How much do homeowners pay a month in Scipio Township, MI?
Homeowners with a mortgage in Scipio Township, MI pay a median of $1,239 (±$172) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $539 (±$77).
54.9% of owned homes carry a mortgage.
In Scipio Township, the median monthly cost with a mortgage went from $1,191 in 2015–2019 to $1,239 in 2020–2024 (+4.0%).
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
- $1,239 (±$172)
- Without a mortgage
- $539 (±$77)
- Owned with a mortgage
- 54.9%
Monthly owner costs in Scipio Township
| Scipio Township | Hillsdale County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,239 (±$172) | $1,239 (±$39) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $539 (±$77) | $492 (±$14) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 54.9% (±9.7 points) | 57.6% (±2.1 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,660 (±$316) | $1,738 (±$49) | $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 Scipio Township, the median cost with a mortgage is not measurably different from Hillsdale County ($1,239).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Hillsdale County, Scipio Township ranks 11 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1052 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Scipio Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,191 (±$76) | $1,239 (±$172) | +4.0% | Down after inflation |
| Median real estate taxes | $1,420 (±$95) | $1,660 (±$316) | +16.9% | No measurable change after inflation |
| Median home value | $119,100 (±$13,328) | $123,100 (±$51,189) | +3.4% | 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 Scipio Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Scipio Township | — | $1,239 (±$172) | — |
| Jonesville | 4.1 mi | $1,216 (±$128) | Not measurably different |
| Fayette Township | 4.5 mi | $1,586 (±$244) | Higher |
| Litchfield | 5.6 mi | $1,019 (±$92) | Lower |
| Pulaski Township | 5.8 mi | $1,280 (±$133) | Not measurably different |
| Moscow Township | 6.3 mi | $1,257 (±$151) | Not measurably different |
| Hanover | 6.3 mi | $1,208 (±$256) | Not measurably different |
| Litchfield Township | 6.4 mi | $1,340 (±$159) | Not measurably different |
| Hillsdale | 7.5 mi | $1,125 (±$107) | Not measurably different |
Nearby places with a measurably lower figure: Litchfield, MI ($1,019).
Nearby places with a measurably higher figure: Fayette Township, MI ($1,586).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Hillsdale County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Amboy Township | $1,379 (±$93) |
| 6 (tie) | Allen Township | $1,375 (±$167) |
| 6 (tie) | Cambria Township | $1,375 (±$239) |
| 8 | Reading Township | $1,344 (±$78) |
| 9 | Litchfield Township | $1,340 (±$159) |
| 10 | Moscow Township | $1,257 (±$151) |
| 11 | Scipio Township | $1,239 (±$172) |
| 12 | Jonesville | $1,216 (±$128) |
| 13 | Camden Township | $1,178 (±$130) |
| 14 | Pittsford Township | $1,165 (±$122) |
| 15 | Woodbridge Township | $1,158 (±$110) |
| 16 | Hillsdale | $1,125 (±$107) |
| 17 | Jefferson Township (Hillsdale County) | $1,118 (±$116) |
Showing 13 of 22 places in Hillsdale 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 Scipio Township
What is the average mortgage payment in Scipio Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Scipio Township, MI is $1,239 (±$172) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Scipio Township?
Owners without a mortgage in Scipio Township pay a median of $539 (±$77) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Scipio Township gone up?
In Scipio Township, the median monthly cost with a mortgage went from $1,191 in 2015–2019 to $1,239 in 2020–2024 (+4.0%).
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 — Scipio township, Hillsdale County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Scipio township, Hillsdale County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Scipio township, Hillsdale County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Scipio township, Hillsdale County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Scipio township, Hillsdale 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 Scipio township, Hillsdale County, Michigan (county subdivision:71980, in state:26 county:059).
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 Scipio Township at a glance
- Median rent in Scipio Township
- Renters and owners in Scipio Township
- Income and affordability in Scipio Township
- Home values in Scipio Township
- Property taxes in Scipio Township
- Types of homes in Scipio Township
- Bedrooms in Scipio Township
- Age of homes in Scipio Township
- Heating fuel in Scipio Township
- Commute and cars in Scipio Township
- Population growth in Scipio Township
- How long people stay in Scipio Township
- Michigan landlord and tenant rules
- Housing across Hillsdale County
- Housing data for every place in Michigan