How much do homeowners pay a month in Wayne Township (Henry County), IN?
Homeowners with a mortgage in Wayne Township (Henry County), IN pay a median of $1,271 (±$121) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $579 (±$47).
68.6% of owned homes carry a mortgage.
In Wayne Township (Henry County), the median monthly cost with a mortgage went from $985 in 2015–2019 to $1,271 in 2020–2024 (+29.0%).
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
- $1,271 (±$121)
- Without a mortgage
- $579 (±$47)
- Owned with a mortgage
- 68.6%
Monthly owner costs in Wayne Township (Henry County)
| Wayne Township (Henry County) | Henry County | Indiana | United States | |
|---|---|---|---|---|
| With a mortgage | $1,271 (±$121) | $1,136 (±$42) | $1,404 (±$5) | $1,963 |
| Without a mortgage | $579 (±$47) | $496 (±$23) | $517 (±$3) | $638 |
| Owned homes with a mortgage | 68.6% (±6.7 points) | 58.7% (±2.4 points) | 63.6% (±0.3 points) | 60.6% |
| Median real estate taxes (a year) | $1,210 (±$160) | $1,124 (±$55) | $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 Wayne Township (Henry County), the median cost with a mortgage is higher than in Henry County ($1,136).
It is also lower than in Indiana ($1,404).
It is lower than the national figure ($1,963).
In Henry County, Wayne Township (Henry County) ranks 6 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 728 of 1,564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Wayne Township (Henry County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $985 (±$90) | $1,271 (±$121) | +29.0% | No measurable change after inflation |
| Median real estate taxes | $1,030 (±$170) | $1,210 (±$160) | +17.5% | No measurable change after inflation |
| Median home value | $110,000 (±$9,815) | $176,600 (±$20,732) | +60.5% | 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 Wayne Township (Henry County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Wayne Township (Henry County) | — | $1,271 (±$121) | — |
| Knightstown | 2.2 mi | $1,088 (±$97) | Lower |
| Spiceland Township | 4.6 mi | $1,352 (±$171) | Not measurably different |
| Shirley | 4.8 mi | $1,114 (±$50) | Lower |
| Wilkinson | 5.3 mi | $1,159 (±$150) | Not measurably different |
| Greensboro Township | 5.5 mi | $1,245 (±$386) | Not measurably different |
| Greensboro | 5.6 mi | $1,076 (±$285) | Not measurably different |
| Jackson Township (Hancock County) | 5.6 mi | $1,117 (±$49) | Lower |
| Kennard | 5.7 mi | $960 (±$271) | Lower |
Nearby places with a measurably lower figure: Knightstown, IN ($1,088), Shirley, IN ($1,114), Jackson Township (Hancock County), IN ($1,117).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Henry County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Franklin Township (Henry County) | $1,427 (±$81) |
| 2 | Spiceland Township | $1,352 (±$171) |
| 3 | Jefferson Township (Henry County) | $1,313 (±$169) |
| 4 | Blountsville | $1,308 (±$439) |
| 5 | Stoney Creek Township (Henry County) | $1,299 (±$229) |
| 6 | Wayne Township (Henry County) | $1,271 (±$121) |
| 7 | Greensboro Township | $1,245 (±$386) |
| 8 | Liberty Township (Henry County) | $1,232 (±$133) |
| 9 | Harrison Township (Henry County) | $1,199 (±$309) |
| 10 | Fall Creek Township (Henry County) | $1,152 (±$167) |
| 11 | Blue River Township (Henry County) | $1,111 (±$45) |
| 12 | Spiceland | $1,106 (±$163) |
Showing 12 of 28 places in Henry 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 Wayne Township (Henry County)
What is the average mortgage payment in Wayne Township (Henry County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Wayne Township (Henry County), IN is $1,271 (±$121) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Wayne Township (Henry County)?
Owners without a mortgage in Wayne Township (Henry County) pay a median of $579 (±$47) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Wayne Township (Henry County) gone up?
In Wayne Township (Henry County), the median monthly cost with a mortgage went from $985 in 2015–2019 to $1,271 in 2020–2024 (+29.0%).
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 — Wayne township, Henry County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Wayne township, Henry County, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Wayne township, Henry County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Wayne township, Henry County, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wayne township, Henry 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 Wayne township, Henry County, Indiana (county subdivision:81728, in state:18 county:065).
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 .
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- Crowding and facilities in Wayne Township (Henry County)
- Indiana landlord and tenant rules
- Housing across Henry County
- Housing data for every place in Indiana