Porter County) | $1,469 (±$124) |
| 24 | Pleasant Township (Porter County) | $1,465 (±$89) |
| 25 | Kouts | $1,423 (±$97) |
| 26 | Salt Creek Commons | $1,378 (±$124) |
| 27 | South Haven | $1,344 (±$58) |
| 28 | Town of Pines | $860 (±$52) |
Showing 7 of 28 places in Porter 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 Town of Pines
What is the average mortgage payment in the Town of Pines?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Pines, IN is $860 (±$52) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in the Town of Pines?
Owners without a mortgage in the Town of Pines pay a median of $370 (±$82) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in the Town of Pines gone up?
In the Town of Pines, the median monthly cost with a mortgage went from $933 in 2015–2019 to $860 in 2020–2024 (−7.8%).
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 — Town of Pines town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Town of Pines town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Town of Pines town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Town of Pines town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Town of Pines 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 Town of Pines town, Indiana (place:76256, 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 the Town of Pines at a glance
- Renters and owners in the Town of Pines
- Income and affordability in the Town of Pines
- Home values in the Town of Pines
- Property taxes in the Town of Pines
- Types of homes in the Town of Pines
- Bedrooms in the Town of Pines
- Age of homes in the Town of Pines
- Heating fuel in the Town of Pines
- Commute and cars in the Town of Pines
- Indiana landlord and tenant rules
- Housing across Porter County
- Housing data for every place in Indiana