Baugo Township Gymnasium · Photo: Jon Roanhaus · CC BY-SA 4.0Measured against area pay, Baugo Township costs less to live in than 60% of U.S. towns
It ranks #444 of 592 in Indiana for affordability. Home prices around Baugo Township have risen about 54% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Elkhart-Goshen, IN metro area ($69K). How TownRatings grades cost of living
The grade compares costs with what households across the Elkhart metro earn ($69K, Census 2020–24). The typical home costs 2.9 years of metro income, and 43% of renters pay 30% or more of income for housing.
In dollars
- $1,100a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 90prices across the Elkhart metro, where the U.S. is 100 (housing 64)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$69K, Elkhart-area income
- 26%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 43%of renters pay 30%+ of income for housing; across Indiana: 48%Census 2020–24
- 15%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Baugo Township
What’s behind Baugo Township’s grade
Measured against what households in the area earn, Baugo Township is more affordable than 60% of U.S. towns, #444 of 592 in Indiana. Rent pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Home prices up 54% in 5 years
The federal house price index for the ZIP codes around Baugo Township rose 54% over the past 5 years, about the same as across Indiana. Last year prices rose 3.1%. Carrying the Census median home value forward with that index puts the typical Baugo Township home at roughly $237,000 today.
Carrying the Census median forward with the index puts a typical home at about $237K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Baugo Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A year’s rent takes 26% of area income
The calculator starts from the area income the grade uses. Switch to Baugo Township’s own median, or type yours.
That covers a typical Baugo Township home, with $38K to spare.
A two-bedroom rents for about $1,100 a month here, $290 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Baugo Township’s typical property tax (0.73% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,100
Renters already here pay a median of $1,476.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Elkhart-Goshen, IN MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Indiana norm
The median bill is $1,472 (Indiana: $1,614), 0.73% of a home’s value a year, against 0.74% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Baugo Township
Only figures published free for the whole country, each labeled with the area it covers: the Elkhart-Goshen, IN metro area, or Indiana. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 90 | IN 93 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 94 | IN 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 86 | IN 86 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | IN 99 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Baugo Township vs. its neighbors
Zillow publishes no value for Baugo Township. Olive Township and Cleveland Township and Penn Township and Concord Township have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Baugo Township | B | — | $201K | 0.73% | $1,100 |
| Cleveland Township | B− | — | $225K | 0.73% | $1,350 |
| Penn Township | B | — | $190K | 0.79% | $1,290 |
| Concord Township | B+ | — | $155K | 0.84% | $1,130 |
| Elkhart | B+ | $230K | $140K | 0.86% | $1,180 |
| Olive Township | B+ | — | $239K | 0.88% | $1,170 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Baugo Township
Is Baugo Township expensive to live in?
Measured against what households in the area earn, Baugo Township costs less than 60% of U.S. towns: a B for cost of living, #444 of 592 in Indiana. The typical home costs 2.9 years of the median household income of the Elkhart-Goshen, IN metro area ($69K).
How much is rent in Baugo Township?
HUD puts a two-bedroom at about $1,100 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,476 (Census 2020–24).
What are property taxes in Baugo Township?
The median bill is $1,472 a year, 0.73% of the median home value (Indiana: $1,614, 0.74%), from the Census 2020–24.
Neighbors talk housing
What Baugo Township buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.