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

Homeowners with a mortgage in Polkton Charter Township, MI pay a median of $1,767 (±$161) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $713 (±$72).

60.9% of owned homes carry a mortgage.

In Polkton Charter Township, the median monthly cost with a mortgage went from $1,399 in 2015–2019 to $1,767 in 2020–2024 (+26.3%).

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
$1,767 (±$161)
Without a mortgage
$713 (±$72)
Owned with a mortgage
60.9%

Monthly owner costs in Polkton Charter Township

Median selected monthly owner costs, estimate (90% margin of error)
Polkton Charter TownshipOttawa CountyMichiganUnited States
With a mortgage$1,767 (±$161)$1,656 (±$21)$1,569 (±$5)$1,963
Without a mortgage$713 (±$72)$607 (±$13)$602 (±$3)$638
Owned homes with a mortgage60.9% (±7.1 points)60.9% (±1.1 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$3,565 (±$375)$3,313 (±$56)$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 Polkton Charter Township, the median cost with a mortgage is not measurably different from Ottawa County ($1,656).

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

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

In Ottawa County, Polkton Charter Township ranks 7 of 23 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 222 of 1,516.

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

How owner costs in Polkton 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$1,399 (±$63)$1,767 (±$161)+26.3%No measurable change after inflation
Median real estate taxes$2,622 (±$230)$3,565 (±$375)+36.0%No measurable change after inflation
Median home value$211,800 (±$21,700)$366,000 (±$29,690)+72.8%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 Polkton Charter Township

Nearest places with a published estimate, compared with Polkton Charter Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Polkton Charter Township—$1,767 (±$161)—
Coopersville2.0 mi$1,532 (±$76)Lower
Lamont4.8 mi$2,068 (±$841)Not measurably different
Crockery Township5.7 mi$1,499 (±$380)Not measurably different
Wright Township (Ottawa County)6.1 mi$1,886 (±$204)Not measurably different
Allendale6.2 mi$1,583 (±$100)Not measurably different
Allendale Charter Township6.3 mi$1,648 (±$86)Not measurably different
Ravenna Township6.9 mi$1,412 (±$108)Lower
Robinson Township7.7 mi$1,700 (±$135)Not measurably different

Nearby places with a measurably lower figure: Coopersville, MI ($1,532), Ravenna Township, MI ($1,412).

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

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

RankPlaceMedian monthly cost with a mortgage
1Jamestown Charter Township$2,301 (±$207)
2Wright Township (Ottawa County)$1,886 (±$204)
3Tallmadge Charter Township$1,860 (±$90)
4Port Sheldon Township$1,805 (±$177)
5Park Township (Ottawa County)$1,794 (±$186)
6Chester Township (Ottawa County)$1,793 (±$138)
7Polkton Charter Township$1,767 (±$161)
8Spring Lake Township$1,759 (±$145)
9Zeeland Charter Township$1,754 (±$190)
10Blendon Township$1,743 (±$184)
11Grand Haven Charter Township$1,732 (±$120)
12Ferrysburg$1,721 (±$173)
13Robinson Township$1,700 (±$135)

Showing 13 of 23 places in Ottawa 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 Polkton Charter Township

What is the average mortgage payment in Polkton Charter Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Polkton Charter Township, MI is $1,767 (±$161) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Polkton Charter Township pay a median of $713 (±$72) a month in taxes, insurance, utilities and fees.

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

In Polkton Charter Township, the median monthly cost with a mortgage went from $1,399 in 2015–2019 to $1,767 in 2020–2024 (+26.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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 Polkton charter township, Ottawa County, Michigan (county subdivision:65320, in state:26 county:139).

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 .

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