How much do homeowners pay a month in Prospect Township, OH?

Homeowners with a mortgage in Prospect Township, OH pay a median of $1,326 (±$104) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $608 (±$130).

71.3% of owned homes carry a mortgage.

In Prospect Township, the median monthly cost with a mortgage went from $1,192 in 2015–2019 to $1,326 in 2020–2024 (+11.2%).

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
$1,326 (±$104)
Without a mortgage
$608 (±$130)
Owned with a mortgage
71.3%

Monthly owner costs in Prospect Township

Median selected monthly owner costs, estimate (90% margin of error)
Prospect TownshipMarion CountyOhioUnited States
With a mortgage$1,326 (±$104)$1,259 (±$56)$1,517 (±$5)$1,963
Without a mortgage$608 (±$130)$500 (±$24)$588 (±$2)$638
Owned homes with a mortgage71.3% (±10.1 points)58.7% (±2.7 points)60.6% (±0.2 points)60.6%
Median real estate taxes (a year)$2,197 (±$300)$1,489 (±$61)$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 Prospect Township, the median cost with a mortgage is not measurably different from Marion County ($1,259).

It is also lower than in Ohio ($1,517).

It is lower than the national figure ($1,963).

In Marion County, Prospect Township ranks 10 of 21 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1212 of 2,330.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Prospect Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,192 (±$105)$1,326 (±$104)+11.2%No measurable change after inflation
Median real estate taxes$1,783 (±$249)$2,197 (±$300)+23.2%No measurable change after inflation
Median home value$140,700 (±$21,176)$167,400 (±$22,477)+19.0%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 Prospect Township

Nearest places with a published estimate, compared with Prospect Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Prospect Township—$1,326 (±$104)—
Prospect1.2 mi$1,186 (±$63)Lower
Green Camp4.4 mi$1,183 (±$245)Not measurably different
Pleasant Township (Marion County)4.9 mi$1,625 (±$96)Higher
Waldo5.3 mi$1,577 (±$90)Higher
Thompson Township (Delaware County)5.5 mi$1,913 (±$180)Higher
Waldo Township5.9 mi$1,671 (±$164)Higher
Green Camp Township6.2 mi$1,291 (±$138)Not measurably different
Richwood6.5 mi$1,390 (±$110)Not measurably different

Nearby places with a measurably lower figure: Prospect, OH ($1,186).

Nearby places with a measurably higher figure: Pleasant Township (Marion County), OH ($1,625), Waldo, OH ($1,577), Thompson Township (Delaware County), OH ($1,913).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Marion County, place by place

RankPlaceMedian monthly cost with a mortgage
4Bowling Green Township (Marion County)$1,632 (±$267)
5Pleasant Township (Marion County)$1,625 (±$96)
6Tully Township (Marion County)$1,604 (±$734)
7Salt Rock Township$1,580 (±$207)
8Waldo$1,577 (±$90)
9Grand Prairie Township$1,515 (±$169)
10Prospect Township$1,326 (±$104)
11Green Camp Township$1,291 (±$138)
12Montgomery Township (Marion County)$1,240 (±$182)
13Morral$1,226 (±$241)
14La Rue$1,207 (±$124)
15Prospect$1,186 (±$63)
16Green Camp$1,183 (±$245)

Showing 13 of 21 places in Marion 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.

What you can do on Seayora in Prospect Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Prospect Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Prospect Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Prospect Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Prospect Township

What is the average mortgage payment in Prospect Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Prospect Township, OH is $1,326 (±$104) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Prospect Township?

Owners without a mortgage in Prospect Township pay a median of $608 (±$130) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Prospect Township gone up?

In Prospect Township, the median monthly cost with a mortgage went from $1,192 in 2015–2019 to $1,326 in 2020–2024 (+11.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Prospect township, Marion County, Ohio (county subdivision:64794, in state:39 county:101).

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.

Request a Census API 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