How much do homeowners pay a month in Le Roy Township, MI?
Homeowners with a mortgage in Le Roy Township, MI pay a median of $1,310 (±$180) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $449 (±$39).
55.4% of owned homes carry a mortgage.
In Le Roy Township, the median monthly cost with a mortgage went from $1,083 in 2015–2019 to $1,310 in 2020–2024 (+21.0%).
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
- $1,310 (±$180)
- Without a mortgage
- $449 (±$39)
- Owned with a mortgage
- 55.4%
Monthly owner costs in Le Roy Township
| Le Roy Township | Osceola County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,310 (±$180) | $1,186 (±$32) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $449 (±$39) | $479 (±$13) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 55.4% (±8.2 points) | 48.1% (±2.2 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,650 (±$196) | $1,584 (±$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 Le Roy Township, the median cost with a mortgage is not measurably different from Osceola County ($1,186).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Osceola County, Le Roy Township ranks 6 of 18 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 925 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Le Roy Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,083 (±$91) | $1,310 (±$180) | +21.0% | No measurable change after inflation |
| Median real estate taxes | $1,533 (±$126) | $1,650 (±$196) | +7.6% | No measurable change after inflation |
| Median home value | $129,100 (±$17,163) | $187,700 (±$25,612) | +45.4% | 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 Le Roy Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Le Roy Township | — | $1,310 (±$180) | — |
| Tustin | 5.3 mi | $950 (±$274) | Lower |
| Ellsworth Township | 5.9 mi | $1,417 (±$424) | Not measurably different |
| Rose Lake Township | 5.9 mi | $1,078 (±$114) | Lower |
| Lincoln Township (Osceola County) | 5.9 mi | $1,316 (±$109) | Not measurably different |
| Burdell Township | 6.2 mi | $1,238 (±$111) | Not measurably different |
| Cedar Township | 7.6 mi | $1,182 (±$234) | Not measurably different |
| Pinora Township | 8.8 mi | $1,325 (±$139) | Not measurably different |
| Dover Township (Lake County) | 8.8 mi | $1,153 (±$236) | Not measurably different |
Nearby places with a measurably lower figure: Tustin, MI ($950), Rose Lake Township, MI ($1,078).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Osceola County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Sherman Township (Osceola County) | $1,414 (±$239) |
| 2 | Richmond Township (Osceola County) | $1,379 (±$150) |
| 3 | Orient Township | $1,367 (±$48) |
| 4 | Marion Township (Osceola County) | $1,341 (±$228) |
| 5 | Lincoln Township (Osceola County) | $1,316 (±$109) |
| 6 | Le Roy Township | $1,310 (±$180) |
| 7 | Burdell Township | $1,238 (±$111) |
| 8 | Highland Township | $1,234 (±$111) |
| 9 | Middle Branch Township | $1,218 (±$212) |
| 10 (tie) | Cedar Township | $1,182 (±$234) |
| 10 (tie) | Hartwick Township | $1,182 (±$151) |
| 12 | Sylvan Township (Osceola County) | $1,180 (±$85) |
Showing 12 of 18 places in Osceola County, ranked from highest to lowest.
The figures for Le Roy Township include the places inside it that have pages of their own: Le Roy.
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 Le Roy Township
What is the average mortgage payment in Le Roy Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Le Roy Township, MI is $1,310 (±$180) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Le Roy Township?
Owners without a mortgage in Le Roy Township pay a median of $449 (±$39) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Le Roy Township gone up?
In Le Roy Township, the median monthly cost with a mortgage went from $1,083 in 2015–2019 to $1,310 in 2020–2024 (+21.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Le Roy township, Osceola County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Le Roy township, Osceola County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Le Roy township, Osceola County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Le Roy township, Osceola County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Le Roy township, Osceola County, 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 Le Roy township, Osceola County, Michigan (county subdivision:47120, in state:26 county:133).
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 Le Roy Township at a glance
- Income and affordability in Le Roy Township
- Home values in Le Roy Township
- Property taxes in Le Roy Township
- Types of homes in Le Roy Township
- Bedrooms in Le Roy Township
- Age of homes in Le Roy Township
- Heating fuel in Le Roy Township
- Commute and cars in Le Roy Township
- Population growth in Le Roy Township
- How long people stay in Le Roy Township
- Michigan landlord and tenant rules
- Housing across Osceola County
- Housing data for every place in Michigan