How much do homeowners pay a month in Macomb Township, MI?
Homeowners with a mortgage in Macomb Township, MI pay a median of $2,125 (±$49) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $729 (±$20).
69.3% of owned homes carry a mortgage.
In Macomb Township, the median monthly cost with a mortgage went from $1,811 in 2015–2019 to $2,125 in 2020–2024 (+17.3%).
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
- $2,125 (±$49)
- Without a mortgage
- $729 (±$20)
- Owned with a mortgage
- 69.3%
Monthly owner costs in Macomb Township
| Macomb Township | Macomb County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $2,125 (±$49) | $1,628 (±$14) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $729 (±$20) | $643 (±$7) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 69.3% (±1.8 points) | 61.6% (±0.7 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $4,179 (±$109) | $3,404 (±$26) | $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 Macomb Township, the median cost with a mortgage is higher than in Macomb County ($1,628).
It is also higher than in Michigan ($1,569).
It is higher than the national figure ($1,963).
In Macomb County, Macomb Township ranks 2 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 63 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Macomb Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,811 (±$27) | $2,125 (±$49) | +17.3% | Down after inflation |
| Median real estate taxes | $3,385 (±$36) | $4,179 (±$109) | +23.5% | No measurable change after inflation |
| Median home value | $271,600 (±$2,987) | $387,000 (±$7,964) | +42.5% | 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 Macomb Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Macomb Township | — | $2,125 (±$49) | — |
| Mount Clemens | 5.5 mi | $1,433 (±$85) | Lower |
| Chesterfield Township | 5.6 mi | $1,742 (±$57) | Lower |
| Clinton Charter Township | 5.8 mi | $1,534 (±$42) | Lower |
| Shelby Charter Township | 6.1 mi | $1,991 (±$64) | Lower |
| Ray Township | 6.1 mi | $1,880 (±$162) | Lower |
| Utica | 6.3 mi | $1,575 (±$127) | Lower |
| New Haven | 7.2 mi | $1,872 (±$297) | Not measurably different |
| Harrison Charter Township | 7.9 mi | $1,697 (±$94) | Lower |
Nearby places with a measurably lower figure: Mount Clemens, MI ($1,433), Chesterfield Township, MI ($1,742), Clinton Charter Township, MI ($1,534).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Macomb County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Washington Charter Township | $2,277 (±$71) |
| 2 | Macomb Township | $2,125 (±$49) |
| 3 | Bruce Township (Macomb County) | $1,994 (±$213) |
| 4 | Shelby Charter Township | $1,991 (±$64) |
| 5 | New Baltimore | $1,953 (±$101) |
| 6 | Richmond Township (Macomb County) | $1,891 (±$183) |
| 7 | Ray Township | $1,880 (±$162) |
| 8 | Armada Township | $1,850 (±$80) |
Showing 8 of 23 places in Macomb 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 Macomb Township
What is the average mortgage payment in Macomb Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Macomb Township, MI is $2,125 (±$49) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Macomb Township?
Owners without a mortgage in Macomb Township pay a median of $729 (±$20) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Macomb Township gone up?
In Macomb Township, the median monthly cost with a mortgage went from $1,811 in 2015–2019 to $2,125 in 2020–2024 (+17.3%).
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 — Macomb township, Macomb County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Macomb township, Macomb County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Macomb township, Macomb County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Macomb township, Macomb County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Macomb township, Macomb 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 Macomb township, Macomb County, Michigan (county subdivision:50480, in state:26 county:099).
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 Macomb Township at a glance
- Median rent in Macomb Township
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- Rent burden in Macomb Township
- Renters and owners in Macomb Township
- Income and affordability in Macomb Township
- Home values in Macomb Township
- Property taxes in Macomb Township
- Types of homes in Macomb Township
- Bedrooms in Macomb Township
- Age of homes in Macomb Township
- Vacancy rate in Macomb Township
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- Commute and cars in Macomb Township
- Population growth in Macomb Township
- How long people stay in Macomb Township
- Crowding and facilities in Macomb Township
- Fair Market Rent in Macomb Township
- Michigan landlord and tenant rules
- Housing across Macomb County
- Housing data for every place in Michigan