How much do homeowners pay a month in Highland Charter Township, MI?
Homeowners with a mortgage in Highland Charter Township, MI pay a median of $1,949 (±$93) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $702 (±$57).
62.5% of owned homes carry a mortgage.
In Highland Charter Township, the median monthly cost with a mortgage went from $1,608 in 2015–2019 to $1,949 in 2020–2024 (+21.2%).
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
- $1,949 (±$93)
- Without a mortgage
- $702 (±$57)
- Owned with a mortgage
- 62.5%
Monthly owner costs in Highland Charter Township
| Highland Charter Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,949 (±$93) | $1,998 (±$17) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $702 (±$57) | $778 (±$8) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 62.5% (±3.4 points) | 64.5% (±0.5 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,823 (±$192) | $4,371 (±$39) | $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 Highland Charter Township, the median cost with a mortgage is not measurably different from Oakland County ($1,998).
It is also higher than in Michigan ($1,569).
It is not measurably different from the national figure ($1,963).
In Oakland County, Highland Charter Township ranks 31 of 50 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 112 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Highland Charter Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,608 (±$67) | $1,949 (±$93) | +21.2% | No measurable change after inflation |
| Median real estate taxes | $3,222 (±$122) | $3,823 (±$192) | +18.7% | No measurable change after inflation |
| Median home value | $231,200 (±$7,924) | $330,800 (±$15,885) | +43.1% | 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 Highland Charter Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Highland Charter Township | — | $1,949 (±$93) | — |
| Milford | 4.8 mi | $2,072 (±$146) | Not measurably different |
| White Lake Charter Township | 5.8 mi | $1,879 (±$80) | Not measurably different |
| Rose Township (Oakland County) | 5.9 mi | $2,000 (±$155) | Not measurably different |
| Hartland Township | 6.1 mi | $1,949 (±$81) | Not measurably different |
| Milford Charter Township | 6.1 mi | $2,497 (±$129) | Higher |
| Tyrone Township (Livingston County) | 8.4 mi | $1,907 (±$125) | Not measurably different |
| Commerce Charter Township | 8.5 mi | $2,032 (±$78) | Not measurably different |
| Brighton Township | 8.6 mi | $2,057 (±$110) | Not measurably different |
Nearby places with a measurably higher figure: Milford Charter Township, MI ($2,497).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Oakland County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 25 | Orion Charter Township | $2,086 (±$86) |
| 26 | Brandon Charter Township | $2,044 (±$130) |
| 27 | Commerce Charter Township | $2,032 (±$78) |
| 28 | Rose Township (Oakland County) | $2,000 (±$155) |
| 29 | Wixom | $1,994 (±$124) |
| 30 | Groveland Township | $1,960 (±$180) |
| 31 | Highland Charter Township | $1,949 (±$93) |
| 32 | Lathrup Village | $1,931 (±$193) |
| 33 | Royal Oak | $1,902 (±$37) |
| 34 | South Lyon | $1,898 (±$63) |
| 35 | White Lake Charter Township | $1,879 (±$80) |
| 36 | Farmington | $1,862 (±$113) |
| 37 | Keego Harbor | $1,845 (±$235) |
Showing 13 of 50 places in Oakland 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 Highland Charter Township
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 Highland Charter Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Highland Charter Township, 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 Highland Charter Township, and send estimates and invoices from your phone.
Questions about Highland Charter Township
What is the average mortgage payment in Highland Charter Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Highland Charter Township, MI is $1,949 (±$93) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Highland Charter Township?
Owners without a mortgage in Highland Charter Township pay a median of $702 (±$57) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Highland Charter Township gone up?
In Highland Charter Township, the median monthly cost with a mortgage went from $1,608 in 2015–2019 to $1,949 in 2020–2024 (+21.2%).
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 — Highland charter township, Oakland County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Highland charter township, Oakland County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Highland charter township, Oakland County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Highland charter township, Oakland County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Highland charter township, Oakland 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 Highland charter township, Oakland County, Michigan (county subdivision:38080, in state:26 county:125).
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 Highland Charter Township at a glance
- Median rent in Highland Charter Township
- Rent by bedrooms in Highland Charter Township
- Rent burden in Highland Charter Township
- Renters and owners in Highland Charter Township
- Income and affordability in Highland Charter Township
- Home values in Highland Charter Township
- Property taxes in Highland Charter Township
- Types of homes in Highland Charter Township
- Bedrooms in Highland Charter Township
- Age of homes in Highland Charter Township
- Heating fuel in Highland Charter Township
- Commute and cars in Highland Charter Township
- Crime reported to police in Highland Charter Township
- Population growth in Highland Charter Township
- How long people stay in Highland Charter Township
- Crowding and facilities in Highland Charter Township
- Fair Market Rent in Highland Charter Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Housing data for every place in Michigan