How much do homeowners pay a month in Lincoln Township (Newaygo County), MI?
Homeowners with a mortgage in Lincoln Township (Newaygo County), MI pay a median of $1,185 (±$51) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $552 (±$51).
50.1% of owned homes carry a mortgage.
In Lincoln Township (Newaygo County), the median monthly cost with a mortgage went from $1,155 in 2015–2019 to $1,185 in 2020–2024 (+2.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,185 (±$51)
- Without a mortgage
- $552 (±$51)
- Owned with a mortgage
- 50.1%
Monthly owner costs in Lincoln Township (Newaygo County)
| Lincoln Township (Newaygo County) | Newaygo County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,185 (±$51) | $1,356 (±$31) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $552 (±$51) | $516 (±$17) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 50.1% (±9.6 points) | 51.9% (±2.0 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,107 (±$296) | $2,055 (±$95) | $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 Lincoln Township (Newaygo County), the median cost with a mortgage is lower than in Newaygo County ($1,356).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Newaygo County, Lincoln Township (Newaygo County) ranks 22 of 28 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1182 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lincoln Township (Newaygo County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,155 (±$71) | $1,185 (±$51) | +2.6% | Down after inflation |
| Median real estate taxes | $1,507 (±$239) | $2,107 (±$296) | +39.8% | No measurable change after inflation |
| Median home value | $112,900 (±$13,378) | $162,300 (±$11,624) | +43.8% | 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 Lincoln Township (Newaygo County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lincoln Township (Newaygo County) | — | $1,185 (±$51) | — |
| Merrill Township | 4.8 mi | $1,188 (±$386) | Not measurably different |
| Denver Township (Newaygo County) | 5.8 mi | $1,025 (±$100) | Lower |
| White Cloud | 6.3 mi | $1,325 (±$370) | Not measurably different |
| Sherman Township (Newaygo County) | 6.8 mi | $1,461 (±$257) | Higher |
| Wilcox Township | 6.8 mi | $1,181 (±$148) | Not measurably different |
| Beaver Township (Newaygo County) | 7.2 mi | $1,375 (±$316) | Not measurably different |
| Monroe Township | 8.7 mi | $1,286 (±$203) | Not measurably different |
| Hesperia | 9.1 mi | $1,093 (±$61) | Lower |
Nearby places with a measurably lower figure: Denver Township (Newaygo County), MI ($1,025), Hesperia, MI ($1,093).
Nearby places with a measurably higher figure: Sherman Township (Newaygo County), MI ($1,461).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Newaygo County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 16 | Goodwell Township | $1,333 (±$395) |
| 17 | White Cloud | $1,325 (±$370) |
| 18 | Fremont | $1,297 (±$135) |
| 19 | Monroe Township | $1,286 (±$203) |
| 20 | Home Township (Newaygo County) | $1,242 (±$423) |
| 21 | Merrill Township | $1,188 (±$386) |
| 22 | Lincoln Township (Newaygo County) | $1,185 (±$51) |
| 23 | Wilcox Township | $1,181 (±$148) |
| 24 | Grant | $1,175 (±$219) |
| 25 | Big Prairie Township | $1,146 (±$75) |
| 26 (tie) | Newaygo | $1,138 (±$100) |
| 26 (tie) | Lilley Township | $1,138 (±$99) |
| 28 | Denver Township (Newaygo County) | $1,025 (±$100) |
Showing 13 of 28 places in Newaygo 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 Lincoln Township (Newaygo County)
What is the average mortgage payment in Lincoln Township (Newaygo County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lincoln Township (Newaygo County), MI is $1,185 (±$51) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lincoln Township (Newaygo County)?
Owners without a mortgage in Lincoln Township (Newaygo County) pay a median of $552 (±$51) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lincoln Township (Newaygo County) gone up?
In Lincoln Township (Newaygo County), the median monthly cost with a mortgage went from $1,155 in 2015–2019 to $1,185 in 2020–2024 (+2.6%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lincoln township, Newaygo County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lincoln township, Newaygo County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lincoln township, Newaygo County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lincoln township, Newaygo County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lincoln township, Newaygo 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 Lincoln township, Newaygo County, Michigan (county subdivision:47700, in state:26 county:123).
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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- Income and affordability in Lincoln Township (Newaygo County)
- Home values in Lincoln Township (Newaygo County)
- Property taxes in Lincoln Township (Newaygo County)
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- Commute and cars in Lincoln Township (Newaygo County)
- Population growth in Lincoln Township (Newaygo County)
- How long people stay in Lincoln Township (Newaygo County)
- Michigan landlord and tenant rules
- Housing across Newaygo County
- Housing data for every place in Michigan