How much do homeowners pay a month in Marengo Township, MI?
Homeowners with a mortgage in Marengo Township, MI pay a median of $1,568 (±$365) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $568 (±$86).
60.2% of owned homes carry a mortgage.
In Marengo Township, the median monthly cost with a mortgage went from $1,472 in 2015–2019 to $1,568 in 2020–2024 (+6.5%).
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
- $1,568 (±$365)
- Without a mortgage
- $568 (±$86)
- Owned with a mortgage
- 60.2%
Monthly owner costs in Marengo Township
| Marengo Township | Calhoun County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,568 (±$365) | $1,271 (±$33) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $568 (±$86) | $545 (±$13) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 60.2% (±7.8 points) | 59.4% (±1.5 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,429 (±$444) | $2,368 (±$57) | $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 Marengo Township, the median cost with a mortgage is not measurably different from Calhoun County ($1,271).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Calhoun County, Marengo Township ranks 5 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 414 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Marengo Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,472 (±$127) | $1,568 (±$365) | +6.5% | No measurable change after inflation |
| Median real estate taxes | $1,963 (±$189) | $2,429 (±$444) | +23.7% | No measurable change after inflation |
| Median home value | $154,800 (±$18,640) | $250,000 (±$42,260) | +61.5% | 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 Marengo Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Marengo Township | — | $1,568 (±$365) | — |
| Marshall | 5.1 mi | $1,416 (±$141) | Not measurably different |
| Sheridan Township (Calhoun County) | 5.3 mi | $1,130 (±$97) | Lower |
| Lee Township (Calhoun County) | 6.4 mi | $1,497 (±$178) | Not measurably different |
| Albion | 6.7 mi | $1,090 (±$87) | Lower |
| Eckford Township | 7.0 mi | $1,358 (±$234) | Not measurably different |
| Marshall Township | 7.0 mi | $1,683 (±$142) | Not measurably different |
| Clarence Township | 7.5 mi | $1,594 (±$194) | Not measurably different |
| Convis Township | 8.8 mi | $1,510 (±$197) | Not measurably different |
Nearby places with a measurably lower figure: Sheridan Township (Calhoun County), MI ($1,130), Albion, MI ($1,090).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Calhoun County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Newton Township (Calhoun County) | $1,898 (±$187) |
| 2 | Marshall Township | $1,683 (±$142) |
| 3 | Clarence Township | $1,594 (±$194) |
| 4 | Leroy Township (Calhoun County) | $1,580 (±$237) |
| 5 | Marengo Township | $1,568 (±$365) |
| 6 (tie) | Clarendon Township | $1,510 (±$448) |
| 6 (tie) | Convis Township | $1,510 (±$197) |
| 8 | Lee Township (Calhoun County) | $1,497 (±$178) |
| 9 | Fredonia Township | $1,424 (±$92) |
| 10 | Marshall | $1,416 (±$141) |
| 11 | Pennfield Charter Township | $1,409 (±$89) |
Showing 11 of 23 places in Calhoun 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 Marengo Township
What is the average mortgage payment in Marengo Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Marengo Township, MI is $1,568 (±$365) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Marengo Township?
Owners without a mortgage in Marengo Township pay a median of $568 (±$86) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Marengo Township gone up?
In Marengo Township, the median monthly cost with a mortgage went from $1,472 in 2015–2019 to $1,568 in 2020–2024 (+6.5%).
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 — Marengo township, Calhoun County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Marengo township, Calhoun County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Marengo township, Calhoun County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Marengo township, Calhoun County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Marengo township, Calhoun 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 Marengo township, Calhoun County, Michigan (county subdivision:51520, in state:26 county:025).
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 Marengo Township at a glance
- Median rent in Marengo Township
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- Income and affordability in Marengo Township
- Home values in Marengo Township
- Property taxes in Marengo Township
- Types of homes in Marengo Township
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- Heating fuel in Marengo Township
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- Population growth in Marengo Township
- How long people stay in Marengo Township
- Michigan landlord and tenant rules
- Housing across Calhoun County
- Housing data for every place in Michigan