How much do homeowners pay a month in Spring Arbor, MI?
Homeowners with a mortgage in Spring Arbor, MI pay a median of $1,699 (±$203) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $808 (±$207).
50.8% of owned homes carry a mortgage.
In Spring Arbor, the median monthly cost with a mortgage went from $1,500 in 2015–2019 to $1,699 in 2020–2024 (+13.3%).
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
- $1,699 (±$203)
- Without a mortgage
- $808 (±$207)
- Owned with a mortgage
- 50.8%
Monthly owner costs in Spring Arbor
| Spring Arbor | Jackson County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,699 (±$203) | $1,377 (±$26) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $808 (±$207) | $557 (±$13) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 50.8% (±18.5 points) | 56.5% (±1.7 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,664 (±$716) | $2,432 (±$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 Spring Arbor, the median cost with a mortgage is higher than in Jackson County ($1,377).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Jackson County, Spring Arbor ranks 1 of 4 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 16 of 80.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Spring Arbor have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,500 (±$586) | $1,699 (±$203) | +13.3% | No measurable change after inflation |
| Median real estate taxes | $2,497 (±$279) | $3,664 (±$716) | +46.7% | No measurable change after inflation |
| Median home value | $180,700 (±$33,125) | $225,000 (±$25,905) | +24.5% | 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 Spring Arbor
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Spring Arbor | — | $1,699 (±$203) | — |
| Parma | 4.1 mi | $1,250 (±$187) | Lower |
| Concord Township | 4.7 mi | $1,376 (±$73) | Lower |
| Concord | 5.1 mi | $1,314 (±$197) | Lower |
| Sandstone Township | 5.6 mi | $1,675 (±$330) | Not measurably different |
| Hanover Township (Jackson County) | 6.0 mi | $1,460 (±$181) | Not measurably different |
| Summit Township (Jackson County) | 6.4 mi | $1,381 (±$89) | Lower |
| Hanover | 7.3 mi | $1,208 (±$256) | Lower |
| Parma Township | 7.9 mi | $1,302 (±$315) | Lower |
Nearby places with a measurably lower figure: Parma, MI ($1,250), Concord Township, MI ($1,376), Concord, MI ($1,314).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Jackson County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Spring Arbor | $1,699 (±$203) |
| 2 | Vineyard Lake | $1,383 (±$575) |
| 3 | Vandercook Lake | $1,188 (±$99) |
| 4 | Michigan Center | $1,113 (±$200) |
Spring Arbor is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Spring Arbor Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Spring Arbor
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Spring Arbor beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Spring Arbor, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Spring Arbor, and send estimates and invoices from your phone.
Questions about Spring Arbor
What is the average mortgage payment in Spring Arbor?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Spring Arbor, MI is $1,699 (±$203) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Spring Arbor?
Owners without a mortgage in Spring Arbor pay a median of $808 (±$207) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Spring Arbor gone up?
In Spring Arbor, the median monthly cost with a mortgage went from $1,500 in 2015–2019 to $1,699 in 2020–2024 (+13.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Arbor CDP, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Spring Arbor CDP, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Spring Arbor CDP, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Spring Arbor CDP, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spring Arbor CDP, 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 Spring Arbor CDP, Michigan (place:75620, in state:26).
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 Spring Arbor at a glance
- Renters and owners in Spring Arbor
- Income and affordability in Spring Arbor
- Home values in Spring Arbor
- Property taxes in Spring Arbor
- Types of homes in Spring Arbor
- Bedrooms in Spring Arbor
- Age of homes in Spring Arbor
- Heating fuel in Spring Arbor
- Commute and cars in Spring Arbor
- Population growth in Spring Arbor
- Michigan landlord and tenant rules
- Housing across Jackson County
- Housing data for every place in Michigan