How much do homeowners pay a month in Forsyth Township, MI?
Homeowners with a mortgage in Forsyth Township, MI pay a median of $1,165 (±$111) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $475 (±$48).
53.4% of owned homes carry a mortgage.
In Forsyth Township, the median monthly cost with a mortgage went from $1,015 in 2015–2019 to $1,165 in 2020–2024 (+14.8%).
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
- $1,165 (±$111)
- Without a mortgage
- $475 (±$48)
- Owned with a mortgage
- 53.4%
Monthly owner costs in Forsyth Township
| Forsyth Township | Marquette County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,165 (±$111) | $1,379 (±$38) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $475 (±$48) | $509 (±$17) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 53.4% (±7.6 points) | 55.2% (±1.7 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,474 (±$253) | $2,109 (±$104) | $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 Forsyth Township, the median cost with a mortgage is lower than in Marquette County ($1,379).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Marquette County, Forsyth Township ranks 17 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1227 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Forsyth Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,015 (±$97) | $1,165 (±$111) | +14.8% | No measurable change after inflation |
| Median real estate taxes | $1,342 (±$140) | $1,474 (±$253) | +9.8% | No measurable change after inflation |
| Median home value | $104,200 (±$23,035) | $168,700 (±$16,652) | +61.9% | 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 Forsyth Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Forsyth Township | — | $1,165 (±$111) | — |
| Turin Township | 10 mi | $835 (±$198) | Lower |
| West Branch Township (Marquette County) | 12 mi | $1,203 (±$187) | Not measurably different |
| Richmond Township (Marquette County) | 12 mi | $1,018 (±$85) | Lower |
| Sands Township | 12 mi | $1,465 (±$87) | Higher |
| Ewing Township | 13 mi | $1,181 (±$551) | Not measurably different |
| Wells Township (Marquette County) | 13 mi | $975 (±$491) | Not measurably different |
| Tilden Township | 13 mi | $1,286 (±$333) | Not measurably different |
| West Branch Township (Dickinson County) | 14 mi | $1,453 (±$380) | Not measurably different |
Nearby places with a measurably lower figure: Turin Township, MI ($835), Richmond Township (Marquette County), MI ($1,018).
Nearby places with a measurably higher figure: Sands Township, MI ($1,465).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Marquette County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 11 | Negaunee | $1,308 (±$113) |
| 12 | Tilden Township | $1,286 (±$333) |
| 13 | Powell Township | $1,255 (±$173) |
| 14 | West Branch Township (Marquette County) | $1,203 (±$187) |
| 15 | Ewing Township | $1,181 (±$551) |
| 16 | Humboldt Township | $1,174 (±$136) |
| 17 | Forsyth Township | $1,165 (±$111) |
| 18 | Ishpeming | $1,077 (±$91) |
| 19 | Republic Township | $1,064 (±$114) |
| 20 | Richmond Township (Marquette County) | $1,018 (±$85) |
| 21 | Wells Township (Marquette County) | $975 (±$491) |
| 22 | Turin Township | $835 (±$198) |
Showing 12 of 22 places in Marquette County, ranked from highest to lowest.
The figures for Forsyth Township include the places inside it that have pages of their own: Gwinn, K. I. Sawyer.
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 Forsyth Township
What is the average mortgage payment in Forsyth Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Forsyth Township, MI is $1,165 (±$111) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Forsyth Township?
Owners without a mortgage in Forsyth Township pay a median of $475 (±$48) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Forsyth Township gone up?
In Forsyth Township, the median monthly cost with a mortgage went from $1,015 in 2015–2019 to $1,165 in 2020–2024 (+14.8%).
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 — Forsyth township, Marquette County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Forsyth township, Marquette County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Forsyth township, Marquette County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Forsyth township, Marquette County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Forsyth township, Marquette 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 Forsyth township, Marquette County, Michigan (county subdivision:29720, in state:26 county:103).
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 Forsyth Township at a glance
- Median rent in Forsyth Township
- Rent by bedrooms in Forsyth Township
- Rent burden in Forsyth Township
- Renters and owners in Forsyth Township
- Income and affordability in Forsyth Township
- Home values in Forsyth Township
- Property taxes in Forsyth Township
- Types of homes in Forsyth Township
- Bedrooms in Forsyth Township
- Age of homes in Forsyth Township
- Heating fuel in Forsyth Township
- Commute and cars in Forsyth Township
- Population growth in Forsyth Township
- How long people stay in Forsyth Township
- Crowding and facilities in Forsyth Township
- Michigan landlord and tenant rules
- Housing across Marquette County
- Housing data for every place in Michigan