How much do homeowners pay a month in Salem Township (Monroe County), OH?

Homeowners with a mortgage in Salem Township (Monroe County), OH pay a median of $1,504 (±$530) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $395 (±$155).

41.0% of owned homes carry a mortgage.

In Salem Township (Monroe County), the median monthly cost with a mortgage went from $868 in 2015–2019 to $1,504 in 2020–2024 (+73.3%).

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
$1,504 (±$530)
Without a mortgage
$395 (±$155)
Owned with a mortgage
41.0%

Monthly owner costs in Salem Township (Monroe County)

Median selected monthly owner costs, estimate (90% margin of error)
Salem Township (Monroe County)Monroe CountyOhioUnited States
With a mortgage$1,504 (±$530)$1,115 (±$66)$1,517 (±$5)$1,963
Without a mortgage$395 (±$155)$450 (±$28)$588 (±$2)$638
Owned homes with a mortgage41.0% (±12.5 points)34.5% (±4.1 points)60.6% (±0.2 points)60.6%
Median real estate taxes (a year)$830 (±$134)$1,176 (±$95)$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 Salem Township (Monroe County), the median cost with a mortgage is not measurably different from Monroe County ($1,115).

It is not measurably different from Ohio ($1,517).

It is not measurably different from the national figure ($1,963).

In Monroe County, Salem Township (Monroe County) ranks 3 of 21 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 747 of 2,330.

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

How owner costs in Salem Township (Monroe County) 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$868 (±$88)$1,504 (±$530)+73.3%No measurable change after inflation
Median real estate taxes$906 (±$141)$830 (±$134)−8.4%Down after inflation
Median home value$97,300 (±$10,300)$135,800 (±$48,382)+39.6%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 Salem Township (Monroe County)

Nearest places with a published estimate, compared with Salem Township (Monroe County)
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Salem Township (Monroe County)—$1,504 (±$530)—
Clarington1.9 mi$1,070 (±$117)Not measurably different
Switzerland Township3.6 mi$1,904 (±$594)Not measurably different
Ohio Township (Monroe County)5.2 mi$1,058 (±$168)Not measurably different
Adams Township (Monroe County)5.3 mi$1,818 (±$1,061)Not measurably different
Green Township (Monroe County)6.7 mi$1,047 (±$336)Not measurably different
Powhatan Point8.1 mi$1,040 (±$112)Not measurably different
Sunsbury Township8.1 mi$794 (±$382)Lower
New Martinsville8.5 mi$1,118 (±$56)Not measurably different

Nearby places with a measurably lower figure: Sunsbury Township, OH ($794).

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

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

RankPlaceMedian monthly cost with a mortgage
1Switzerland Township$1,904 (±$594)
2Adams Township (Monroe County)$1,818 (±$1,061)
3Salem Township (Monroe County)$1,504 (±$530)
4Washington Township (Monroe County)$1,408 (±$348)
5Franklin Township (Monroe County)$1,347 (±$92)
6Malaga Township$1,232 (±$788)
7Lee Township (Monroe County)$1,203 (±$225)
8Perry Township (Monroe County)$1,198 (±$244)
9Summit Township$1,175 (±$1,049)

Showing 9 of 21 places in Monroe 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 Salem Township (Monroe County)

What is the average mortgage payment in Salem Township (Monroe County)?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Salem Township (Monroe County), OH is $1,504 (±$530) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Salem Township (Monroe County)?

Owners without a mortgage in Salem Township (Monroe County) pay a median of $395 (±$155) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Salem Township (Monroe County) gone up?

In Salem Township (Monroe County), the median monthly cost with a mortgage went from $868 in 2015–2019 to $1,504 in 2020–2024 (+73.3%).

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 Salem township, Monroe County, Ohio (county subdivision:69918, in state:39 county:111).

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 .

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