How much do homeowners pay a month in Austin Township, MN?
Homeowners with a mortgage in Austin Township, MN pay a median of $1,439 (±$158) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $550 (±$90).
58.6% of owned homes carry a mortgage.
In Austin Township, the median monthly cost with a mortgage went from $1,469 in 2015–2019 to $1,439 in 2020–2024 (−2.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,439 (±$158)
- Without a mortgage
- $550 (±$90)
- Owned with a mortgage
- 58.6%
Monthly owner costs in Austin Township
| Austin Township | Mower County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,439 (±$158) | $1,381 (±$47) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $550 (±$90) | $576 (±$21) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 58.6% (±8.8 points) | 60.1% (±2.0 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,709 (±$247) | $1,907 (±$75) | $3,357 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Austin Township, the median cost with a mortgage is not measurably different from Mower County ($1,381).
It is also lower than in Minnesota ($1,947).
It is lower than the national figure ($1,963).
In Mower County, Austin Township ranks 22 of 33 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1803 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Austin Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,469 (±$264) | $1,439 (±$158) | −2.0% | Down after inflation |
| Median real estate taxes | $1,436 (±$228) | $1,709 (±$247) | +19.0% | No measurable change after inflation |
| Median home value | $165,100 (±$20,381) | $229,800 (±$11,325) | +39.2% | 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 Austin Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Austin Township | — | $1,439 (±$158) | — |
| Austin | 3.6 mi | $1,292 (±$63) | Not measurably different |
| Mapleview | 4.8 mi | $650 (±$628) | Lower |
| Lyle Township | 5.3 mi | $1,828 (±$254) | Higher |
| Windom Township | 6.1 mi | $1,510 (±$268) | Not measurably different |
| Oakland Township (Freeborn County) | 6.1 mi | $1,458 (±$295) | Not measurably different |
| Lansing Township | 7.0 mi | $1,803 (±$206) | Higher |
| London Township | 7.9 mi | $1,938 (±$260) | Higher |
| Nevada Township | 8.1 mi | $1,491 (±$699) | Not measurably different |
Nearby places with a measurably lower figure: Mapleview, MN ($650).
Nearby places with a measurably higher figure: Lyle Township, MN ($1,828), Lansing Township, MN ($1,803), London Township, MN ($1,938).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Mower County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 16 | Racine | $1,787 (±$157) |
| 17 | Bennington Township | $1,775 (±$284) |
| 18 | Le Roy Township | $1,673 (±$222) |
| 19 | Windom Township | $1,510 (±$268) |
| 20 | Nevada Township | $1,491 (±$699) |
| 21 | Rose Creek | $1,487 (±$260) |
| 22 | Austin Township | $1,439 (±$158) |
| 23 | Grand Meadow | $1,432 (±$71) |
| 24 | Adams | $1,418 (±$301) |
| 25 | Sargeant | $1,375 (±$236) |
| 26 | Dexter | $1,352 (±$175) |
| 27 | Austin | $1,292 (±$63) |
| 28 | Elkton | $1,250 (±$190) |
Showing 13 of 33 places in Mower 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 Austin Township
What is the average mortgage payment in Austin Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Austin Township, MN is $1,439 (±$158) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Austin Township?
Owners without a mortgage in Austin Township pay a median of $550 (±$90) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Austin Township gone up?
In Austin Township, the median monthly cost with a mortgage went from $1,469 in 2015–2019 to $1,439 in 2020–2024 (−2.0%).
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 — Austin township, Mower County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Austin township, Mower County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Austin township, Mower County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Austin township, Mower County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Austin township, Mower County, Minnesota
- 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 Austin township, Mower County, Minnesota (county subdivision:02926, in state:27 county:099).
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 Austin Township at a glance
- Renters and owners in Austin Township
- Income and affordability in Austin Township
- Home values in Austin Township
- Property taxes in Austin Township
- Types of homes in Austin Township
- Bedrooms in Austin Township
- Age of homes in Austin Township
- Heating fuel in Austin Township
- Commute and cars in Austin Township
- Minnesota landlord and tenant rules
- Housing across Mower County
- Housing data for every place in Minnesota