How much do homeowners pay a month in Orchard Lake Village, MI?

Name: Homeowner costs in Orchard Lake Village, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Orchard Lake Village, MI pay a median of $3,422 (±$397) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,500 or more.

62.0% of owned homes carry a mortgage.

In Orchard Lake Village, the median monthly cost with a mortgage went from $3,500 in 2015–2019 to $3,422 in 2020–2024 (−2.2%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Figures last updated on November 12, 2026.

With a mortgage: $3,422 (±$397)
Without a mortgage: $1,500 or more
Owned with a mortgage: 62.0%

Monthly owner costs in Orchard Lake Village

Median selected monthly owner costs, estimate (90% margin of error)
	Orchard Lake Village	Oakland County	Michigan	United States
With a mortgage	$3,422 (±$397)	$1,998 (±$17)	$1,569 (±$5)	$1,963
Without a mortgage	$1,500 or more	$778 (±$8)	$602 (±$3)	$638
Owned homes with a mortgage	62.0% (±8.7 points)	64.5% (±0.5 points)	57.8% (±0.2 points)	60.6%
Median real estate taxes (a year)	$8,853 (±$956)	$4,371 (±$39)	$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 Orchard Lake Village, the median cost with a mortgage is higher than in Oakland County ($1,998).

It is also higher than in Michigan ($1,569).

It is higher than the national figure ($1,963).

In Oakland County, Orchard Lake Village ranks 4 of 50 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 7 of 1,516.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Orchard Lake Village have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$3,500 (±$387)	$3,422 (±$397)	−2.2%	Down after inflation
Median real estate taxes	$7,334 (±$1,178)	$8,853 (±$956)	+20.7%	No measurable change after inflation
Median home value	$645,500 (±$109,093)	$737,000 (±$103,262)	+14.2%	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 Orchard Lake Village

Nearest places with a published estimate, compared with Orchard Lake Village
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Orchard Lake Village	—	$3,422 (±$397)	—
West Bloomfield Charter Township	1.8 mi	$2,396 (±$61)	Lower
Keego Harbor	1.8 mi	$1,845 (±$235)	Lower
Sylvan Lake	2.7 mi	$2,229 (±$305)	Lower
Bloomfield Charter Township	5.0 mi	$3,131 (±$152)	Not measurably different
Waterford Charter Township	5.1 mi	$1,586 (±$34)	Lower
Pontiac	5.9 mi	$1,223 (±$48)	Lower
Franklin	6.0 mi	$3,244 (±$311)	Not measurably different
Walled Lake	6.3 mi	$1,634 (±$180)	Lower

Nearby places with a measurably lower figure: West Bloomfield Charter Township, MI ($2,396), Keego Harbor, MI ($1,845), Sylvan Lake, MI ($2,229).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Oakland County, place by place

Rank	Place	Median monthly cost with a mortgage
1 (tie)	Bloomfield Hills	$4,000 or more
1 (tie)	Lake Angelus	$4,000 or more
3	Birmingham	$3,461 (±$241)
4	Orchard Lake Village	$3,422 (±$397)
5	Bloomfield Charter Township	$3,131 (±$152)
6	Southfield Township	$2,850 (±$118)
7	Oakland Charter Township	$2,727 (±$124)
8	Huntington Woods	$2,720 (±$166)
9	Novi Township	$2,588 (±$282)
10	Lyon Charter Township	$2,524 (±$133)

Showing 10 of 50 places in Oakland 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 Orchard Lake Village

What is the average mortgage payment in Orchard Lake Village?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Orchard Lake Village, MI is $3,422 (±$397) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Orchard Lake Village?

Owners without a mortgage in Orchard Lake Village pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Orchard Lake Village gone up?

In Orchard Lake Village, the median monthly cost with a mortgage went from $3,500 in 2015–2019 to $3,422 in 2020–2024 (−2.2%).

Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.

Sources

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 Orchard Lake Village city, Michigan (place:61020, 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.

Request a Census API 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.