How much do homeowners pay a month in Forest Township (Missaukee County), MI?
Homeowners with a mortgage in Forest Township (Missaukee County), MI pay a median of $1,159 (±$53) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $512 (±$72).
47.4% of owned homes carry a mortgage.
In Forest Township (Missaukee County), the median monthly cost with a mortgage went from $914 in 2015–2019 to $1,159 in 2020–2024 (+26.8%).
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
- $1,159 (±$53)
- Without a mortgage
- $512 (±$72)
- Owned with a mortgage
- 47.4%
Monthly owner costs in Forest Township (Missaukee County)
| Forest Township (Missaukee County) | Missaukee County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,159 (±$53) | $1,286 (±$51) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $512 (±$72) | $490 (±$24) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 47.4% (±8.8 points) | 49.6% (±2.9 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,509 (±$260) | $1,675 (±$91) | $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 Forest Township (Missaukee County), the median cost with a mortgage is lower than in Missaukee County ($1,286).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Missaukee County, Forest Township (Missaukee County) ranks 14 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1239 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Forest Township (Missaukee County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $914 (±$120) | $1,159 (±$53) | +26.8% | No measurable change after inflation |
| Median real estate taxes | $1,060 (±$127) | $1,509 (±$260) | +42.4% | No measurable change after inflation |
| Median home value | $86,900 (±$14,579) | $164,200 (±$12,273) | +89.0% | 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 Forest Township (Missaukee County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Forest Township (Missaukee County) | — | $1,159 (±$53) | — |
| Lake City | 4.2 mi | $1,257 (±$218) | Not measurably different |
| Pioneer Township | 5.9 mi | $1,178 (±$89) | Not measurably different |
| Caldwell Township | 5.9 mi | $1,203 (±$142) | Not measurably different |
| Reeder Township | 6.0 mi | $1,421 (±$172) | Higher |
| West Branch Township (Missaukee County) | 6.1 mi | $1,068 (±$109) | Not measurably different |
| Aetna Township (Missaukee County) | 7.7 mi | $1,368 (±$76) | Higher |
| Lake Township (Missaukee County) | 8.3 mi | $1,412 (±$118) | Higher |
| Bloomfield Township (Missaukee County) | 8.5 mi | $1,221 (±$102) | Not measurably different |
Nearby places with a measurably higher figure: Reeder Township, MI ($1,421), Aetna Township (Missaukee County), MI ($1,368), Lake Township (Missaukee County), MI ($1,412).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Missaukee County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Lake City | $1,257 (±$218) |
| 9 | Bloomfield Township (Missaukee County) | $1,221 (±$102) |
| 10 | Caldwell Township | $1,203 (±$142) |
| 11 | Riverside Township | $1,186 (±$119) |
| 12 | Pioneer Township | $1,178 (±$89) |
| 13 (tie) | McBain | $1,159 (±$117) |
| 13 (tie) | Forest Township (Missaukee County) | $1,159 (±$53) |
| 15 | Norwich Township (Missaukee County) | $1,152 (±$77) |
| 16 | Butterfield Township | $1,083 (±$144) |
| 17 | West Branch Township (Missaukee County) | $1,068 (±$109) |
Showing 10 of 17 places in Missaukee 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 Forest Township (Missaukee County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Forest Township (Missaukee County) beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Forest Township (Missaukee County), save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Forest Township (Missaukee County), and send estimates and invoices from your phone.
Questions about Forest Township (Missaukee County)
What is the average mortgage payment in Forest Township (Missaukee County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Forest Township (Missaukee County), MI is $1,159 (±$53) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Forest Township (Missaukee County)?
Owners without a mortgage in Forest Township (Missaukee County) pay a median of $512 (±$72) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Forest Township (Missaukee County) gone up?
In Forest Township (Missaukee County), the median monthly cost with a mortgage went from $914 in 2015–2019 to $1,159 in 2020–2024 (+26.8%).
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 — Forest township, Missaukee County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Forest township, Missaukee County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Forest township, Missaukee County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Forest township, Missaukee County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Forest township, Missaukee 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 Forest township, Missaukee County, Michigan (county subdivision:29440, in state:26 county:113).
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 Forest Township (Missaukee County) at a glance
- Median rent in Forest Township (Missaukee County)
- Rent burden in Forest Township (Missaukee County)
- Renters and owners in Forest Township (Missaukee County)
- Income and affordability in Forest Township (Missaukee County)
- Home values in Forest Township (Missaukee County)
- Property taxes in Forest Township (Missaukee County)
- Types of homes in Forest Township (Missaukee County)
- Bedrooms in Forest Township (Missaukee County)
- Age of homes in Forest Township (Missaukee County)
- Heating fuel in Forest Township (Missaukee County)
- Commute and cars in Forest Township (Missaukee County)
- Population growth in Forest Township (Missaukee County)
- How long people stay in Forest Township (Missaukee County)
- Michigan landlord and tenant rules
- Housing across Missaukee County
- Housing data for every place in Michigan