How much do homeowners pay a month in Akron Township, MI?

Homeowners with a mortgage in Akron Township, MI pay a median of $1,156 (±$114) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $502 (±$50).

44.3% of owned homes carry a mortgage.

In Akron Township, the median monthly cost with a mortgage went from $900 in 2015–2019 to $1,156 in 2020–2024 (+28.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

With a mortgage
$1,156 (±$114)
Without a mortgage
$502 (±$50)
Owned with a mortgage
44.3%

Monthly owner costs in Akron Township

Median selected monthly owner costs, estimate (90% margin of error)
Akron TownshipTuscola CountyMichiganUnited States
With a mortgage$1,156 (±$114)$1,231 (±$36)$1,569 (±$5)$1,963
Without a mortgage$502 (±$50)$511 (±$16)$602 (±$3)$638
Owned homes with a mortgage44.3% (±9.2 points)50.2% (±1.9 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$1,550 (±$231)$1,812 (±$46)$2,904 (±$9)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Akron Township, the median cost with a mortgage is not measurably different from Tuscola County ($1,231).

It is also lower than in Michigan ($1,569).

It is lower than the national figure ($1,963).

In Tuscola County, Akron Township ranks 19 of 25 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1245 of 1,516.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Akron Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$900 (±$97)$1,156 (±$114)+28.4%No measurable change after inflation
Median real estate taxes$1,403 (±$91)$1,550 (±$231)+10.5%No measurable change after inflation
Median home value$83,500 (±$14,162)$112,100 (±$13,437)+34.3%No measurable change 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 Akron Township

Nearest places with a published estimate, compared with Akron Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Akron Township—$1,156 (±$114)—
Unionville3.1 mi$1,236 (±$99)Not measurably different
Columbia Township (Tuscola County)5.4 mi$1,323 (±$170)Not measurably different
Wisner Township6.2 mi$1,293 (±$128)Not measurably different
Fairgrove7.5 mi$778 (±$122)Lower
Sebewaing7.8 mi$979 (±$134)Lower
Fairgrove Township7.9 mi$988 (±$115)Lower
Almer Township8.2 mi$1,212 (±$87)Not measurably different
Sebewaing Township8.3 mi$1,047 (±$195)Not measurably different

Nearby places with a measurably lower figure: Fairgrove, MI ($778), Sebewaing, MI ($979), Fairgrove Township, MI ($988).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Tuscola County, place by place

RankPlaceMedian monthly cost with a mortgage
13Wisner Township$1,293 (±$128)
14Denmark Township$1,253 (±$131)
15Elkland Township$1,244 (±$225)
16Almer Township$1,212 (±$87)
17Tuscola Township$1,189 (±$189)
18Vassar$1,184 (±$143)
19Akron Township$1,156 (±$114)
20Millington Township$1,154 (±$98)
21Vassar Township$1,143 (±$242)
22Elmwood Township$1,099 (±$153)
23Fremont Township (Tuscola County)$1,085 (±$103)
24Caro$1,054 (±$124)
25Fairgrove Township$988 (±$115)

Showing 13 of 25 places in Tuscola County, ranked from highest to lowest.

The figures for Akron Township include the places inside it that have pages of their own: Akron.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Akron Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Akron Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Akron Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Akron Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Akron Township

What is the average mortgage payment in Akron Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Akron Township, MI is $1,156 (±$114) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Akron Township?

Owners without a mortgage in Akron Township pay a median of $502 (±$50) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Akron Township gone up?

In Akron Township, the median monthly cost with a mortgage went from $900 in 2015–2019 to $1,156 in 2020–2024 (+28.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Akron township, Tuscola County, Michigan (county subdivision:00720, in state:26 county:157).

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.

Request a Census API 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