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

Homeowners with a mortgage in Larkin Charter Township, MI pay a median of $2,233 (±$249) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $691 (±$132).

50.8% of owned homes carry a mortgage.

In Larkin Charter Township, the median monthly cost with a mortgage went from $1,797 in 2015–2019 to $2,233 in 2020–2024 (+24.3%).

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
$2,233 (±$249)
Without a mortgage
$691 (±$132)
Owned with a mortgage
50.8%

Monthly owner costs in Larkin Charter Township

Median selected monthly owner costs, estimate (90% margin of error)
Larkin Charter TownshipMidland CountyMichiganUnited States
With a mortgage$2,233 (±$249)$1,465 (±$33)$1,569 (±$5)$1,963
Without a mortgage$691 (±$132)$604 (±$20)$602 (±$3)$638
Owned homes with a mortgage50.8% (±8.4 points)55.5% (±1.6 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$4,249 (±$901)$2,875 (±$63)$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 Larkin Charter Township, the median cost with a mortgage is higher than in Midland County ($1,465).

It is also higher than in Michigan ($1,569).

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

In Midland County, Larkin Charter Township ranks 1 of 18 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 52 of 1,516.

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

How owner costs in Larkin Charter Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,797 (±$159)$2,233 (±$249)+24.3%No measurable change after inflation
Median real estate taxes$3,815 (±$431)$4,249 (±$901)+11.4%No measurable change after inflation
Median home value$232,000 (±$25,445)$382,500 (±$55,941)+64.9%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 Larkin Charter Township

Nearest places with a published estimate, compared with Larkin Charter Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Larkin Charter Township—$2,233 (±$249)—
Beaver Township (Bay County)5.2 mi$1,405 (±$155)Lower
Mills Township (Midland County)5.4 mi$1,442 (±$92)Lower
Lincoln Township (Midland County)5.7 mi$1,490 (±$131)Lower
Midland5.7 mi$1,485 (±$66)Lower
Garfield Township (Bay County)7.5 mi$1,352 (±$87)Lower
Williams Charter Township7.6 mi$1,299 (±$216)Lower
Midland Charter Township8.1 mi$1,455 (±$132)Lower
Hope Township (Midland County)8.1 mi$1,701 (±$201)Lower

Nearby places with a measurably lower figure: Beaver Township (Bay County), MI ($1,405), Mills Township (Midland County), MI ($1,442), Lincoln Township (Midland County), MI ($1,490).

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

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

RankPlaceMedian monthly cost with a mortgage
1Larkin Charter Township$2,233 (±$249)
2Hope Township (Midland County)$1,701 (±$201)
3Jerome Township$1,525 (±$256)
4Lincoln Township (Midland County)$1,490 (±$131)
5Midland$1,485 (±$66)
6Midland Charter Township$1,455 (±$132)
7Mills Township (Midland County)$1,442 (±$92)

Showing 7 of 18 places in Midland 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 Larkin Charter Township

What is the average mortgage payment in Larkin Charter Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Larkin Charter Township, MI is $2,233 (±$249) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Larkin Charter Township pay a median of $691 (±$132) a month in taxes, insurance, utilities and fees.

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

In Larkin Charter Township, the median monthly cost with a mortgage went from $1,797 in 2015–2019 to $2,233 in 2020–2024 (+24.3%).

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 Larkin charter township, Midland County, Michigan (county subdivision:46160, in state:26 county:111).

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.

Figures last updated on .

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