How much do homeowners pay a month in Mackinaw Township, MI?
Homeowners with a mortgage in Mackinaw Township, MI pay a median of $1,458 (±$358) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $560 (±$38).
25.2% of owned homes carry a mortgage.
In Mackinaw Township, the median monthly cost with a mortgage went from $1,125 in 2015–2019 to $1,458 in 2020–2024 (+29.6%).
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
- $1,458 (±$358)
- Without a mortgage
- $560 (±$38)
- Owned with a mortgage
- 25.2%
Monthly owner costs in Mackinaw Township
| Mackinaw Township | Cheboygan County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,458 (±$358) | $1,231 (±$44) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $560 (±$38) | $494 (±$20) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 25.2% (±12.1 points) | 50.1% (±2.5 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,297 (±$333) | $1,704 (±$84) | $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 Mackinaw Township, the median cost with a mortgage is not measurably different from Cheboygan County ($1,231).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Cheboygan County, Mackinaw Township ranks 4 of 20 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 580 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Mackinaw Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,125 (±$217) | $1,458 (±$358) | +29.6% | No measurable change after inflation |
| Median real estate taxes | $1,470 (±$815) | $2,297 (±$333) | +56.3% | No measurable change after inflation |
| Median home value | $143,300 (±$24,856) | $278,800 (±$72,707) | +94.6% | 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 Mackinaw Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Mackinaw Township | — | $1,458 (±$358) | — |
| Mackinaw City | 4.0 mi | $1,598 (±$107) | Not measurably different |
| Wawatam Township | 4.2 mi | $1,542 (±$146) | Not measurably different |
| Hebron Township | 5.2 mi | $1,344 (±$188) | Not measurably different |
| Carp Lake Township (Emmet County) | 6.3 mi | $1,217 (±$217) | Not measurably different |
| Beaugrand Township | 8.6 mi | $1,170 (±$120) | Not measurably different |
| Mackinac Island | 8.7 mi | $4,000 or more | — |
| St. Ignace | 10 mi | $1,240 (±$101) | Not measurably different |
| Munro Township | 10 mi | $1,500 (±$180) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Cheboygan County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Burt Township (Cheboygan County) | $1,898 (±$255) |
| 2 | Walker Township | $1,563 (±$144) |
| 3 | Munro Township | $1,500 (±$180) |
| 4 | Mackinaw Township | $1,458 (±$358) |
| 5 | Ellis Township | $1,438 (±$157) |
| 6 | Tuscarora Township | $1,399 (±$134) |
| 7 | Grant Township (Cheboygan County) | $1,352 (±$117) |
| 8 | Hebron Township | $1,344 (±$188) |
| 9 | Wilmot Township | $1,337 (±$183) |
| 10 | Mullett Township | $1,311 (±$177) |
Showing 10 of 20 places in Cheboygan 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 Mackinaw Township
What is the average mortgage payment in Mackinaw Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Mackinaw Township, MI is $1,458 (±$358) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Mackinaw Township?
Owners without a mortgage in Mackinaw Township pay a median of $560 (±$38) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Mackinaw Township gone up?
In Mackinaw Township, the median monthly cost with a mortgage went from $1,125 in 2015–2019 to $1,458 in 2020–2024 (+29.6%).
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 — Mackinaw township, Cheboygan County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Mackinaw township, Cheboygan County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Mackinaw township, Cheboygan County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Mackinaw township, Cheboygan County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Mackinaw township, Cheboygan 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 Mackinaw township, Cheboygan County, Michigan (county subdivision:50300, in state:26 county:031).
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 Mackinaw Township at a glance
- Home values in Mackinaw Township
- Property taxes in Mackinaw Township
- Types of homes in Mackinaw Township
- Bedrooms in Mackinaw Township
- Age of homes in Mackinaw Township
- Michigan landlord and tenant rules
- Housing across Cheboygan County
- Housing data for every place in Michigan