How much do homeowners pay a month in Arcada Township, MI?
Homeowners with a mortgage in Arcada Township, MI pay a median of $1,513 (±$132) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $581 (±$46).
47.4% of owned homes carry a mortgage.
In Arcada Township, the median monthly cost with a mortgage went from $1,224 in 2015–2019 to $1,513 in 2020–2024 (+23.6%).
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
- $1,513 (±$132)
- Without a mortgage
- $581 (±$46)
- Owned with a mortgage
- 47.4%
Monthly owner costs in Arcada Township
| Arcada Township | Gratiot County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,513 (±$132) | $1,248 (±$38) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $581 (±$46) | $534 (±$16) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 47.4% (±6.4 points) | 53.8% (±2.2 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,568 (±$281) | $1,826 (±$70) | $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 Arcada Township, the median cost with a mortgage is higher than in Gratiot County ($1,248).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Gratiot County, Arcada Township ranks 2 of 19 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 481 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Arcada Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,224 (±$177) | $1,513 (±$132) | +23.6% | No measurable change after inflation |
| Median real estate taxes | $1,824 (±$185) | $2,568 (±$281) | +40.8% | No measurable change after inflation |
| Median home value | $138,400 (±$26,623) | $218,900 (±$18,842) | +58.2% | Up 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 Arcada Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Arcada Township | — | $1,513 (±$132) | — |
| Alma | 3.5 mi | $1,168 (±$71) | Lower |
| Ithaca | 4.9 mi | $1,227 (±$139) | Lower |
| Sumner Township | 5.5 mi | $1,127 (±$61) | Lower |
| Newark Township | 6.1 mi | $1,500 (±$275) | Not measurably different |
| St. Louis | 6.2 mi | $1,123 (±$132) | Lower |
| Pine River Township | 6.8 mi | $1,350 (±$59) | Lower |
| Emerson Township | 7.0 mi | $1,246 (±$185) | Lower |
| New Haven Township (Gratiot County) | 7.7 mi | $1,309 (±$278) | Not measurably different |
Nearby places with a measurably lower figure: Alma, MI ($1,168), Ithaca, MI ($1,227), Sumner Township, MI ($1,127).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Gratiot County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Hamilton Township (Gratiot County) | $1,648 (±$315) |
| 2 | Arcada Township | $1,513 (±$132) |
| 3 | Newark Township | $1,500 (±$275) |
| 4 | Fulton Township | $1,453 (±$100) |
| 5 | Washington Township (Gratiot County) | $1,410 (±$105) |
| 6 | Bethany Township | $1,375 (±$77) |
| 7 | North Shade Township | $1,362 (±$104) |
| 8 | Pine River Township | $1,350 (±$59) |
Showing 8 of 19 places in Gratiot County, ranked from highest to lowest.
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 Arcada 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 Arcada Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Arcada 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 Arcada Township, and send estimates and invoices from your phone.
Questions about Arcada Township
What is the average mortgage payment in Arcada Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Arcada Township, MI is $1,513 (±$132) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Arcada Township?
Owners without a mortgage in Arcada Township pay a median of $581 (±$46) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Arcada Township gone up?
In Arcada Township, the median monthly cost with a mortgage went from $1,224 in 2015–2019 to $1,513 in 2020–2024 (+23.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Arcada township, Gratiot County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Arcada township, Gratiot County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Arcada township, Gratiot County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Arcada township, Gratiot County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Arcada township, Gratiot County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Arcada township, Gratiot County, Michigan (county subdivision:03260, in state:26 county:057).
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.
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
- Housing in Arcada Township at a glance
- Income and affordability in Arcada Township
- Home values in Arcada Township
- Property taxes in Arcada Township
- Types of homes in Arcada Township
- Bedrooms in Arcada Township
- Age of homes in Arcada Township
- Heating fuel in Arcada Township
- Commute and cars in Arcada Township
- Population growth in Arcada Township
- How long people stay in Arcada Township
- Michigan landlord and tenant rules
- Housing across Gratiot County
- Housing data for every place in Michigan