How much do homeowners pay a month in Bedford Charter Township, MI?
Homeowners with a mortgage in Bedford Charter Township, MI pay a median of $1,165 (±$62) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $453 (±$40).
63.8% of owned homes carry a mortgage.
In Bedford Charter Township, the median monthly cost with a mortgage went from $1,033 in 2015–2019 to $1,165 in 2020–2024 (+12.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,165 (±$62)
- Without a mortgage
- $453 (±$40)
- Owned with a mortgage
- 63.8%
Monthly owner costs in Bedford Charter Township
| Bedford Charter Township | Calhoun County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,165 (±$62) | $1,271 (±$33) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $453 (±$40) | $545 (±$13) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 63.8% (±6.4 points) | 59.4% (±1.5 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,848 (±$139) | $2,368 (±$57) | $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 Bedford Charter Township, the median cost with a mortgage is lower than in Calhoun County ($1,271).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Calhoun County, Bedford Charter Township ranks 19 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1225 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Bedford Charter Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,033 (±$61) | $1,165 (±$62) | +12.8% | Down after inflation |
| Median real estate taxes | $2,030 (±$145) | $1,848 (±$139) | −9.0% | Down after inflation |
| Median home value | $108,500 (±$7,233) | $142,400 (±$14,767) | +31.2% | 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 Bedford Charter Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Bedford Charter Township | — | $1,165 (±$62) | — |
| Springfield | 4.1 mi | $993 (±$126) | Lower |
| Johnstown Township | 5.8 mi | $1,482 (±$135) | Higher |
| Battle Creek | 5.8 mi | $1,192 (±$35) | Not measurably different |
| Ross Township | 5.9 mi | $2,093 (±$571) | Higher |
| Pennfield Charter Township | 6.4 mi | $1,409 (±$89) | Higher |
| Augusta | 6.6 mi | $1,172 (±$80) | Not measurably different |
| Brownlee Park | 6.6 mi | $887 (±$141) | Lower |
| Charleston Township | 8.2 mi | $1,632 (±$214) | Higher |
Nearby places with a measurably lower figure: Springfield, MI ($993), Brownlee Park, MI ($887).
Nearby places with a measurably higher figure: Johnstown Township, MI ($1,482), Ross Township, MI ($2,093), Pennfield Charter Township, MI ($1,409).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Calhoun County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 13 (tie) | Eckford Township | $1,358 (±$234) |
| 13 (tie) | Tekonsha Township | $1,358 (±$346) |
| 15 | Athens Township | $1,226 (±$171) |
| 16 | Battle Creek | $1,192 (±$35) |
| 17 | Burlington Township (Calhoun County) | $1,190 (±$74) |
| 18 | Homer Township (Calhoun County) | $1,174 (±$53) |
| 19 | Bedford Charter Township | $1,165 (±$62) |
| 20 | Sheridan Township (Calhoun County) | $1,130 (±$97) |
| 21 | Albion Township | $1,102 (±$92) |
| 22 | Albion | $1,090 (±$87) |
| 23 | Springfield | $993 (±$126) |
Showing 11 of 23 places in Calhoun County, ranked from highest to lowest.
The figures for Bedford Charter Township include the places inside it that have pages of their own: Level Park-Oak Park.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Bedford Charter Township
What is the average mortgage payment in Bedford Charter Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Bedford Charter Township, MI is $1,165 (±$62) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Bedford Charter Township?
Owners without a mortgage in Bedford Charter Township pay a median of $453 (±$40) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Bedford Charter Township gone up?
In Bedford Charter Township, the median monthly cost with a mortgage went from $1,033 in 2015–2019 to $1,165 in 2020–2024 (+12.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bedford charter township, Calhoun County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Bedford charter township, Calhoun County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bedford charter township, Calhoun County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bedford charter township, Calhoun County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bedford charter township, Calhoun 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 Bedford charter township, Calhoun County, Michigan (county subdivision:06720, in state:26 county:025).
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
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- Renters and owners in Bedford Charter Township
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- Population growth in Bedford Charter Township
- How long people stay in Bedford Charter Township
- Crowding and facilities in Bedford Charter Township
- Michigan landlord and tenant rules
- Housing across Calhoun County
- Housing data for every place in Michigan