How much do homeowners pay a month in Monterey Township, OH?
Homeowners with a mortgage in Monterey Township, OH pay a median of $1,823 (±$115) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $603 (±$53).
54.1% of owned homes carry a mortgage.
In Monterey Township, the median monthly cost with a mortgage went from $1,358 in 2015–2019 to $1,823 in 2020–2024 (+34.2%).
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
- $1,823 (±$115)
- Without a mortgage
- $603 (±$53)
- Owned with a mortgage
- 54.1%
Monthly owner costs in Monterey Township
| Monterey Township | Putnam County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $1,823 (±$115) | $1,391 (±$42) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $603 (±$53) | $544 (±$15) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 54.1% (±7.7 points) | 56.1% (±2.1 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,425 (±$220) | $1,943 (±$65) | $2,822 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Monterey Township, the median cost with a mortgage is higher than in Putnam County ($1,391).
It is also higher than in Ohio ($1,517).
It is lower than the national figure ($1,963).
In Putnam County, Monterey Township ranks 1 of 29 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 308 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Monterey Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,358 (±$127) | $1,823 (±$115) | +34.2% | No measurable change after inflation |
| Median real estate taxes | $1,920 (±$167) | $2,425 (±$220) | +26.3% | No measurable change after inflation |
| Median home value | $178,000 (±$10,101) | $266,300 (±$24,660) | +49.6% | 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 Monterey Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Monterey Township | — | $1,823 (±$115) | — |
| Ottoville | 1.5 mi | $1,772 (±$403) | Not measurably different |
| Jackson Township (Van Wert County) | 3.8 mi | $1,088 (±$742) | Not measurably different |
| Fort Jennings | 4.3 mi | $1,263 (±$220) | Lower |
| Jackson Township (Putnam County) | 4.8 mi | $1,568 (±$268) | Not measurably different |
| Cloverdale | 5.9 mi | $900 (±$376) | Lower |
| Jennings Township (Putnam County) | 5.9 mi | $1,618 (±$110) | Lower |
| Washington Township (Paulding County) | 6.1 mi | $1,418 (±$191) | Lower |
| Washington Township (Van Wert County) | 6.2 mi | $1,077 (±$108) | Lower |
Nearby places with a measurably lower figure: Fort Jennings, OH ($1,263), Cloverdale, OH ($900), Jennings Township (Putnam County), OH ($1,618).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Putnam County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Monterey Township | $1,823 (±$115) |
| 2 | Ottoville | $1,772 (±$403) |
| 3 | Jennings Township (Putnam County) | $1,618 (±$110) |
| 4 | Jackson Township (Putnam County) | $1,568 (±$268) |
| 5 | Greensburg Township | $1,524 (±$251) |
| 6 | Liberty Township (Putnam County) | $1,489 (±$156) |
| 7 | Glandorf | $1,446 (±$111) |
Showing 7 of 29 places in Putnam 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 Monterey Township
What is the average mortgage payment in Monterey Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Monterey Township, OH is $1,823 (±$115) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Monterey Township?
Owners without a mortgage in Monterey Township pay a median of $603 (±$53) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Monterey Township gone up?
In Monterey Township, the median monthly cost with a mortgage went from $1,358 in 2015–2019 to $1,823 in 2020–2024 (+34.2%).
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 — Monterey township, Putnam County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Monterey township, Putnam County, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Monterey township, Putnam County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Monterey township, Putnam County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Monterey township, Putnam County, Ohio
- 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 Monterey township, Putnam County, Ohio (county subdivision:51660, in state:39 county:137).
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 Monterey Township at a glance
- Renters and owners in Monterey Township
- Income and affordability in Monterey Township
- Home values in Monterey Township
- Property taxes in Monterey Township
- Types of homes in Monterey Township
- Bedrooms in Monterey Township
- Age of homes in Monterey Township
- Heating fuel in Monterey Township
- Commute and cars in Monterey Township
- Population growth in Monterey Township
- How long people stay in Monterey Township
- Ohio landlord and tenant rules
- Housing across Putnam County
- Housing data for every place in Ohio