How much do homeowners pay a month in Lodi Township, MI?
Homeowners with a mortgage in Lodi Township, MI pay a median of $2,461 (±$174) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $923 (±$51).
62.6% of owned homes carry a mortgage.
In Lodi Township, the median monthly cost with a mortgage went from $2,234 in 2015–2019 to $2,461 in 2020–2024 (+10.2%).
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
- $2,461 (±$174)
- Without a mortgage
- $923 (±$51)
- Owned with a mortgage
- 62.6%
Monthly owner costs in Lodi Township
| Lodi Township | Washtenaw County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $2,461 (±$174) | $2,150 (±$32) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $923 (±$51) | $903 (±$17) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 62.6% (±6.5 points) | 63.9% (±1.0 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $6,091 (±$417) | $5,678 (±$91) | $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 Lodi Township, the median cost with a mortgage is higher than in Washtenaw County ($2,150).
It is also higher than in Michigan ($1,569).
It is higher than the national figure ($1,963).
In Washtenaw County, Lodi Township ranks 5 of 26 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 28 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lodi Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,234 (±$91) | $2,461 (±$174) | +10.2% | Down after inflation |
| Median real estate taxes | $5,226 (±$410) | $6,091 (±$417) | +16.6% | No measurable change after inflation |
| Median home value | $360,000 (±$25,179) | $470,700 (±$30,482) | +30.8% | 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 Lodi Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lodi Township | — | $2,461 (±$174) | — |
| Saline | 4.9 mi | $1,983 (±$171) | Lower |
| Scio Township | 5.3 mi | $2,798 (±$144) | Higher |
| Freedom Township | 5.8 mi | $2,332 (±$218) | Not measurably different |
| Lima Township | 7.0 mi | $2,250 (±$186) | Not measurably different |
| Pittsfield Charter Township | 7.0 mi | $2,380 (±$60) | Not measurably different |
| Saline Township | 7.0 mi | $1,917 (±$121) | Lower |
| Ann Arbor | 7.3 mi | $2,436 (±$59) | Not measurably different |
| Dexter | 8.0 mi | $2,277 (±$236) | Not measurably different |
Nearby places with a measurably lower figure: Saline, MI ($1,983), Saline Township, MI ($1,917).
Nearby places with a measurably higher figure: Scio Township, MI ($2,798).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Washtenaw County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Ann Arbor Charter Township | $3,543 (±$383) |
| 2 | Webster Township | $3,045 (±$340) |
| 3 | Scio Township | $2,798 (±$144) |
| 4 | Dexter Township | $2,579 (±$142) |
| 5 | Lodi Township | $2,461 (±$174) |
| 6 | Ann Arbor | $2,436 (±$59) |
| 7 (tie) | Pittsfield Charter Township | $2,380 (±$60) |
| 7 (tie) | York Charter Township | $2,380 (±$292) |
| 9 | Freedom Township | $2,332 (±$218) |
| 10 | Dexter | $2,277 (±$236) |
| 11 | Lima Township | $2,250 (±$186) |
Showing 11 of 26 places in Washtenaw 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 Lodi Township
What is the average mortgage payment in Lodi Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lodi Township, MI is $2,461 (±$174) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lodi Township?
Owners without a mortgage in Lodi Township pay a median of $923 (±$51) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lodi Township gone up?
In Lodi Township, the median monthly cost with a mortgage went from $2,234 in 2015–2019 to $2,461 in 2020–2024 (+10.2%).
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 — Lodi township, Washtenaw County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lodi township, Washtenaw County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lodi township, Washtenaw County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lodi township, Washtenaw County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lodi township, Washtenaw 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 Lodi township, Washtenaw County, Michigan (county subdivision:49120, in state:26 county:161).
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 Lodi Township
- Home values in Lodi Township
- Property taxes in Lodi Township
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- Population growth in Lodi Township
- How long people stay in Lodi Township
- Crowding and facilities in Lodi Township
- Michigan landlord and tenant rules
- Housing across Washtenaw County
- Housing data for every place in Michigan