How much do homeowners pay a month in North Branch, MI?
Homeowners with a mortgage in North Branch, MI pay a median of $1,229 (±$107) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $512 (±$97).
67.7% of owned homes carry a mortgage.
In North Branch, the median monthly cost with a mortgage went from $984 in 2015–2019 to $1,229 in 2020–2024 (+24.9%).
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
- $1,229 (±$107)
- Without a mortgage
- $512 (±$97)
- Owned with a mortgage
- 67.7%
Monthly owner costs in North Branch
| North Branch | Lapeer County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,229 (±$107) | $1,512 (±$39) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $512 (±$97) | $547 (±$16) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 67.7% (±11.1 points) | 59.6% (±2.1 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,185 (±$396) | $2,202 (±$73) | $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 North Branch, the median cost with a mortgage is lower than in Lapeer County ($1,512).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Lapeer County, North Branch ranks 4 of 7 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 113 of 252.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in North Branch have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $984 (±$94) | $1,229 (±$107) | +24.9% | No measurable change after inflation |
| Median real estate taxes | $1,687 (±$127) | $2,185 (±$396) | +29.5% | No measurable change after inflation |
| Median home value | $77,800 (±$7,981) | $152,000 (±$40,318) | +95.4% | 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 North Branch
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| North Branch | — | $1,229 (±$107) | — |
| Burlington Township (Lapeer County) | 3.6 mi | $1,215 (±$141) | Not measurably different |
| Deerfield Township (Lapeer County) | 5.5 mi | $1,404 (±$113) | Higher |
| Clifford | 6.0 mi | $1,142 (±$122) | Not measurably different |
| Rich Township | 6.2 mi | $1,642 (±$183) | Higher |
| Burnside Township | 6.5 mi | $1,384 (±$126) | Not measurably different |
| Arcadia Township (Lapeer County) | 8.5 mi | $1,496 (±$102) | Higher |
| Fostoria | 8.7 mi | $1,291 (±$177) | Not measurably different |
| Marlette | 8.8 mi | $1,130 (±$51) | Not measurably different |
Nearby places with a measurably higher figure: Deerfield Township (Lapeer County), MI ($1,404), Rich Township, MI ($1,642), Arcadia Township (Lapeer County), MI ($1,496).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Lapeer County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Almont | $1,617 (±$69) |
| 2 | Metamora | $1,579 (±$123) |
| 3 | Dryden | $1,403 (±$312) |
| 4 | North Branch | $1,229 (±$107) |
| 5 | Otter Lake | $1,214 (±$119) |
| 6 | Columbiaville | $1,179 (±$133) |
| 7 | Clifford | $1,142 (±$122) |
North Branch lies inside North Branch Township, whose figures include it, so it is ranked only against places like it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in North Branch
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for North Branch beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near North Branch, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near North Branch, and send estimates and invoices from your phone.
Questions about North Branch
What is the average mortgage payment in North Branch?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in North Branch, MI is $1,229 (±$107) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in North Branch?
Owners without a mortgage in North Branch pay a median of $512 (±$97) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in North Branch gone up?
In North Branch, the median monthly cost with a mortgage went from $984 in 2015–2019 to $1,229 in 2020–2024 (+24.9%).
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 — North Branch village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — North Branch village, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — North Branch village, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — North Branch village, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Branch village, 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 North Branch village, Michigan (place:58080, in state:26).
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 North Branch at a glance
- Median rent in North Branch
- Renters and owners in North Branch
- Income and affordability in North Branch
- Home values in North Branch
- Property taxes in North Branch
- Types of homes in North Branch
- Bedrooms in North Branch
- Age of homes in North Branch
- Heating fuel in North Branch
- Commute and cars in North Branch
- Population growth in North Branch
- How long people stay in North Branch
- Michigan landlord and tenant rules
- Housing across Lapeer County
- Housing data for every place in Michigan