How much do homeowners pay a month in Weldon Township, MI?

Homeowners with a mortgage in Weldon Township, MI pay a median of $1,446 (±$139) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $474 (±$74).

58.2% of owned homes carry a mortgage.

In Weldon Township, the median monthly cost with a mortgage went from $913 in 2015–2019 to $1,446 in 2020–2024 (+58.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

With a mortgage
$1,446 (±$139)
Without a mortgage
$474 (±$74)
Owned with a mortgage
58.2%

Monthly owner costs in Weldon Township

Median selected monthly owner costs, estimate (90% margin of error)
Weldon TownshipBenzie CountyMichiganUnited States
With a mortgage$1,446 (±$139)$1,437 (±$48)$1,569 (±$5)$1,963
Without a mortgage$474 (±$74)$554 (±$21)$602 (±$3)$638
Owned homes with a mortgage58.2% (±10.7 points)56.8% (±2.3 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$2,143 (±$535)$2,262 (±$101)$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 Weldon Township, the median cost with a mortgage is not measurably different from Benzie County ($1,437).

It is not measurably different from Michigan ($1,569).

It is lower than the national figure ($1,963).

In Benzie County, Weldon Township ranks 6 of 13 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 620 of 1,516.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Weldon Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$913 (±$55)$1,446 (±$139)+58.4%Up after inflation
Median real estate taxes$1,015 (±$184)$2,143 (±$535)+111.1%Up after inflation
Median home value$108,800 (±$11,371)$237,000 (±$50,294)+117.8%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 Weldon Township

Nearest places with a published estimate, compared with Weldon Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Weldon Township—$1,446 (±$139)—
Joyfield Township4.6 mi$1,343 (±$137)Not measurably different
Springdale Township5.7 mi$1,485 (±$238)Not measurably different
Homestead Township6.0 mi$1,198 (±$150)Lower
Benzonia6.0 mi$1,338 (±$163)Not measurably different
Beulah6.6 mi$1,432 (±$140)Not measurably different
Copemish6.7 mi$1,196 (±$251)Not measurably different
Colfax Township (Benzie County)7.2 mi$1,234 (±$129)Lower
Honor7.3 mi$967 (±$231)Lower

Nearby places with a measurably lower figure: Homestead Township, MI ($1,198), Colfax Township (Benzie County), MI ($1,234), Honor, MI ($967).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Benzie County, place by place

RankPlaceMedian monthly cost with a mortgage
1Lake Township (Benzie County)$1,928 (±$282)
2Frankfort$1,698 (±$99)
3Benzonia Township$1,669 (±$202)
4Blaine Township$1,615 (±$84)
5Inland Township$1,543 (±$89)
6Weldon Township$1,446 (±$139)
7Gilmore Township (Benzie County)$1,426 (±$172)
8Crystal Lake Township$1,412 (±$284)
9Almira Township$1,385 (±$82)
10Platte Township$1,359 (±$418)
11Joyfield Township$1,343 (±$137)
12Colfax Township (Benzie County)$1,234 (±$129)

Showing 12 of 13 places in Benzie County, ranked from highest to lowest.

The figures for Weldon Township include the places inside it that have pages of their own: Thompsonville.

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 Weldon Township

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 Weldon Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Weldon Township, 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 Weldon Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Weldon Township

What is the average mortgage payment in Weldon Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Weldon Township, MI is $1,446 (±$139) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Weldon Township?

Owners without a mortgage in Weldon Township pay a median of $474 (±$74) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Weldon Township gone up?

In Weldon Township, the median monthly cost with a mortgage went from $913 in 2015–2019 to $1,446 in 2020–2024 (+58.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Sources

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 Weldon township, Benzie County, Michigan (county subdivision:85160, in state:26 county:019).

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.

Request a Census API 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