How much do homeowners pay a month in Greenwood Township (Oceana County), MI?
Homeowners with a mortgage in Greenwood Township (Oceana County), MI pay a median of $1,541 (±$153) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $440 (±$65).
52.3% of owned homes carry a mortgage.
In Greenwood Township (Oceana County), the median monthly cost with a mortgage went from $1,235 in 2015–2019 to $1,541 in 2020–2024 (+24.8%).
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
- $1,541 (±$153)
- Without a mortgage
- $440 (±$65)
- Owned with a mortgage
- 52.3%
Monthly owner costs in Greenwood Township (Oceana County)
| Greenwood Township (Oceana County) | Oceana County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,541 (±$153) | $1,280 (±$46) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $440 (±$65) | $515 (±$16) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 52.3% (±11.4 points) | 49.0% (±2.2 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,890 (±$342) | $1,914 (±$62) | $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 Greenwood Township (Oceana County), the median cost with a mortgage is higher than in Oceana County ($1,280).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Oceana County, Greenwood Township (Oceana County) ranks 3 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 443 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Greenwood Township (Oceana County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,235 (±$215) | $1,541 (±$153) | +24.8% | No measurable change after inflation |
| Median real estate taxes | $1,601 (±$211) | $1,890 (±$342) | +18.1% | No measurable change after inflation |
| Median home value | $113,700 (±$19,549) | $186,500 (±$47,773) | +64.0% | No measurable change 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 Greenwood Township (Oceana County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Greenwood Township (Oceana County) | — | $1,541 (±$153) | — |
| Holton Township | 5.1 mi | $1,353 (±$147) | Not measurably different |
| Dayton Township (Newaygo County) | 5.3 mi | $1,816 (±$152) | Higher |
| Hesperia | 5.3 mi | $1,093 (±$61) | Lower |
| Otto Township | 6.2 mi | $1,372 (±$166) | Not measurably different |
| Newfield Township | 6.9 mi | $1,295 (±$137) | Lower |
| Blue Lake Township (Muskegon County) | 7.2 mi | $1,465 (±$183) | Not measurably different |
| Fremont | 7.5 mi | $1,297 (±$135) | Lower |
| Sheridan Charter Township | 8.0 mi | $1,406 (±$100) | Not measurably different |
Nearby places with a measurably lower figure: Hesperia, MI ($1,093), Newfield Township, MI ($1,295), Fremont, MI ($1,297).
Nearby places with a measurably higher figure: Dayton Township (Newaygo County), MI ($1,816).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Oceana County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Pentwater Township | $1,729 (±$146) |
| 2 | Claybanks Township | $1,542 (±$255) |
| 3 | Greenwood Township (Oceana County) | $1,541 (±$153) |
| 4 | Elbridge Township | $1,513 (±$232) |
| 5 | Benona Township | $1,506 (±$227) |
| 6 | Crystal Township (Oceana County) | $1,417 (±$101) |
| 7 | Otto Township | $1,372 (±$166) |
| 8 | Golden Township | $1,368 (±$82) |
| 9 | Newfield Township | $1,295 (±$137) |
Showing 9 of 17 places in Oceana 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 Greenwood Township (Oceana County)
What is the average mortgage payment in Greenwood Township (Oceana County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Greenwood Township (Oceana County), MI is $1,541 (±$153) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Greenwood Township (Oceana County)?
Owners without a mortgage in Greenwood Township (Oceana County) pay a median of $440 (±$65) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Greenwood Township (Oceana County) gone up?
In Greenwood Township (Oceana County), the median monthly cost with a mortgage went from $1,235 in 2015–2019 to $1,541 in 2020–2024 (+24.8%).
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 — Greenwood township, Oceana County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Greenwood township, Oceana County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Greenwood township, Oceana County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Greenwood township, Oceana County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Greenwood township, Oceana 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 Greenwood township, Oceana County, Michigan (county subdivision:35160, in state:26 county:127).
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 Greenwood Township (Oceana County) at a glance
- Income and affordability in Greenwood Township (Oceana County)
- Home values in Greenwood Township (Oceana County)
- Property taxes in Greenwood Township (Oceana County)
- Types of homes in Greenwood Township (Oceana County)
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- Age of homes in Greenwood Township (Oceana County)
- Heating fuel in Greenwood Township (Oceana County)
- Commute and cars in Greenwood Township (Oceana County)
- Population growth in Greenwood Township (Oceana County)
- Michigan landlord and tenant rules
- Housing across Oceana County
- Housing data for every place in Michigan