Total monthly cost of ownership
Cost to Own a Home in Dunkirk, Indiana
A $65,000 home here costs
$679per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $334. The real number is $344 higher every month — 103% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dunkirk against Jay County and Indiana
| Measure | Dunkirk | Jay County |
|---|---|---|
| Median home value | $65,000 | $110,100 |
| Median property tax | $376 | $665 |
| Effective tax rate | 0.578% | 0.604% |
| Median gross rent | $807 | $766 |
| Population | 1,760 | 20,281 |
Dunkirk extends across 2 counties. Figures here use Jay County, where most of its housing sits.
The weather behind that power bill
Dunkirk sits in Jay County, which averages a high of 83.7°F in its hottest month and a low of 17.0°F in its coldest, with 39.93" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 771 cooling and 6,091 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Jay County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jay County
Common questions
How much does it cost to own a home in Dunkirk?
A $65,000 home in Dunkirk, Indiana costs approximately $679 per month with 20% down at 6.66%. That is $334 principal and interest, $31 property tax, $28 homeowners insurance, $231 utilities and $54 set aside for maintenance.
What is the property tax rate in Dunkirk?
Dunkirk has an effective property tax rate of 0.578%, based on a median home value of $65,000 and median real estate taxes of $376. That is lower than the Jay County average of 0.604%.
What is the average home price in Dunkirk?
The median owner-occupied home value in Dunkirk, Indiana is $65,000, against $110,100 across Jay County.
Is it cheaper to rent or buy in Dunkirk?
Median gross rent in Dunkirk is $807 a month, against $679 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dunkirk — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.