How much do homeowners pay a month in Lake LeAnn, MI?
Homeowners with a mortgage in Lake LeAnn, MI pay a median of $1,441 (±$344) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $486 (±$57).
67.4% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $1,441 (±$344)
- Without a mortgage
- $486 (±$57)
- Owned with a mortgage
- 67.4%
Monthly owner costs in Lake LeAnn
| Lake LeAnn | Hillsdale County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,441 (±$344) | $1,239 (±$39) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $486 (±$57) | $492 (±$14) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 67.4% (±11.8 points) | 57.6% (±2.1 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,581 (±$417) | $1,738 (±$49) | $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 Lake LeAnn, the median cost with a mortgage is not measurably different from Hillsdale County ($1,239).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
Statewide, it ranks 36 of 80.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median monthly cost with a mortgage in places near Lake LeAnn
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lake LeAnn | — | $1,441 (±$344) | — |
| Liberty Township (Jackson County) | 3.7 mi | $1,515 (±$195) | Not measurably different |
| Moscow Township | 5.2 mi | $1,257 (±$151) | Not measurably different |
| Cement City | 5.4 mi | $1,234 (±$165) | Not measurably different |
| Addison | 6.5 mi | $1,094 (±$158) | Not measurably different |
| Hanover Township (Jackson County) | 6.6 mi | $1,460 (±$181) | Not measurably different |
| Woodstock Township | 6.8 mi | $1,582 (±$84) | Not measurably different |
| Hanover | 7.0 mi | $1,208 (±$256) | Not measurably different |
| North Adams | 7.7 mi | $950 (±$89) | Lower |
Nearby places with a measurably lower figure: North Adams, MI ($950).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Lake LeAnn is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Somerset Township, whose figures include it.
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 Lake LeAnn
What is the average mortgage payment in Lake LeAnn?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake LeAnn, MI is $1,441 (±$344) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lake LeAnn?
Owners without a mortgage in Lake LeAnn pay a median of $486 (±$57) a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake LeAnn CDP, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake LeAnn CDP, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake LeAnn CDP, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake LeAnn CDP, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake LeAnn CDP, 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 Lake LeAnn CDP, Michigan (place:44752, 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
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- Michigan landlord and tenant rules
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