Total monthly cost of ownership
Cost to Own a Home in Upland, Indiana
A $171,000 home here costs
$1,424per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $879. The real number is $545 higher every month — 62% 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.
Upland against Grant County and Indiana
| Measure | Upland | Grant County |
|---|---|---|
| Median home value | $170,800 | $116,000 |
| Median property tax | $1,181 | $790 |
| Effective tax rate | 0.691% | 0.681% |
| Median gross rent | $800 | $799 |
| Population | 3,935 | 66,377 |
The weather behind that power bill
Upland sits in Grant County, which averages a high of 83.8°F in its hottest month and a low of 17.7°F in its coldest, with 41.76" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 813 cooling and 6,079 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Grant County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grant County
Common questions
How much does it cost to own a home in Upland?
A $171,000 home in Upland, Indiana costs approximately $1,424 per month with 20% down at 6.66%. That is $879 principal and interest, $98 property tax, $73 homeowners insurance, $231 utilities and $143 set aside for maintenance.
What is the property tax rate in Upland?
Upland has an effective property tax rate of 0.691%, based on a median home value of $170,800 and median real estate taxes of $1,181. That is in line with the Grant County average of 0.681%.
What is the average home price in Upland?
The median owner-occupied home value in Upland, Indiana is $170,800, against $116,000 across Grant County.
Is it cheaper to rent or buy in Upland?
Median gross rent in Upland is $800 a month, against $1,424 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 Upland — 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.