How much do homeowners pay a month in Colon Township, MI?
Homeowners with a mortgage in Colon Township, MI pay a median of $1,264 (±$145) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $423 (±$83).
59.1% of owned homes carry a mortgage.
In Colon Township, the median monthly cost with a mortgage went from $1,072 in 2015–2019 to $1,264 in 2020–2024 (+17.9%).
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
- $1,264 (±$145)
- Without a mortgage
- $423 (±$83)
- Owned with a mortgage
- 59.1%
Monthly owner costs in Colon Township
| Colon Township | St. Joseph County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,264 (±$145) | $1,309 (±$34) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $423 (±$83) | $519 (±$20) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 59.1% (±9.0 points) | 56.3% (±1.8 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,652 (±$247) | $1,959 (±$59) | $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 Colon Township, the median cost with a mortgage is not measurably different from St. Joseph County ($1,309).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In St. Joseph County, Colon Township ranks 12 of 18 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1011 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Colon Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,072 (±$83) | $1,264 (±$145) | +17.9% | No measurable change after inflation |
| Median real estate taxes | $1,612 (±$307) | $1,652 (±$247) | +2.5% | No measurable change after inflation |
| Median home value | $123,600 (±$19,661) | $192,400 (±$30,563) | +55.7% | 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 Colon Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Colon Township | — | $1,264 (±$145) | — |
| Leonidas Township | 5.6 mi | $1,500 (±$218) | Not measurably different |
| Nottawa Township (St. Joseph County) | 6.1 mi | $1,162 (±$252) | Not measurably different |
| Matteson Township | 6.4 mi | $1,138 (±$210) | Not measurably different |
| Mendon | 6.7 mi | $1,189 (±$80) | Not measurably different |
| Sherwood | 6.8 mi | $1,134 (±$126) | Not measurably different |
| Burr Oak Township | 7.0 mi | $1,409 (±$201) | Not measurably different |
| Burr Oak | 7.1 mi | $1,180 (±$236) | Not measurably different |
| Mendon Township | 8.0 mi | $1,393 (±$109) | 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 St. Joseph County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 6 | Lockport Township | $1,428 (±$86) |
| 7 | Park Township (St. Joseph County) | $1,426 (±$105) |
| 8 | Burr Oak Township | $1,409 (±$201) |
| 9 | Mendon Township | $1,393 (±$109) |
| 10 | Constantine Township | $1,368 (±$87) |
| 11 | White Pigeon Township | $1,323 (±$124) |
| 12 | Colon Township | $1,264 (±$145) |
| 13 | Fawn River Township | $1,257 (±$162) |
| 14 | Florence Township | $1,207 (±$136) |
| 15 | Sturgis Township | $1,184 (±$182) |
| 16 | Three Rivers | $1,165 (±$91) |
| 17 | Nottawa Township (St. Joseph County) | $1,162 (±$252) |
| 18 | Sturgis | $1,146 (±$39) |
Showing 13 of 18 places in St. Joseph County, ranked from highest to lowest.
The figures for Colon Township include the places inside it that have pages of their own: Colon.
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 Colon Township
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Questions about Colon Township
What is the average mortgage payment in Colon Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Colon Township, MI is $1,264 (±$145) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Colon Township?
Owners without a mortgage in Colon Township pay a median of $423 (±$83) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Colon Township gone up?
In Colon Township, the median monthly cost with a mortgage went from $1,072 in 2015–2019 to $1,264 in 2020–2024 (+17.9%).
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 — Colon township, St. Joseph County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Colon township, St. Joseph County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Colon township, St. Joseph 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 Colon township, St. Joseph County, Michigan (county subdivision:17370, in state:26 county:149).
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 Colon Township at a glance
- Median rent in Colon Township
- Renters and owners in Colon Township
- Income and affordability in Colon Township
- Home values in Colon Township
- Property taxes in Colon Township
- Types of homes in Colon Township
- Bedrooms in Colon Township
- Age of homes in Colon Township
- Heating fuel in Colon Township
- Commute and cars in Colon Township
- Population growth in Colon Township
- How long people stay in Colon Township
- Michigan landlord and tenant rules
- Housing across St. Joseph County
- Housing data for every place in Michigan