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

Homeowners with a mortgage in Covert Township, MI pay a median of $1,061 (±$128) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $515 (±$88).

46.3% of owned homes carry a mortgage.

In Covert Township, the median monthly cost with a mortgage went from $1,274 in 2015–2019 to $1,061 in 2020–2024 (−16.7%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on .

With a mortgage
$1,061 (±$128)
Without a mortgage
$515 (±$88)
Owned with a mortgage
46.3%

Monthly owner costs in Covert Township

Median selected monthly owner costs, estimate (90% margin of error)
Covert TownshipVan Buren CountyMichiganUnited States
With a mortgage$1,061 (±$128)$1,404 (±$33)$1,569 (±$5)$1,963
Without a mortgage$515 (±$88)$570 (±$15)$602 (±$3)$638
Owned homes with a mortgage46.3% (±9.9 points)58.6% (±1.8 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$1,600 (±$223)$2,536 (±$58)$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 Covert Township, the median cost with a mortgage is lower than in Van Buren County ($1,404).

It is also lower than in Michigan ($1,569).

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

In Van Buren County, Covert Township ranks 21 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1389 of 1,516.

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

How owner costs in Covert Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,274 (±$135)$1,061 (±$128)−16.7%Down after inflation
Median real estate taxes$1,283 (±$182)$1,600 (±$223)+24.7%No measurable change after inflation
Median home value$103,000 (±$22,612)$157,600 (±$40,219)+53.0%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 Covert Township

Nearest places with a published estimate, compared with Covert Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Covert Township—$1,061 (±$128)—
Paw Paw Lake5.0 mi$1,386 (±$106)Higher
Coloma Charter Township5.4 mi$1,320 (±$231)Not measurably different
South Haven Charter Township5.6 mi$1,453 (±$315)Higher
Bangor Township5.6 mi$1,409 (±$145)Higher
Watervliet Township5.9 mi$1,424 (±$261)Higher
Watervliet6.7 mi$1,232 (±$176)Not measurably different
Coloma6.9 mi$1,180 (±$93)Not measurably different
Hartford7.9 mi$1,172 (±$143)Not measurably different

Nearby places with a measurably higher figure: Paw Paw Lake, MI ($1,386), South Haven Charter Township, MI ($1,453), Bangor Township, MI ($1,409).

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

Median monthly cost with a mortgage across Van Buren County, place by place

RankPlaceMedian monthly cost with a mortgage
15Decatur Township$1,239 (±$149)
16Geneva Township (Van Buren County)$1,221 (±$133)
17Arlington Township$1,216 (±$134)
18Hartford Township$1,193 (±$188)
19Bangor$1,178 (±$63)
20Hartford$1,172 (±$143)
21Covert Township$1,061 (±$128)
22Gobles$1,015 (±$198)

Showing 8 of 22 places in Van Buren 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.

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Questions about Covert Township

What is the average mortgage payment in Covert Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Covert Township, MI is $1,061 (±$128) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Covert Township pay a median of $515 (±$88) a month in taxes, insurance, utilities and fees.

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

In Covert Township, the median monthly cost with a mortgage went from $1,274 in 2015–2019 to $1,061 in 2020–2024 (−16.7%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

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 Covert township, Van Buren County, Michigan (county subdivision:18560, in state:26 county:159).

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.

Figures last updated on .

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