How much do homeowners pay a month in Plainfield Township, MI?
Homeowners with a mortgage in Plainfield Township, MI pay a median of $1,262 (±$128) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $483 (±$33).
38.8% of owned homes carry a mortgage.
In Plainfield Township, the median monthly cost with a mortgage went from $825 in 2015–2019 to $1,262 in 2020–2024 (+53.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $1,262 (±$128)
- Without a mortgage
- $483 (±$33)
- Owned with a mortgage
- 38.8%
Monthly owner costs in Plainfield Township
| Plainfield Township | Iosco County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,262 (±$128) | $1,036 (±$54) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $483 (±$33) | $423 (±$20) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 38.8% (±6.6 points) | 45.0% (±2.8 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,524 (±$230) | $1,359 (±$48) | $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 Plainfield Township, the median cost with a mortgage is higher than in Iosco County ($1,036).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Iosco County, Plainfield Township ranks 3 of 14 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1013 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Plainfield Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $825 (±$57) | $1,262 (±$128) | +53.0% | Up after inflation |
| Median real estate taxes | $994 (±$97) | $1,524 (±$230) | +53.3% | Up after inflation |
| Median home value | $89,100 (±$7,187) | $174,300 (±$22,063) | +95.6% | 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 Plainfield Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Plainfield Township | — | $1,262 (±$128) | — |
| Hill Township | 7.9 mi | $1,420 (±$149) | Not measurably different |
| Sand Lake (community) | 8.4 mi | $940 (±$186) | Lower |
| Curtis Township | 9.0 mi | $924 (±$92) | Lower |
| Grant Township (Iosco County) | 9.1 mi | $940 (±$214) | Lower |
| Goodar Township | 9.3 mi | $1,039 (±$175) | Lower |
| Reno Township | 9.7 mi | $1,164 (±$196) | Not measurably different |
| Oscoda Charter Township | 12 mi | $1,032 (±$107) | Lower |
| Logan Township (Ogemaw County) | 12 mi | $913 (±$214) | Lower |
Nearby places with a measurably lower figure: Sand Lake (community), MI ($940), Curtis Township, MI ($924), Grant Township (Iosco County), MI ($940).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Iosco County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Alabaster Township | $1,478 (±$188) |
| 2 | Baldwin Township (Iosco County) | $1,283 (±$367) |
| 3 | Plainfield Township | $1,262 (±$128) |
| 4 | Wilber Township | $1,227 (±$188) |
| 5 | Reno Township | $1,164 (±$196) |
| 6 | Sherman Township (Iosco County) | $1,088 (±$254) |
| 7 | Burleigh Township | $1,057 (±$306) |
| 8 | Tawas City | $1,038 (±$69) |
| 9 | Oscoda Charter Township | $1,032 (±$107) |
Showing 9 of 14 places in Iosco 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 Plainfield Township
What is the average mortgage payment in Plainfield Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Plainfield Township, MI is $1,262 (±$128) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Plainfield Township?
Owners without a mortgage in Plainfield Township pay a median of $483 (±$33) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Plainfield Township gone up?
In Plainfield Township, the median monthly cost with a mortgage went from $825 in 2015–2019 to $1,262 in 2020–2024 (+53.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Plainfield township, Iosco County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Plainfield township, Iosco County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Plainfield township, Iosco County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Plainfield township, Iosco County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Plainfield township, Iosco 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 Plainfield township, Iosco County, Michigan (county subdivision:64640, in state:26 county:069).
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 Plainfield Township at a glance
- Median rent in Plainfield Township
- Renters and owners in Plainfield Township
- Income and affordability in Plainfield Township
- Home values in Plainfield Township
- Property taxes in Plainfield Township
- Types of homes in Plainfield Township
- Bedrooms in Plainfield Township
- Age of homes in Plainfield Township
- Heating fuel in Plainfield Township
- Commute and cars in Plainfield Township
- Population growth in Plainfield Township
- How long people stay in Plainfield Township
- Crowding and facilities in Plainfield Township
- Michigan landlord and tenant rules
- Housing across Iosco County
- Housing data for every place in Michigan