How much do homeowners pay a month in Victor Township, MI?
Homeowners with a mortgage in Victor Township, MI pay a median of $1,498 (±$231) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $589 (±$86).
64.0% of owned homes carry a mortgage.
In Victor Township, the median monthly cost with a mortgage went from $1,403 in 2015–2019 to $1,498 in 2020–2024 (+6.8%).
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
- $1,498 (±$231)
- Without a mortgage
- $589 (±$86)
- Owned with a mortgage
- 64.0%
Monthly owner costs in Victor Township
| Victor Township | Clinton County | Michigan | United States | |
|---|---|---|---|---|
| With a mortgage | $1,498 (±$231) | $1,726 (±$45) | $1,569 (±$5) | $1,963 |
| Without a mortgage | $589 (±$86) | $625 (±$15) | $602 (±$3) | $638 |
| Owned homes with a mortgage | 64.0% (±8.5 points) | 60.5% (±2.0 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,280 (±$254) | $3,185 (±$94) | $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 Victor Township, the median cost with a mortgage is not measurably different from Clinton County ($1,726).
It is not measurably different from Michigan ($1,569).
It is lower than the national figure ($1,963).
In Clinton County, Victor Township ranks 13 of 19 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 503 of 1,516.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Victor Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,403 (±$127) | $1,498 (±$231) | +6.8% | No measurable change after inflation |
| Median real estate taxes | $2,717 (±$219) | $3,280 (±$254) | +20.7% | No measurable change after inflation |
| Median home value | $191,400 (±$24,434) | $288,400 (±$22,558) | +50.7% | 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 Victor Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Victor Township | — | $1,498 (±$231) | — |
| Laingsburg | 4.1 mi | $1,519 (±$156) | Not measurably different |
| Bath Charter Township | 5.4 mi | $1,687 (±$151) | Not measurably different |
| Bath | 5.5 mi | $1,389 (±$225) | Not measurably different |
| Sciota Township | 5.6 mi | $1,613 (±$145) | Not measurably different |
| Olive Township (Clinton County) | 5.9 mi | $1,821 (±$111) | Higher |
| Ovid Township (Clinton County) | 6.1 mi | $1,349 (±$297) | Not measurably different |
| Bingham Township (Clinton County) | 7.8 mi | $1,707 (±$182) | Not measurably different |
| DeWitt Charter Township | 7.8 mi | $1,831 (±$88) | Higher |
Nearby places with a measurably higher figure: Olive Township (Clinton County), MI ($1,821), DeWitt Charter Township, MI ($1,831).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Clinton County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 7 | Westphalia Township | $1,814 (±$116) |
| 8 | Bingham Township (Clinton County) | $1,707 (±$182) |
| 9 | Bengal Township | $1,696 (±$192) |
| 10 | Bath Charter Township | $1,687 (±$151) |
| 11 | Dallas Township | $1,612 (±$181) |
| 12 | Lebanon Township | $1,598 (±$143) |
| 13 | Victor Township | $1,498 (±$231) |
| 14 | Greenbush Township (Clinton County) | $1,418 (±$97) |
| 15 | St. Johns | $1,416 (±$61) |
| 16 | Essex Township | $1,364 (±$95) |
| 17 | Ovid Township (Clinton County) | $1,349 (±$297) |
| 18 | Duplain Township | $1,250 (±$153) |
| 19 | Ovid | $1,135 (±$66) |
Showing 13 of 19 places in Clinton County, ranked from highest to lowest.
The figures for Victor Township include the places inside it that have pages of their own: Lake Victoria.
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 Victor Township
What is the average mortgage payment in Victor Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Victor Township, MI is $1,498 (±$231) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Victor Township?
Owners without a mortgage in Victor Township pay a median of $589 (±$86) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Victor Township gone up?
In Victor Township, the median monthly cost with a mortgage went from $1,403 in 2015–2019 to $1,498 in 2020–2024 (+6.8%).
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 — Victor township, Clinton County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Victor township, Clinton County, Michigan
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Victor township, Clinton County, Michigan
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Victor township, Clinton County, Michigan
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Victor township, Clinton 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 Victor township, Clinton County, Michigan (county subdivision:82320, in state:26 county:037).
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 Victor Township at a glance
- Income and affordability in Victor Township
- Home values in Victor Township
- Property taxes in Victor Township
- Types of homes in Victor Township
- Bedrooms in Victor Township
- Age of homes in Victor Township
- Heating fuel in Victor Township
- Commute and cars in Victor Township
- Population growth in Victor Township
- How long people stay in Victor Township
- Michigan landlord and tenant rules
- Housing across Clinton County
- Housing data for every place in Michigan