How much do homeowners pay a month in Rome Township, MI?
Homeowners with a mortgage in Rome Township, MI pay a median of $1,464 (±$115) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $576 (±$23).
59.5% of owned homes carry a mortgage.
In Rome Township, the median monthly cost with a mortgage went from $1,403 in 2015–2019 to $1,464 in 2020–2024 (+4.3%).
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
- $1,464 (±$115)
- Without a mortgage
- $576 (±$23)
- Owned with a mortgage
- 59.5%
Monthly owner costs in Rome Township
| Rome Township | Lenawee County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,464 (±$115) | $1,409 (±$31) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $576 (±$23) | $566 (±$14) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 59.5% (±7.5 points) | 60.5% (±1.6 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,444 (±$205) | $2,492 (±$46) | $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 Rome Township, the median cost with a mortgage is not measurably different from Lenawee County ($1,409).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Lenawee County, Rome Township ranks 11 of 26 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 568 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Rome Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,403 (±$89) | $1,464 (±$115) | +4.3% | Down after inflation |
| Median real estate taxes | $1,894 (±$183) | $2,444 (±$205) | +29.0% | No measurable change after inflation |
| Median home value | $166,200 (±$13,522) | $244,000 (±$32,098) | +46.8% | 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 Rome Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Rome Township | — | $1,464 (±$115) | — |
| Onsted | 4.4 mi | $1,241 (±$303) | Not measurably different |
| Cambridge Township | 5.6 mi | $1,453 (±$59) | Not measurably different |
| Manitou Beach-Devils Lake | 5.6 mi | $1,400 (±$69) | Not measurably different |
| Adrian Township | 5.7 mi | $1,393 (±$272) | Not measurably different |
| Rollin Township | 5.9 mi | $1,429 (±$102) | Not measurably different |
| Dover Township (Lenawee County) | 5.9 mi | $1,492 (±$286) | Not measurably different |
| Clayton | 6.0 mi | $1,133 (±$95) | Lower |
| Adrian | 7.8 mi | $1,154 (±$60) | Lower |
Nearby places with a measurably lower figure: Clayton, MI ($1,133), Adrian, MI ($1,154).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Lenawee County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Raisin Township | $1,592 (±$61) |
| 6 | Macon Township | $1,586 (±$292) |
| 7 | Woodstock Township | $1,582 (±$84) |
| 8 | Blissfield Township | $1,548 (±$82) |
| 9 | Dover Township (Lenawee County) | $1,492 (±$286) |
| 10 | Tecumseh | $1,487 (±$128) |
| 11 | Rome Township | $1,464 (±$115) |
| 12 | Cambridge Township | $1,453 (±$59) |
| 13 | Ridgeway Township | $1,443 (±$125) |
| 14 | Clinton Township (Lenawee County) | $1,438 (±$90) |
| 15 | Rollin Township | $1,429 (±$102) |
| 16 | Medina Township | $1,402 (±$200) |
| 17 | Adrian Township | $1,393 (±$272) |
Showing 13 of 26 places in Lenawee 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 Rome Township
What is the average mortgage payment in Rome Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Rome Township, MI is $1,464 (±$115) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Rome Township?
Owners without a mortgage in Rome Township pay a median of $576 (±$23) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Rome Township gone up?
In Rome Township, the median monthly cost with a mortgage went from $1,403 in 2015–2019 to $1,464 in 2020–2024 (+4.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rome township, Lenawee County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Rome township, Lenawee County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Rome township, Lenawee County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Rome township, Lenawee County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Rome township, Lenawee 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 Rome township, Lenawee County, Michigan (county subdivision:69360, in state:26 county:091).
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 Rome Township at a glance
- Income and affordability in Rome Township
- Home values in Rome Township
- Property taxes in Rome Township
- Types of homes in Rome Township
- Bedrooms in Rome Township
- Age of homes in Rome Township
- Heating fuel in Rome Township
- Commute and cars in Rome Township
- Population growth in Rome Township
- Michigan landlord and tenant rules
- Housing across Lenawee County
- Housing data for every place in Michigan