Total monthly cost of ownership
Cost to Own a Home in Eaton, Indiana
A $86,000 home here costs
$833per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $442. The real number is $391 higher every month — 89% 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.
Eaton against Delaware County and Indiana
| Measure | Eaton | Delaware County |
|---|---|---|
| Median home value | $85,600 | $127,600 |
| Median property tax | $619 | $997 |
| Effective tax rate | 0.723% | 0.781% |
| Median gross rent | $688 | $874 |
| Population | 1,656 | 112,109 |
The weather behind that power bill
Eaton sits in Delaware County, which averages a high of 85.8°F in its hottest month and a low of 21.3°F in its coldest, with 40.26" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,172 cooling and 5,262 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Delaware County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Delaware County
Full Delaware County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Eaton?
A $86,000 home in Eaton, Indiana costs approximately $833 per month with 20% down at 6.66%. That is $442 principal and interest, $52 property tax, $37 homeowners insurance, $231 utilities and $72 set aside for maintenance.
What is the property tax rate in Eaton?
Eaton has an effective property tax rate of 0.723%, based on a median home value of $85,600 and median real estate taxes of $619. That is lower than the Delaware County average of 0.781%.
What is the average home price in Eaton?
The median owner-occupied home value in Eaton, Indiana is $85,600, against $127,600 across Delaware County.
Is it cheaper to rent or buy in Eaton?
Median gross rent in Eaton is $688 a month, against $833 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Eaton — 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.