How much do homeowners pay a month in Troy Township (Ashland County), OH?
Homeowners with a mortgage in Troy Township (Ashland County), OH pay a median of $1,577 (±$353) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $538 (±$113).
67.3% of owned homes carry a mortgage.
In Troy Township (Ashland County), the median monthly cost with a mortgage went from $918 in 2015–2019 to $1,577 in 2020–2024 (+71.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,577 (±$353)
- Without a mortgage
- $538 (±$113)
- Owned with a mortgage
- 67.3%
Monthly owner costs in Troy Township (Ashland County)
| Troy Township (Ashland County) | Ashland County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $1,577 (±$353) | $1,217 (±$35) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $538 (±$113) | $487 (±$19) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 67.3% (±16.1 points) | 56.7% (±2.7 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,989 (±$317) | $1,858 (±$70) | $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 Troy Township (Ashland County), the median cost with a mortgage is higher than in Ashland County ($1,217).
It is not measurably different from Ohio ($1,517).
It is lower than the national figure ($1,963).
In Ashland County, Troy Township (Ashland County) ranks 3 of 24 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 619 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Troy Township (Ashland County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $918 (±$200) | $1,577 (±$353) | +71.8% | Up after inflation |
| Median real estate taxes | $1,260 (±$259) | $1,989 (±$317) | +57.9% | No measurable change after inflation |
| Median home value | $113,400 (±$27,073) | $194,600 (±$22,157) | +71.6% | 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 Troy Township (Ashland County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Troy Township (Ashland County) | — | $1,577 (±$353) | — |
| Ruggles Township | 4.2 mi | $2,159 (±$1,182) | Not measurably different |
| Sullivan Township | 4.3 mi | $1,245 (±$157) | Not measurably different |
| Rochester Township | 4.5 mi | $1,670 (±$86) | Not measurably different |
| Sullivan | 4.7 mi | $1,317 (±$470) | Not measurably different |
| Savannah | 5.5 mi | $1,094 (±$243) | Lower |
| Huntington Township (Lorain County) | 6.3 mi | $1,980 (±$322) | Not measurably different |
| Bailey Lakes | 6.3 mi | $1,104 (±$231) | Lower |
| New London | 6.3 mi | $1,071 (±$80) | Lower |
Nearby places with a measurably lower figure: Savannah, OH ($1,094), Bailey Lakes, OH ($1,104), New London, OH ($1,071).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Ashland County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Ruggles Township | $2,159 (±$1,182) |
| 2 | Montgomery Township (Ashland County) | $1,821 (±$457) |
| 3 | Troy Township (Ashland County) | $1,577 (±$353) |
| 4 | Hayesville | $1,473 (±$381) |
| 5 | Jackson Township (Ashland County) | $1,441 (±$329) |
| 6 | Milton Township (Ashland County) | $1,409 (±$166) |
| 7 | Perry Township (Ashland County) | $1,350 (±$207) |
| 8 | Mohican Township | $1,344 (±$162) |
| 9 | Sullivan | $1,317 (±$470) |
Showing 9 of 24 places in Ashland 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 Troy Township (Ashland County)
What is the average mortgage payment in Troy Township (Ashland County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Troy Township (Ashland County), OH is $1,577 (±$353) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Troy Township (Ashland County)?
Owners without a mortgage in Troy Township (Ashland County) pay a median of $538 (±$113) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Troy Township (Ashland County) gone up?
In Troy Township (Ashland County), the median monthly cost with a mortgage went from $918 in 2015–2019 to $1,577 in 2020–2024 (+71.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Troy township, Ashland County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Troy township, Ashland County, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Troy township, Ashland County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Troy township, Ashland County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Troy township, Ashland 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 Troy township, Ashland County, Ohio (county subdivision:77532, in state:39 county:005).
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 Troy Township (Ashland County) at a glance
- Income and affordability in Troy Township (Ashland County)
- Home values in Troy Township (Ashland County)
- Property taxes in Troy Township (Ashland County)
- Types of homes in Troy Township (Ashland County)
- Age of homes in Troy Township (Ashland County)
- Commute and cars in Troy Township (Ashland County)
- Population growth in Troy Township (Ashland County)
- Ohio landlord and tenant rules
- Housing across Ashland County
- Housing data for every place in Ohio