How much do homeowners pay a month in Climax Township, MI?
Homeowners with a mortgage in Climax Township, MI pay a median of $1,482 (±$127) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $560 (±$29).
55.0% of owned homes carry a mortgage.
In Climax Township, the median monthly cost with a mortgage went from $1,232 in 2015–2019 to $1,482 in 2020–2024 (+20.3%).
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
- $1,482 (±$127)
- Without a mortgage
- $560 (±$29)
- Owned with a mortgage
- 55.0%
Monthly owner costs in Climax Township
| Climax Township | Kalamazoo County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,482 (±$127) | $1,616 (±$31) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $560 (±$29) | $664 (±$14) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 55.0% (±6.8 points) | 61.1% (±1.3 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,520 (±$216) | $3,498 (±$66) | $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 Climax Township, the median cost with a mortgage is lower than in Kalamazoo County ($1,616).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Kalamazoo County, Climax Township ranks 14 of 19 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 533 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Climax Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,232 (±$85) | $1,482 (±$127) | +20.3% | No measurable change after inflation |
| Median real estate taxes | $2,292 (±$112) | $2,520 (±$216) | +9.9% | Down after inflation |
| Median home value | $153,400 (±$8,235) | $206,500 (±$13,119) | +34.6% | 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 Climax Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Climax Township | — | $1,482 (±$127) | — |
| Pavilion Township | 6.1 mi | $1,603 (±$360) | Not measurably different |
| Wakeshma Township | 6.2 mi | $1,245 (±$388) | Not measurably different |
| Charleston Township | 6.3 mi | $1,632 (±$214) | Not measurably different |
| Leroy Township (Calhoun County) | 6.4 mi | $1,580 (±$237) | Not measurably different |
| Galesburg | 6.8 mi | $956 (±$87) | Lower |
| Comstock Charter Township | 8.2 mi | $1,558 (±$52) | Not measurably different |
| Athens Township | 8.4 mi | $1,226 (±$171) | Lower |
| Brady Township (Kalamazoo County) | 8.8 mi | $1,594 (±$257) | Not measurably different |
Nearby places with a measurably lower figure: Galesburg, MI ($956), Athens Township, MI ($1,226).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Kalamazoo County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Schoolcraft Township (Kalamazoo County) | $1,658 (±$65) |
| 9 | Charleston Township | $1,632 (±$214) |
| 10 | Pavilion Township | $1,603 (±$360) |
| 11 | Brady Township (Kalamazoo County) | $1,594 (±$257) |
| 12 | Comstock Charter Township | $1,558 (±$52) |
| 13 | Cooper Charter Township | $1,488 (±$120) |
| 14 | Climax Township | $1,482 (±$127) |
| 15 | Parchment | $1,349 (±$236) |
| 16 | Kalamazoo | $1,298 (±$61) |
| 17 | Kalamazoo Charter Township | $1,285 (±$92) |
| 18 | Wakeshma Township | $1,245 (±$388) |
| 19 | Galesburg | $956 (±$87) |
Showing 12 of 19 places in Kalamazoo County, ranked from highest to lowest.
The figures for Climax Township include the places inside it that have pages of their own: Climax.
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 Climax Township
What is the average mortgage payment in Climax Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Climax Township, MI is $1,482 (±$127) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Climax Township?
Owners without a mortgage in Climax Township pay a median of $560 (±$29) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Climax Township gone up?
In Climax Township, the median monthly cost with a mortgage went from $1,232 in 2015–2019 to $1,482 in 2020–2024 (+20.3%).
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 — Climax township, Kalamazoo County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Climax township, Kalamazoo County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Climax township, Kalamazoo County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Climax township, Kalamazoo County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Climax township, Kalamazoo 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 Climax township, Kalamazoo County, Michigan (county subdivision:16460, in state:26 county:077).
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 Climax Township at a glance
- Renters and owners in Climax Township
- Income and affordability in Climax Township
- Home values in Climax Township
- Property taxes in Climax Township
- Types of homes in Climax Township
- Bedrooms in Climax Township
- Age of homes in Climax Township
- Heating fuel in Climax Township
- Commute and cars in Climax Township
- Population growth in Climax Township
- How long people stay in Climax Township
- Michigan landlord and tenant rules
- Housing across Kalamazoo County
- Housing data for every place in Michigan