How much do homeowners pay a month in Holland, MI?
Homeowners with a mortgage in Holland, MI pay a median of $1,495 (±$53) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $560 (±$20).
57.0% of owned homes carry a mortgage.
In Holland, the median monthly cost with a mortgage went from $1,161 in 2015–2019 to $1,495 in 2020–2024 (+28.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,495 (±$53)
- Without a mortgage
- $560 (±$20)
- Owned with a mortgage
- 57.0%
Monthly owner costs in Holland
| Holland | Ottawa County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,495 (±$53) | $1,656 (±$21) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $560 (±$20) | $607 (±$13) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 57.0% (±4.1 points) | 60.9% (±1.1 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,116 (±$201) | $3,313 (±$56) | $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 Holland, the median cost with a mortgage is lower than in Ottawa County ($1,656).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Ottawa County, Holland ranks 20 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 508 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Holland have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,161 (±$32) | $1,495 (±$53) | +28.8% | Up after inflation |
| Median real estate taxes | $2,521 (±$77) | $3,116 (±$201) | +23.6% | No measurable change after inflation |
| Median home value | $151,300 (±$4,891) | $252,200 (±$9,325) | +66.7% | 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 Holland
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Holland | — | $1,495 (±$53) | — |
| Beechwood | 2.5 mi | $1,608 (±$110) | Not measurably different |
| Holland Charter Township | 3.9 mi | $1,575 (±$50) | Higher |
| Fillmore Township | 3.9 mi | $1,698 (±$167) | Higher |
| Laketown Township | 4.8 mi | $1,911 (±$192) | Higher |
| Park Township (Ottawa County) | 5.2 mi | $1,794 (±$186) | Higher |
| Zeeland | 5.4 mi | $1,427 (±$81) | Not measurably different |
| Zeeland Charter Township | 7.8 mi | $1,754 (±$190) | Higher |
| Overisel Township | 7.9 mi | $1,522 (±$138) | Not measurably different |
Nearby places with a measurably higher figure: Holland Charter Township, MI ($1,575), Fillmore Township, MI ($1,698), Laketown Township, MI ($1,911).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Ottawa County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 14 | Allendale Charter Township | $1,648 (±$86) |
| 15 | Georgetown Charter Township | $1,643 (±$50) |
| 16 | Hudsonville | $1,631 (±$120) |
| 17 | Holland Charter Township | $1,575 (±$50) |
| 18 | Coopersville | $1,532 (±$76) |
| 19 | Crockery Township | $1,499 (±$380) |
| 20 | Holland | $1,495 (±$53) |
| 21 | Olive Township (Ottawa County) | $1,456 (±$99) |
| 22 | Grand Haven | $1,436 (±$125) |
| 23 | Zeeland | $1,427 (±$81) |
Showing 10 of 23 places in Ottawa 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 Holland
What is the average mortgage payment in Holland?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Holland, MI is $1,495 (±$53) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Holland?
Owners without a mortgage in Holland pay a median of $560 (±$20) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Holland gone up?
In Holland, the median monthly cost with a mortgage went from $1,161 in 2015–2019 to $1,495 in 2020–2024 (+28.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Holland city, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Holland city, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Holland city, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Holland city, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Holland city, 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 Holland city, Michigan (place:38640, in state:26).
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 Holland at a glance
- Median rent in Holland
- Rent by bedrooms in Holland
- Rent burden in Holland
- Renters and owners in Holland
- Income and affordability in Holland
- Home values in Holland
- Property taxes in Holland
- Types of homes in Holland
- Bedrooms in Holland
- Age of homes in Holland
- Vacancy rate in Holland
- Heating fuel in Holland
- Commute and cars in Holland
- Crime reported to police in Holland
- Population growth in Holland
- How long people stay in Holland
- Crowding and facilities in Holland
- Michigan landlord and tenant rules
- Housing across Ottawa County
- Housing data for every place in Michigan