How much do homeowners pay a month in Orion Charter Township, MI?

Homeowners with a mortgage in Orion Charter Township, MI pay a median of $2,086 (±$86) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $767 (±$48).

68.4% of owned homes carry a mortgage.

In Orion Charter Township, the median monthly cost with a mortgage went from $1,785 in 2015–2019 to $2,086 in 2020–2024 (+16.9%).

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
$2,086 (±$86)
Without a mortgage
$767 (±$48)
Owned with a mortgage
68.4%

Monthly owner costs in Orion Charter Township

Median selected monthly owner costs, estimate (90% margin of error)
Orion Charter TownshipOakland CountyMichiganUnited States
With a mortgage$2,086 (±$86)$1,998 (±$17)$1,569 (±$5)$1,963
Without a mortgage$767 (±$48)$778 (±$8)$602 (±$3)$638
Owned homes with a mortgage68.4% (±2.7 points)64.5% (±0.5 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$4,359 (±$227)$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 Orion Charter Township, 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, Orion Charter Township ranks 25 of 50 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 75 of 1,516.

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

How owner costs in Orion Charter Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,785 (±$41)$2,086 (±$86)+16.9%Down after inflation
Median real estate taxes$3,341 (±$104)$4,359 (±$227)+30.5%No measurable change after inflation
Median home value$269,100 (±$8,532)$369,900 (±$12,947)+37.5%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 Orion Charter Township

Nearest places with a published estimate, compared with Orion Charter Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Orion Charter Township—$2,086 (±$86)—
Oxford4.5 mi$2,082 (±$189)Not measurably different
Oakland Charter Township5.5 mi$2,727 (±$124)Higher
Lake Angelus5.5 mi$4,000 or more—
Auburn Hills5.8 mi$1,570 (±$111)Lower
Oxford Charter Township6.3 mi$2,165 (±$77)Not measurably different
Independence Charter Township6.6 mi$2,110 (±$72)Not measurably different
Pontiac7.5 mi$1,223 (±$48)Lower
Addison Township8.0 mi$2,145 (±$190)Not measurably different

Nearby places with a measurably lower figure: Auburn Hills, MI ($1,570), Pontiac, MI ($1,223).

Nearby places with a measurably higher figure: Oakland Charter Township, MI ($2,727).

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

RankPlaceMedian monthly cost with a mortgage
18 (tie)Troy$2,208 (±$67)
20Oxford Charter Township$2,165 (±$77)
21Addison Township$2,145 (±$190)
22Farmington Hills$2,125 (±$60)
23Independence Charter Township$2,110 (±$72)
24Springfield Charter Township$2,090 (±$98)
25Orion Charter Township$2,086 (±$86)
26Brandon Charter Township$2,044 (±$130)
27Commerce Charter Township$2,032 (±$78)
28Rose Township (Oakland County)$2,000 (±$155)
29Wixom$1,994 (±$124)
30Groveland Township$1,960 (±$180)
31Highland Charter Township$1,949 (±$93)

Showing 13 of 50 places in Oakland County, ranked from highest to lowest.

The figures for Orion Charter Township include the places inside it that have pages of their own: Lake Orion.

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 Orion Charter Township

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 Orion Charter Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Orion Charter Township, 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 Orion Charter Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Orion Charter Township

What is the average mortgage payment in Orion Charter Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Orion Charter Township, MI is $2,086 (±$86) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Orion Charter Township?

Owners without a mortgage in Orion Charter Township pay a median of $767 (±$48) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Orion Charter Township gone up?

In Orion Charter Township, the median monthly cost with a mortgage went from $1,785 in 2015–2019 to $2,086 in 2020–2024 (+16.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

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 Orion charter township, Oakland County, Michigan (county subdivision:61100, in state:26 county:125).

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.

Figures last updated on .

Related