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

Name: Homeowner costs in Central Lake Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Central Lake Township, MI pay a median of $1,475 (±$221) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $489 (±$51).

52.2% of owned homes carry a mortgage.

In Central Lake Township, the median monthly cost with a mortgage went from $1,031 in 2015–2019 to $1,475 in 2020–2024 (+43.1%).

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 November 12, 2026.

With a mortgage: $1,475 (±$221)
Without a mortgage: $489 (±$51)
Owned with a mortgage: 52.2%

Monthly owner costs in Central Lake Township

Median selected monthly owner costs, estimate (90% margin of error)
	Central Lake Township	Antrim County	Michigan	United States
With a mortgage	$1,475 (±$221)	$1,462 (±$42)	$1,569 (±$5)	$1,963
Without a mortgage	$489 (±$51)	$546 (±$19)	$602 (±$3)	$638
Owned homes with a mortgage	52.2% (±7.7 points)	52.7% (±2.7 points)	57.8% (±0.2 points)	60.6%
Median real estate taxes (a year)	$1,812 (±$248)	$2,157 (±$124)	$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 Central Lake Township, the median cost with a mortgage is not measurably different from Antrim County ($1,462).

It is not measurably different from Michigan ($1,569).

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

In Antrim County, Central Lake Township ranks 7 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 548 of 1,516.

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

How owner costs in Central Lake Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$1,031 (±$76)	$1,475 (±$221)	+43.1%	No measurable change after inflation
Median real estate taxes	$1,369 (±$94)	$1,812 (±$248)	+32.4%	No measurable change after inflation
Median home value	$140,700 (±$25,222)	$228,200 (±$34,047)	+62.2%	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 Central Lake Township

Nearest places with a published estimate, compared with Central Lake Township
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Central Lake Township	—	$1,475 (±$221)	—
Torch Lake Township (Antrim County)	4.1 mi	$1,742 (±$211)	Not measurably different
Echo Township	6.1 mi	$1,375 (±$132)	Not measurably different
Banks Township	6.3 mi	$1,544 (±$121)	Not measurably different
Ellsworth	6.4 mi	$1,099 (±$68)	Lower
Forest Home Township	6.6 mi	$1,447 (±$156)	Not measurably different
South Arm Township	8.1 mi	$1,495 (±$179)	Not measurably different
Bellaire	8.3 mi	$1,346 (±$199)	Not measurably different
East Jordan	8.9 mi	$1,094 (±$150)	Lower

Nearby places with a measurably lower figure: Ellsworth, MI ($1,099), East Jordan, MI ($1,094).

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

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

Rank	Place	Median monthly cost with a mortgage
1	Milton Township (Antrim County)	$1,875 (±$291)
2	Helena Township	$1,754 (±$169)
3	Torch Lake Township (Antrim County)	$1,742 (±$211)
4	Elk Rapids Township	$1,603 (±$185)
5	Banks Township	$1,544 (±$121)
6	Custer Township (Antrim County)	$1,492 (±$159)
7	Central Lake Township	$1,475 (±$221)
8	Forest Home Township	$1,447 (±$156)
9	Kearney Township	$1,424 (±$165)
10	Echo Township	$1,375 (±$132)
11	Chestonia Township	$1,350 (±$355)
12	Star Township	$1,304 (±$165)
13	Mancelona Township	$1,295 (±$139)

Showing 13 of 15 places in Antrim County, ranked from highest to lowest.

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

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 Central Lake 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 Central Lake Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Central Lake 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 Central Lake Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Central Lake Township

What is the average mortgage payment in Central Lake Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Central Lake Township, MI is $1,475 (±$221) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Central Lake Township pay a median of $489 (±$51) a month in taxes, insurance, utilities and fees.

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

In Central Lake Township, the median monthly cost with a mortgage went from $1,031 in 2015–2019 to $1,475 in 2020–2024 (+43.1%).

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 Central Lake township, Antrim County, Michigan (county subdivision:14420, in state:26 county:009).

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.