How much do homeowners pay a month in Raber Township, MI?
Homeowners with a mortgage in Raber Township, MI pay a median of $1,027 (±$240) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $359 (±$105).
49.6% of owned homes carry a mortgage.
In Raber Township, the median monthly cost with a mortgage went from $1,118 in 2015–2019 to $1,027 in 2020–2024 (−8.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,027 (±$240)
- Without a mortgage
- $359 (±$105)
- Owned with a mortgage
- 49.6%
Monthly owner costs in Raber Township
| Raber Township | Chippewa County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,027 (±$240) | $1,207 (±$47) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $359 (±$105) | $470 (±$19) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 49.6% (±10.8 points) | 53.5% (±2.6 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,431 (±$178) | $2,038 (±$98) | $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 Raber Township, the median cost with a mortgage is not measurably different from Chippewa County ($1,207).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Chippewa County, Raber Township ranks 15 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1424 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Raber Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,118 (±$177) | $1,027 (±$240) | −8.1% | Down after inflation |
| Median real estate taxes | $1,407 (±$243) | $1,431 (±$178) | +1.7% | No measurable change after inflation |
| Median home value | $119,100 (±$17,185) | $113,200 (±$52,867) | −5.0% | 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 Raber Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Raber Township | — | $1,027 (±$240) | — |
| Pickford Township | 9.7 mi | $1,415 (±$129) | Higher |
| Detour Township | 10 mi | $1,755 (±$204) | Higher |
| Soo Township | 11 mi | $1,354 (±$180) | Higher |
| Clark Township | 12 mi | $1,316 (±$122) | Higher |
| De Tour Village | 14 mi | $1,850 (±$638) | Higher |
| Bruce Township (Chippewa County) | 16 mi | $1,303 (±$183) | Not measurably different |
| Kincheloe | 18 mi | $1,161 (±$80) | Not measurably different |
| Marquette Township | 20 mi | $1,060 (±$140) | Not measurably different |
Nearby places with a measurably higher figure: Pickford Township, MI ($1,415), Detour Township, MI ($1,755), Soo Township, MI ($1,354).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Chippewa County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 9 | Rudyard Township | $1,256 (±$175) |
| 10 | Kinross Charter Township | $1,238 (±$97) |
| 11 | Superior Township | $1,213 (±$117) |
| 12 | Sugar Island Township | $1,161 (±$101) |
| 13 | Whitefish Township | $1,131 (±$99) |
| 14 | Sault Ste. Marie | $1,064 (±$89) |
| 15 | Raber Township | $1,027 (±$240) |
| 16 | Chippewa Township (Chippewa County) | $891 (±$322) |
| 17 | Trout Lake Township | $830 (±$132) |
Showing 9 of 17 places in Chippewa 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 Raber Township
What is the average mortgage payment in Raber Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Raber Township, MI is $1,027 (±$240) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Raber Township?
Owners without a mortgage in Raber Township pay a median of $359 (±$105) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Raber Township gone up?
In Raber Township, the median monthly cost with a mortgage went from $1,118 in 2015–2019 to $1,027 in 2020–2024 (−8.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Raber township, Chippewa County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Raber township, Chippewa County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Raber township, Chippewa County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Raber township, Chippewa County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Raber township, Chippewa 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 Raber township, Chippewa County, Michigan (county subdivision:66760, in state:26 county:033).
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 Raber Township at a glance
- Income and affordability in Raber Township
- Home values in Raber Township
- Property taxes in Raber Township
- Types of homes in Raber Township
- Bedrooms in Raber Township
- Age of homes in Raber Township
- Heating fuel in Raber Township
- How long people stay in Raber Township
- Michigan landlord and tenant rules
- Housing across Chippewa County
- Housing data for every place in Michigan