How much do homeowners pay a month in Wabash Township (Jay County), IN?
Homeowners with a mortgage in Wabash Township (Jay County), IN pay a median of $1,180 (±$203) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $322 (±$10).
23.7% of owned homes carry a mortgage.
In Wabash Township (Jay County), the median monthly cost with a mortgage went from $1,528 in 2015–2019 to $1,180 in 2020–2024 (−22.8%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,180 (±$203)
- Without a mortgage
- $322 (±$10)
- Owned with a mortgage
- 23.7%
Monthly owner costs in Wabash Township (Jay County)
| Wabash Township (Jay County) | Jay County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,180 (±$203) | $1,047 (±$44) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $322 (±$10) | $414 (±$29) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 23.7% (±21.3 points) | 59.8% (±3.5 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $200 or less | $707 (±$57) | $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 Wabash Township (Jay County), the median cost with a mortgage is not measurably different from Jay County ($1,047).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Jay County, Wabash Township (Jay County) ranks 5 of 18 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 927 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Wabash Township (Jay County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,528 (±$161) | $1,180 (±$203) | −22.8% | Down 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 Wabash Township (Jay County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Wabash Township (Jay County) | — | $1,180 (±$203) | — |
| Bearcreek Township | 4.6 mi | $1,173 (±$177) | Not measurably different |
| Washington Township (Mercer County) | 5.3 mi | $1,375 (±$397) | Not measurably different |
| Jefferson Township (Adams County) | 6.1 mi | $983 (±$590) | Not measurably different |
| Bryant | 6.3 mi | $669 (±$157) | Lower |
| Noble Township (Jay County) | 6.5 mi | $1,406 (±$218) | Not measurably different |
| Liberty Township (Mercer County) | 6.6 mi | $1,361 (±$217) | Not measurably different |
| Wabash Township (Adams County) | 7.0 mi | $1,023 (±$136) | Not measurably different |
| Geneva | 7.3 mi | $827 (±$126) | Lower |
Nearby places with a measurably lower figure: Bryant, IN ($669), Geneva, IN ($827).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Jay County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Jackson Township (Jay County) | $1,542 (±$912) |
| 2 | Knox Township | $1,480 (±$438) |
| 3 | Noble Township (Jay County) | $1,406 (±$218) |
| 4 | Pike Township (Jay County) | $1,240 (±$513) |
| 5 | Wabash Township (Jay County) | $1,180 (±$203) |
| 6 | Bearcreek Township | $1,173 (±$177) |
| 7 | Penn Township (Jay County) | $1,149 (±$159) |
| 8 | Jefferson Township (Jay County) | $1,138 (±$116) |
| 9 | Salamonia | $1,102 (±$161) |
| 10 | Greene Township (Jay County) | $1,067 (±$268) |
| 11 | Wayne Township (Jay County) | $992 (±$76) |
Showing 11 of 18 places in Jay 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 Wabash Township (Jay County)
What is the average mortgage payment in Wabash Township (Jay County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Wabash Township (Jay County), IN is $1,180 (±$203) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Wabash Township (Jay County)?
Owners without a mortgage in Wabash Township (Jay County) pay a median of $322 (±$10) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Wabash Township (Jay County) gone up?
In Wabash Township (Jay County), the median monthly cost with a mortgage went from $1,528 in 2015–2019 to $1,180 in 2020–2024 (−22.8%).
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 — Wabash township, Jay County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Wabash township, Jay County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Wabash township, Jay County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Wabash township, Jay County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wabash township, Jay 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 Wabash township, Jay County, Indiana (county subdivision:79316, in state:18 county:075).
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 .