How much do homeowners pay a month in Laketon Township, MI?

Name: Homeowner costs in Laketon Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Laketon Township, MI pay a median of $1,496 (±$96) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $564 (±$38).

64.1% of owned homes carry a mortgage.

In Laketon Township, the median monthly cost with a mortgage went from $1,147 in 2015–2019 to $1,496 in 2020–2024 (+30.4%).

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 November 12, 2026.

With a mortgage: $1,496 (±$96)
Without a mortgage: $564 (±$38)
Owned with a mortgage: 64.1%

Monthly owner costs in Laketon Township

Median selected monthly owner costs, estimate (90% margin of error)
	Laketon Township	Muskegon County	Michigan	United States
With a mortgage	$1,496 (±$96)	$1,334 (±$27)	$1,569 (±$5)	$1,963
Without a mortgage	$564 (±$38)	$520 (±$16)	$602 (±$3)	$638
Owned homes with a mortgage	64.1% (±5.8 points)	56.6% (±1.3 points)	57.8% (±0.2 points)	60.6%
Median real estate taxes (a year)	$2,753 (±$170)	$2,348 (±$52)	$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 Laketon Township, the median cost with a mortgage is higher than in Muskegon County ($1,334).

It is not measurably different from Michigan ($1,569).

It is lower than the national figure ($1,963).

In Muskegon County, Laketon Township ranks 7 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 507 of 1,516.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Laketon Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$1,147 (±$100)	$1,496 (±$96)	+30.4%	No measurable change after inflation
Median real estate taxes	$2,299 (±$114)	$2,753 (±$170)	+19.7%	No measurable change after inflation
Median home value	$156,600 (±$7,119)	$266,800 (±$15,211)	+70.4%	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 Laketon Township

Nearest places with a published estimate, compared with Laketon Township
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Laketon Township	—	$1,496 (±$96)	—
North Muskegon	2.7 mi	$1,732 (±$153)	Higher
Muskegon	4.3 mi	$1,064 (±$59)	Lower
Fruitland Township	5.2 mi	$1,516 (±$179)	Not measurably different
Roosevelt Park	5.5 mi	$1,319 (±$74)	Lower
Muskegon Charter Township	6.0 mi	$1,242 (±$85)	Lower
Muskegon Heights	6.1 mi	$1,080 (±$45)	Lower
Dalton Township	6.9 mi	$1,364 (±$94)	Not measurably different
Lakewood Club	7.9 mi	$1,066 (±$74)	Lower

Nearby places with a measurably lower figure: Muskegon, MI ($1,064), Roosevelt Park, MI ($1,319), Muskegon Charter Township, MI ($1,242).

Nearby places with a measurably higher figure: North Muskegon, MI ($1,732).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Muskegon County, place by place

Rank	Place	Median monthly cost with a mortgage
1 (tie)	North Muskegon	$1,732 (±$153)
1 (tie)	Cedar Creek Township (Muskegon County)	$1,732 (±$218)
3	White River Township	$1,641 (±$170)
4	Casnovia Township	$1,621 (±$200)
5	Sullivan Township	$1,548 (±$90)
6	Fruitland Township	$1,516 (±$179)
7	Laketon Township	$1,496 (±$96)
8	Moorland Township	$1,474 (±$153)
9	Blue Lake Township (Muskegon County)	$1,465 (±$183)
10	Norton Shores	$1,436 (±$76)
11	Ravenna Township	$1,412 (±$108)
12	Montague	$1,405 (±$173)
13	Fruitport Charter Township	$1,397 (±$83)

Showing 13 of 23 places in Muskegon 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 Laketon 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 Laketon Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Laketon 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 Laketon Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Laketon Township

What is the average mortgage payment in Laketon Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Laketon Township, MI is $1,496 (±$96) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Laketon Township?

Owners without a mortgage in Laketon Township pay a median of $564 (±$38) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Laketon Township gone up?

In Laketon Township, the median monthly cost with a mortgage went from $1,147 in 2015–2019 to $1,496 in 2020–2024 (+30.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Laketon township, Muskegon County, Michigan (county subdivision:45160, in state:26 county:121).

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.

Request a Census API 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.