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

Homeowners with a mortgage in Lawrence Township, MI pay a median of $1,413 (±$134) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $563 (±$70).

52.3% of owned homes carry a mortgage.

In Lawrence Township, the median monthly cost with a mortgage went from $1,166 in 2015–2019 to $1,413 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
$1,413 (±$134)
Without a mortgage
$563 (±$70)
Owned with a mortgage
52.3%

Monthly owner costs in Lawrence Township

Median selected monthly owner costs, estimate (90% margin of error)
Lawrence TownshipVan Buren CountyMichiganUnited States
With a mortgage$1,413 (±$134)$1,404 (±$33)$1,569 (±$5)$1,963
Without a mortgage$563 (±$70)$570 (±$15)$602 (±$3)$638
Owned homes with a mortgage52.3% (±12.1 points)58.6% (±1.8 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$2,467 (±$295)$2,536 (±$58)$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 Lawrence Township, the median cost with a mortgage is not measurably different from Van Buren County ($1,404).

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

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

In Van Buren County, Lawrence Township ranks 8 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 690 of 1,516.

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

How owner costs in Lawrence 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$1,166 (±$108)$1,413 (±$134)+21.2%No measurable change after inflation
Median real estate taxes$2,140 (±$249)$2,467 (±$295)+15.3%No measurable change after inflation
Median home value$121,600 (±$13,148)$179,500 (±$34,578)+47.6%No measurable change 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 Lawrence Township

Nearest places with a published estimate, compared with Lawrence Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Lawrence Township—$1,413 (±$134)—
Paw Paw Township5.4 mi$1,365 (±$142)Not measurably different
Hartford6.1 mi$1,172 (±$143)Lower
Arlington Township6.2 mi$1,216 (±$134)Lower
Hamilton Township (Van Buren County)6.6 mi$1,364 (±$204)Not measurably different
Hartford Township7.2 mi$1,193 (±$188)Not measurably different
Decatur7.4 mi$1,185 (±$72)Lower
Paw Paw8.0 mi$1,189 (±$129)Lower
Waverly Township (Van Buren County)8.3 mi$1,416 (±$142)Not measurably different

Nearby places with a measurably lower figure: Hartford, MI ($1,172), Arlington Township, MI ($1,216), Decatur, MI ($1,185).

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

Median monthly cost with a mortgage across Van Buren County, place by place

RankPlaceMedian monthly cost with a mortgage
2Porter Township (Van Buren County)$1,684 (±$201)
3Almena Township$1,539 (±$226)
4Antwerp Township$1,457 (±$90)
5 (tie)Columbia Township (Van Buren County)$1,453 (±$215)
5 (tie)South Haven Charter Township$1,453 (±$315)
7Waverly Township (Van Buren County)$1,416 (±$142)
8Lawrence Township$1,413 (±$134)
9Bangor Township$1,409 (±$145)
10Paw Paw Township$1,365 (±$142)
11Hamilton Township (Van Buren County)$1,364 (±$204)
12Pine Grove Township$1,343 (±$96)
13Bloomingdale Township$1,300 (±$168)
14Keeler Township$1,280 (±$261)

Showing 13 of 22 places in Van Buren County, ranked from highest to lowest.

The figures for Lawrence Township include the places inside it that have pages of their own: Lawrence.

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 Lawrence Township

What is the average mortgage payment in Lawrence Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lawrence Township, MI is $1,413 (±$134) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Lawrence Township pay a median of $563 (±$70) a month in taxes, insurance, utilities and fees.

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

In Lawrence Township, the median monthly cost with a mortgage went from $1,166 in 2015–2019 to $1,413 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

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 Lawrence township, Van Buren County, Michigan (county subdivision:46460, in state:26 county:159).

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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