How much do homeowners pay a month in Tawas Township, MI?
Homeowners with a mortgage in Tawas Township, MI pay a median of $965 (±$90) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $454 (±$56).
60.3% of owned homes carry a mortgage.
In Tawas Township, the median monthly cost with a mortgage went from $1,022 in 2015–2019 to $965 in 2020–2024 (−5.6%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $965 (±$90)
- Without a mortgage
- $454 (±$56)
- Owned with a mortgage
- 60.3%
Monthly owner costs in Tawas Township
| Tawas Township | Iosco County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $965 (±$90) | $1,036 (±$54) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $454 (±$56) | $423 (±$20) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 60.3% (±7.3 points) | 45.0% (±2.8 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,363 (±$159) | $1,359 (±$48) | $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 Tawas Township, the median cost with a mortgage is not measurably different from Iosco County ($1,036).
It is also lower than in Michigan ($1,569).
It is lower than the national figure ($1,963).
In Iosco County, Tawas Township ranks 11 of 14 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1472 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Tawas Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,022 (±$82) | $965 (±$90) | −5.6% | Down after inflation |
| Median real estate taxes | $929 (±$62) | $1,363 (±$159) | +46.7% | Up after inflation |
| Median home value | $114,400 (±$7,862) | $159,000 (±$18,628) | +39.0% | 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 Tawas Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Tawas Township | — | $965 (±$90) | — |
| Tawas City | 3.8 mi | $1,038 (±$69) | Not measurably different |
| Sand Lake (community) | 4.5 mi | $940 (±$186) | Not measurably different |
| East Tawas | 5.4 mi | $955 (±$62) | Not measurably different |
| Baldwin Township (Iosco County) | 5.6 mi | $1,283 (±$367) | Not measurably different |
| Grant Township (Iosco County) | 6.0 mi | $940 (±$214) | Not measurably different |
| Alabaster Township | 6.2 mi | $1,478 (±$188) | Higher |
| Wilber Township | 7.1 mi | $1,227 (±$188) | Higher |
| Sherman Township (Iosco County) | 8.0 mi | $1,088 (±$254) | Not measurably different |
Nearby places with a measurably higher figure: Alabaster Township, MI ($1,478), Wilber Township, MI ($1,227).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Iosco County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Reno Township | $1,164 (±$196) |
| 6 | Sherman Township (Iosco County) | $1,088 (±$254) |
| 7 | Burleigh Township | $1,057 (±$306) |
| 8 | Tawas City | $1,038 (±$69) |
| 9 | Oscoda Charter Township | $1,032 (±$107) |
| 10 | Whittemore | $1,011 (±$210) |
| 11 | Tawas Township | $965 (±$90) |
| 12 | East Tawas | $955 (±$62) |
| 13 | Grant Township (Iosco County) | $940 (±$214) |
| 14 | Au Sable Charter Township | $765 (±$79) |
Showing 10 of 14 places in Iosco 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 Tawas Township
What is the average mortgage payment in Tawas Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Tawas Township, MI is $965 (±$90) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Tawas Township?
Owners without a mortgage in Tawas Township pay a median of $454 (±$56) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Tawas Township gone up?
In Tawas Township, the median monthly cost with a mortgage went from $1,022 in 2015–2019 to $965 in 2020–2024 (−5.6%).
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 — Tawas township, Iosco County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Tawas township, Iosco County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Tawas township, Iosco County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Tawas township, Iosco County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Tawas township, Iosco 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 Tawas township, Iosco County, Michigan (county subdivision:78100, in state:26 county:069).
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 Tawas Township at a glance
- Renters and owners in Tawas Township
- Income and affordability in Tawas Township
- Home values in Tawas Township
- Property taxes in Tawas Township
- Types of homes in Tawas Township
- Bedrooms in Tawas Township
- Age of homes in Tawas Township
- Heating fuel in Tawas Township
- Commute and cars in Tawas Township
- Population growth in Tawas Township
- How long people stay in Tawas Township
- Michigan landlord and tenant rules
- Housing across Iosco County
- Housing data for every place in Michigan