How much do homeowners pay a month in Edwards Township, MI?
Homeowners with a mortgage in Edwards Township, MI pay a median of $1,299 (±$273) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $453 (±$57).
57.3% of owned homes carry a mortgage.
In Edwards Township, the median monthly cost with a mortgage went from $1,043 in 2015–2019 to $1,299 in 2020–2024 (+24.5%).
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
- $1,299 (±$273)
- Without a mortgage
- $453 (±$57)
- Owned with a mortgage
- 57.3%
Monthly owner costs in Edwards Township
| Edwards Township | Ogemaw County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,299 (±$273) | $1,143 (±$42) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $453 (±$57) | $454 (±$17) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 57.3% (±8.0 points) | 45.4% (±2.1 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,685 (±$134) | $1,464 (±$55) | $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 Edwards Township, the median cost with a mortgage is not measurably different from Ogemaw County ($1,143).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Ogemaw County, Edwards Township ranks 3 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 952 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Edwards Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,043 (±$85) | $1,299 (±$273) | +24.5% | No measurable change after inflation |
| Median real estate taxes | $1,367 (±$103) | $1,685 (±$134) | +23.3% | No measurable change after inflation |
| Median home value | $120,300 (±$8,695) | $188,000 (±$29,495) | +56.3% | 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 Edwards Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Edwards Township | — | $1,299 (±$273) | — |
| Ogemaw Township | 6.0 mi | $1,283 (±$170) | Not measurably different |
| West Branch | 6.0 mi | $1,030 (±$114) | Not measurably different |
| Horton Township | 6.0 mi | $1,250 (±$243) | Not measurably different |
| Clement Township | 6.1 mi | $1,070 (±$144) | Not measurably different |
| Nester Township | 7.4 mi | $1,063 (±$315) | Not measurably different |
| Bourret Township | 7.5 mi | $1,102 (±$84) | Not measurably different |
| Butman Township | 8.8 mi | $1,354 (±$141) | Not measurably different |
| West Branch Township (Ogemaw County) | 9.5 mi | $1,144 (±$101) | 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 Ogemaw County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Klacking Township | $1,438 (±$101) |
| 2 | Hill Township | $1,420 (±$149) |
| 3 | Edwards Township | $1,299 (±$273) |
| 4 | Richland Township (Ogemaw County) | $1,298 (±$88) |
| 5 | Ogemaw Township | $1,283 (±$170) |
| 6 | Horton Township | $1,250 (±$243) |
| 7 | Foster Township | $1,229 (±$104) |
| 8 | Churchill Township | $1,156 (±$88) |
| 9 | West Branch Township (Ogemaw County) | $1,144 (±$101) |
Showing 9 of 16 places in Ogemaw 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.
What you can do on Seayora in Edwards Township
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Questions about Edwards Township
What is the average mortgage payment in Edwards Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Edwards Township, MI is $1,299 (±$273) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Edwards Township?
Owners without a mortgage in Edwards Township pay a median of $453 (±$57) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Edwards Township gone up?
In Edwards Township, the median monthly cost with a mortgage went from $1,043 in 2015–2019 to $1,299 in 2020–2024 (+24.5%).
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 — Edwards township, Ogemaw County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Edwards township, Ogemaw County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Edwards township, Ogemaw County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Edwards township, Ogemaw County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Edwards township, Ogemaw 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 Edwards township, Ogemaw County, Michigan (county subdivision:25020, in state:26 county:129).
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 Edwards Township at a glance
- Income and affordability in Edwards Township
- Home values in Edwards Township
- Property taxes in Edwards Township
- Types of homes in Edwards Township
- Bedrooms in Edwards Township
- Age of homes in Edwards Township
- Heating fuel in Edwards Township
- Commute and cars in Edwards Township
- Population growth in Edwards Township
- How long people stay in Edwards Township
- Michigan landlord and tenant rules
- Housing across Ogemaw County
- Housing data for every place in Michigan