How much do homeowners pay a month in Cleveland Township, MI?
Homeowners with a mortgage in Cleveland Township, MI pay a median of $1,835 (±$150) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $537 (±$46).
49.0% of owned homes carry a mortgage.
In Cleveland Township, the median monthly cost with a mortgage went from $1,261 in 2015–2019 to $1,835 in 2020–2024 (+45.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,835 (±$150)
- Without a mortgage
- $537 (±$46)
- Owned with a mortgage
- 49.0%
Monthly owner costs in Cleveland Township
| Cleveland Township | Leelanau County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,835 (±$150) | $1,865 (±$69) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $537 (±$46) | $638 (±$33) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 49.0% (±7.2 points) | 53.3% (±2.6 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,703 (±$489) | $3,118 (±$179) | $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 Cleveland Township, the median cost with a mortgage is not measurably different from Leelanau County ($1,865).
It is also higher than in Michigan ($1,569).
It is not measurably different from the national figure ($1,963).
In Leelanau County, Cleveland Township ranks 7 of 11 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 163 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Cleveland Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,261 (±$154) | $1,835 (±$150) | +45.5% | Up after inflation |
| Median real estate taxes | $1,985 (±$218) | $2,703 (±$489) | +36.2% | No measurable change after inflation |
| Median home value | $280,200 (±$33,126) | $442,400 (±$73,436) | +57.9% | 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 Cleveland Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Cleveland Township | — | $1,835 (±$150) | — |
| Glen Arbor Township | 6.9 mi | $2,784 (±$195) | Higher |
| Centerville Township | 7.6 mi | $1,996 (±$232) | Not measurably different |
| Kasson Township | 8.6 mi | $1,767 (±$324) | Not measurably different |
| Empire Township | 11 mi | $1,779 (±$160) | Not measurably different |
| Solon Township (Leelanau County) | 11 mi | $1,793 (±$195) | Not measurably different |
| Empire | 12 mi | $1,950 (±$545) | Not measurably different |
| Suttons Bay | 13 mi | $2,229 (±$576) | Not measurably different |
| Bingham Township (Leelanau County) | 13 mi | $1,514 (±$120) | Lower |
Nearby places with a measurably lower figure: Bingham Township (Leelanau County), MI ($1,514).
Nearby places with a measurably higher figure: Glen Arbor Township, MI ($2,784).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Leelanau County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Glen Arbor Township | $2,784 (±$195) |
| 2 | Leland Township | $2,194 (±$378) |
| 3 | Leelanau Township | $2,091 (±$328) |
| 4 | Centerville Township | $1,996 (±$232) |
| 5 | Suttons Bay Township | $1,921 (±$177) |
| 6 | Elmwood Charter Township | $1,875 (±$281) |
| 7 | Cleveland Township | $1,835 (±$150) |
| 8 | Solon Township (Leelanau County) | $1,793 (±$195) |
| 9 | Empire Township | $1,779 (±$160) |
| 10 | Kasson Township | $1,767 (±$324) |
| 11 | Bingham Township (Leelanau County) | $1,514 (±$120) |
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 Cleveland Township
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Questions about Cleveland Township
What is the average mortgage payment in Cleveland Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Cleveland Township, MI is $1,835 (±$150) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Cleveland Township?
Owners without a mortgage in Cleveland Township pay a median of $537 (±$46) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Cleveland Township gone up?
In Cleveland Township, the median monthly cost with a mortgage went from $1,261 in 2015–2019 to $1,835 in 2020–2024 (+45.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Cleveland township, Leelanau County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Cleveland township, Leelanau 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 Cleveland township, Leelanau County, Michigan (county subdivision:16400, in state:26 county:089).
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 Cleveland Township at a glance
- Income and affordability in Cleveland Township
- Home values in Cleveland Township
- Property taxes in Cleveland Township
- Types of homes in Cleveland Township
- Bedrooms in Cleveland Township
- Age of homes in Cleveland Township
- Heating fuel in Cleveland Township
- Commute and cars in Cleveland Township
- Population growth in Cleveland Township
- How long people stay in Cleveland Township
- Michigan landlord and tenant rules
- Housing across Leelanau County
- Housing data for every place in Michigan