How much do homeowners pay a month in Elk Township (Sanilac County), MI?
Homeowners with a mortgage in Elk Township (Sanilac County), MI pay a median of $1,116 (±$71) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $441 (±$50).
48.9% of owned homes carry a mortgage.
In Elk Township (Sanilac County), the median monthly cost with a mortgage went from $1,036 in 2015–2019 to $1,116 in 2020–2024 (+7.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,116 (±$71)
- Without a mortgage
- $441 (±$50)
- Owned with a mortgage
- 48.9%
Monthly owner costs in Elk Township (Sanilac County)
| Elk Township (Sanilac County) | Sanilac County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,116 (±$71) | $1,226 (±$29) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $441 (±$50) | $489 (±$13) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 48.9% (±7.5 points) | 49.0% (±2.1 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,193 (±$103) | $1,520 (±$48) | $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 Elk Township (Sanilac County), the median cost with a mortgage is lower than in Sanilac County ($1,226).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Sanilac County, Elk Township (Sanilac County) ranks 26 of 30 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1316 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Elk Township (Sanilac County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,036 (±$76) | $1,116 (±$71) | +7.7% | Down after inflation |
| Median real estate taxes | $1,168 (±$71) | $1,193 (±$103) | +2.1% | Down after inflation |
| Median home value | $91,400 (±$6,035) | $144,100 (±$20,771) | +57.7% | 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 Elk Township (Sanilac County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Elk Township (Sanilac County) | — | $1,116 (±$71) | — |
| Flynn Township | 5.5 mi | $2,040 (±$523) | Higher |
| Speaker Township | 6.1 mi | $1,285 (±$170) | Not measurably different |
| Watertown Township (Sanilac County) | 6.3 mi | $1,309 (±$139) | Higher |
| Buel Township | 6.5 mi | $1,278 (±$153) | Not measurably different |
| Melvin | 6.9 mi | $800 (±$355) | Not measurably different |
| Maple Valley Township (Sanilac County) | 8.1 mi | $1,522 (±$230) | Higher |
| Elmer Township (Sanilac County) | 8.5 mi | $1,216 (±$186) | Not measurably different |
| Fremont Township (Sanilac County) | 8.8 mi | $1,216 (±$77) | Not measurably different |
Nearby places with a measurably higher figure: Flynn Township, MI ($2,040), Watertown Township (Sanilac County), MI ($1,309), Maple Valley Township (Sanilac County), MI ($1,522).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Sanilac County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 20 | Washington Township (Sanilac County) | $1,186 (±$112) |
| 21 | Sandusky | $1,175 (±$53) |
| 22 | Wheatland Township (Sanilac County) | $1,173 (±$196) |
| 23 | Austin Township (Sanilac County) | $1,163 (±$70) |
| 24 | Marlette | $1,130 (±$51) |
| 25 | Bridgehampton Township | $1,128 (±$82) |
| 26 | Elk Township (Sanilac County) | $1,116 (±$71) |
| 27 | Marion Township (Sanilac County) | $1,050 (±$344) |
| 28 | Brown City | $1,015 (±$183) |
| 29 | Custer Township (Sanilac County) | $995 (±$358) |
| 30 | Croswell | $989 (±$69) |
Showing 11 of 30 places in Sanilac County, ranked from highest to lowest.
The figures for Elk Township (Sanilac County) include the places inside it that have pages of their own: Peck.
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 Elk Township (Sanilac County)
What is the average mortgage payment in Elk Township (Sanilac County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Elk Township (Sanilac County), MI is $1,116 (±$71) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Elk Township (Sanilac County)?
Owners without a mortgage in Elk Township (Sanilac County) pay a median of $441 (±$50) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Elk Township (Sanilac County) gone up?
In Elk Township (Sanilac County), the median monthly cost with a mortgage went from $1,036 in 2015–2019 to $1,116 in 2020–2024 (+7.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elk township, Sanilac County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Elk township, Sanilac County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Elk township, Sanilac County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Elk township, Sanilac County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Elk township, Sanilac 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 Elk township, Sanilac County, Michigan (county subdivision:25280, in state:26 county:151).
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 .
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