How much do homeowners pay a month in Elmira Township, MI?
Homeowners with a mortgage in Elmira Township, MI pay a median of $1,518 (±$106) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $536 (±$28).
62.1% of owned homes carry a mortgage.
In Elmira Township, the median monthly cost with a mortgage went from $1,199 in 2015–2019 to $1,518 in 2020–2024 (+26.6%).
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
- $1,518 (±$106)
- Without a mortgage
- $536 (±$28)
- Owned with a mortgage
- 62.1%
Monthly owner costs in Elmira Township
| Elmira Township | Otsego County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,518 (±$106) | $1,319 (±$54) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $536 (±$28) | $492 (±$24) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 62.1% (±7.0 points) | 62.4% (±2.8 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,962 (±$218) | $1,755 (±$100) | $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 Elmira Township, the median cost with a mortgage is higher than in Otsego County ($1,319).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Otsego County, Elmira Township ranks 2 of 10 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 474 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Elmira Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,199 (±$69) | $1,518 (±$106) | +26.6% | No measurable change after inflation |
| Median real estate taxes | $1,790 (±$116) | $1,962 (±$218) | +9.6% | No measurable change after inflation |
| Median home value | $163,300 (±$8,411) | $250,600 (±$23,419) | +53.5% | 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 Elmira Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Elmira Township | — | $1,518 (±$106) | — |
| Hudson Township (Charlevoix County) | 5.4 mi | $1,491 (±$133) | Not measurably different |
| Livingston Township | 5.9 mi | $1,229 (±$213) | Lower |
| Boyne Valley Township | 6.0 mi | $1,216 (±$92) | Lower |
| Warner Township | 6.6 mi | $1,147 (±$86) | Lower |
| Gaylord | 7.0 mi | $1,218 (±$118) | Lower |
| Vanderbilt | 7.8 mi | $944 (±$61) | Lower |
| Boyne Falls | 8.4 mi | $1,161 (±$92) | Lower |
| Star Township | 9.1 mi | $1,304 (±$165) | Lower |
Nearby places with a measurably lower figure: Livingston Township, MI ($1,229), Boyne Valley Township, MI ($1,216), Warner Township, MI ($1,147).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Otsego County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Dover Township (Otsego County) | $1,625 (±$340) |
| 2 | Elmira Township | $1,518 (±$106) |
| 3 | Hayes Township (Otsego County) | $1,372 (±$134) |
| 4 | Otsego Lake Township | $1,368 (±$108) |
| 5 | Bagley Township | $1,308 (±$213) |
| 6 | Charlton Township | $1,242 (±$153) |
| 7 | Livingston Township | $1,229 (±$213) |
| 8 | Chester Township (Otsego County) | $1,225 (±$92) |
Showing 8 of 10 places in Otsego 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 Elmira Township
What is the average mortgage payment in Elmira Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Elmira Township, MI is $1,518 (±$106) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Elmira Township?
Owners without a mortgage in Elmira Township pay a median of $536 (±$28) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Elmira Township gone up?
In Elmira Township, the median monthly cost with a mortgage went from $1,199 in 2015–2019 to $1,518 in 2020–2024 (+26.6%).
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 — Elmira township, Otsego County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Elmira township, Otsego County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Elmira township, Otsego County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Elmira township, Otsego County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Elmira township, Otsego 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 Elmira township, Otsego County, Michigan (county subdivision:25620, in state:26 county:137).
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 Elmira Township at a glance
- Income and affordability in Elmira Township
- Home values in Elmira Township
- Property taxes in Elmira Township
- Types of homes in Elmira Township
- Bedrooms in Elmira Township
- Age of homes in Elmira Township
- Heating fuel in Elmira Township
- Commute and cars in Elmira Township
- Population growth in Elmira Township
- How long people stay in Elmira Township
- Michigan landlord and tenant rules
- Housing across Otsego County
- Housing data for every place in Michigan