How much do homeowners pay a month in Branch Township, MI?
Homeowners with a mortgage in Branch Township, MI pay a median of $1,231 (±$263) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $438 (±$26).
53.6% of owned homes carry a mortgage.
In Branch Township, the median monthly cost with a mortgage went from $1,000 in 2015–2019 to $1,231 in 2020–2024 (+23.1%).
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
- $1,231 (±$263)
- Without a mortgage
- $438 (±$26)
- Owned with a mortgage
- 53.6%
Monthly owner costs in Branch Township
| Branch Township | Mason County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,231 (±$263) | $1,380 (±$56) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $438 (±$26) | $547 (±$21) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 53.6% (±7.5 points) | 49.8% (±2.2 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,504 (±$255) | $2,334 (±$79) | $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 Branch Township, the median cost with a mortgage is not measurably different from Mason County ($1,380).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Mason County, Branch Township ranks 14 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1072 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Branch Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,000 (±$82) | $1,231 (±$263) | +23.1% | No measurable change after inflation |
| Median real estate taxes | $1,306 (±$100) | $1,504 (±$255) | +15.2% | No measurable change after inflation |
| Median home value | $108,100 (±$13,011) | $159,500 (±$28,629) | +47.5% | 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 Branch Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Branch Township | — | $1,231 (±$263) | — |
| Sweetwater Township | 5.7 mi | $993 (±$169) | Not measurably different |
| Custer Township (Mason County) | 5.9 mi | $1,313 (±$189) | Not measurably different |
| Custer | 6.0 mi | $990 (±$247) | Not measurably different |
| Logan Township (Mason County) | 6.2 mi | $1,386 (±$247) | Not measurably different |
| Sheridan Township (Mason County) | 7.5 mi | $1,186 (±$80) | Not measurably different |
| Fountain | 8.2 mi | $1,063 (±$154) | Not measurably different |
| Sauble Township | 8.3 mi | $1,134 (±$242) | Not measurably different |
| Lake Township (Lake County) | 8.4 mi | $1,185 (±$57) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Mason County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Logan Township (Mason County) | $1,386 (±$247) |
| 9 | Amber Township | $1,375 (±$109) |
| 10 | Custer Township (Mason County) | $1,313 (±$189) |
| 11 | Sherman Township (Mason County) | $1,269 (±$120) |
| 12 | Ludington | $1,258 (±$114) |
| 13 | Eden Township (Mason County) | $1,233 (±$135) |
| 14 | Branch Township | $1,231 (±$263) |
| 15 | Scottville | $1,215 (±$119) |
| 16 | Sheridan Township (Mason County) | $1,186 (±$80) |
| 17 | Meade Township (Mason County) | $1,000 (±$412) |
Showing 10 of 17 places in Mason 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 Branch Township
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Questions about Branch Township
What is the average mortgage payment in Branch Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Branch Township, MI is $1,231 (±$263) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Branch Township?
Owners without a mortgage in Branch Township pay a median of $438 (±$26) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Branch Township gone up?
In Branch Township, the median monthly cost with a mortgage went from $1,000 in 2015–2019 to $1,231 in 2020–2024 (+23.1%).
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 — Branch township, Mason County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Branch township, Mason County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Branch township, Mason County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Branch township, Mason County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Branch township, Mason 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 Branch township, Mason County, Michigan (county subdivision:10020, in state:26 county:105).
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 Branch Township at a glance
- Income and affordability in Branch Township
- Home values in Branch Township
- Property taxes in Branch Township
- Types of homes in Branch Township
- Bedrooms in Branch Township
- Age of homes in Branch Township
- Heating fuel in Branch Township
- Commute and cars in Branch Township
- Population growth in Branch Township
- How long people stay in Branch Township
- Michigan landlord and tenant rules
- Housing across Mason County
- Housing data for every place in Michigan