How much do homeowners pay a month in Thomas Township, MI?
Homeowners with a mortgage in Thomas Township, MI pay a median of $1,502 (±$118) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $623 (±$36).
51.8% of owned homes carry a mortgage.
In Thomas Township, the median monthly cost with a mortgage went from $1,295 in 2015–2019 to $1,502 in 2020–2024 (+16.0%).
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
- $1,502 (±$118)
- Without a mortgage
- $623 (±$36)
- Owned with a mortgage
- 51.8%
Monthly owner costs in Thomas Township
| Thomas Township | Saginaw County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,502 (±$118) | $1,277 (±$33) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $623 (±$36) | $558 (±$8) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 51.8% (±5.0 points) | 50.4% (±1.3 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,902 (±$280) | $2,284 (±$52) | $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 Thomas Township, the median cost with a mortgage is higher than in Saginaw County ($1,277).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Saginaw County, Thomas Township ranks 9 of 29 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 493 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Thomas Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,295 (±$63) | $1,502 (±$118) | +16.0% | No measurable change after inflation |
| Median real estate taxes | $2,233 (±$150) | $2,902 (±$280) | +30.0% | No measurable change after inflation |
| Median home value | $145,700 (±$10,212) | $191,900 (±$20,982) | +31.7% | 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 Thomas Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Thomas Township | — | $1,502 (±$118) | — |
| Saginaw Charter Township | 4.8 mi | $1,310 (±$68) | Lower |
| Freeland | 5.5 mi | $1,735 (±$123) | Higher |
| Tittabawassee Township | 5.8 mi | $1,801 (±$120) | Higher |
| James Township | 5.9 mi | $1,205 (±$33) | Lower |
| Richland Township (Saginaw County) | 6.2 mi | $1,629 (±$239) | Not measurably different |
| Swan Creek Township | 6.2 mi | $1,455 (±$106) | Not measurably different |
| Hemlock | 6.3 mi | $1,490 (±$209) | Not measurably different |
| Kochville Township | 8.1 mi | $1,264 (±$125) | Lower |
Nearby places with a measurably lower figure: Saginaw Charter Township, MI ($1,310), James Township, MI ($1,205), Kochville Township, MI ($1,264).
Nearby places with a measurably higher figure: Freeland, MI ($1,735), Tittabawassee Township, MI ($1,801).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Saginaw County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 3 | Tittabawassee Township | $1,801 (±$120) |
| 4 | Fremont Township (Saginaw County) | $1,736 (±$228) |
| 5 | Richland Township (Saginaw County) | $1,629 (±$239) |
| 6 | Lakefield Township (Saginaw County) | $1,609 (±$212) |
| 7 | Maple Grove Township (Saginaw County) | $1,578 (±$99) |
| 8 | Taymouth Township | $1,553 (±$150) |
| 9 | Thomas Township | $1,502 (±$118) |
| 10 | Blumfield Township | $1,459 (±$65) |
| 11 | Swan Creek Township | $1,455 (±$106) |
| 12 | Albee Township | $1,432 (±$88) |
| 13 | Birch Run Township | $1,363 (±$155) |
| 14 | Brady Township (Saginaw County) | $1,361 (±$99) |
| 15 | Brant Township | $1,322 (±$125) |
Showing 13 of 29 places in Saginaw County, ranked from highest to lowest.
The figures for Thomas Township include the places inside it that have pages of their own: Shields.
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 Thomas Township
What is the average mortgage payment in Thomas Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Thomas Township, MI is $1,502 (±$118) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Thomas Township?
Owners without a mortgage in Thomas Township pay a median of $623 (±$36) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Thomas Township gone up?
In Thomas Township, the median monthly cost with a mortgage went from $1,295 in 2015–2019 to $1,502 in 2020–2024 (+16.0%).
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 — Thomas township, Saginaw County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Thomas township, Saginaw County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Thomas township, Saginaw 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 Thomas township, Saginaw County, Michigan (county subdivision:79520, in state:26 county:145).
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 Thomas Township at a glance
- Median rent in Thomas Township
- Rent by bedrooms in Thomas Township
- Rent burden in Thomas Township
- Renters and owners in Thomas Township
- Income and affordability in Thomas Township
- Home values in Thomas Township
- Property taxes in Thomas Township
- Types of homes in Thomas Township
- Bedrooms in Thomas Township
- Age of homes in Thomas Township
- Heating fuel in Thomas Township
- Commute and cars in Thomas Township
- Crime reported to police in Thomas Township
- Population growth in Thomas Township
- How long people stay in Thomas Township
- Crowding and facilities in Thomas Township
- Michigan landlord and tenant rules
- Housing across Saginaw County
- Housing data for every place in Michigan