How much do homeowners pay a month in Benton Township, MN?

Homeowners with a mortgage in Benton Township, MN pay a median of $2,164 (±$144) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $774 (±$76).

50.3% of owned homes carry a mortgage.

In Benton Township, the median monthly cost with a mortgage went from $1,926 in 2015–2019 to $2,164 in 2020–2024 (+12.4%).

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
$2,164 (±$144)
Without a mortgage
$774 (±$76)
Owned with a mortgage
50.3%

Monthly owner costs in Benton Township

Median selected monthly owner costs, estimate (90% margin of error)
Benton TownshipCarver CountyMinnesotaUnited States
With a mortgage$2,164 (±$144)$2,504 (±$55)$1,947 (±$7)$1,963
Without a mortgage$774 (±$76)$841 (±$25)$698 (±$3)$638
Owned homes with a mortgage50.3% (±8.0 points)71.3% (±1.5 points)64.0% (±0.2 points)60.6%
Median real estate taxes (a year)$3,009 (±$436)$4,501 (±$86)$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 Benton Township, the median cost with a mortgage is lower than in Carver County ($2,504).

It is also higher than in Minnesota ($1,947).

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

In Carver County, Benton Township ranks 15 of 21 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 352 of 2,496.

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

How owner costs in Benton 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$1,926 (±$218)$2,164 (±$144)+12.4%No measurable change after inflation
Median real estate taxes$2,321 (±$218)$3,009 (±$436)+29.6%No measurable change after inflation
Median home value$321,700 (±$37,965)$421,900 (±$47,678)+31.1%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 Benton Township

Nearest places with a published estimate, compared with Benton Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Benton Township—$2,164 (±$144)—
Cologne2.6 mi$2,238 (±$128)Not measurably different
Hancock Township3.2 mi$2,938 (±$385)Higher
Norwood Young America4.1 mi$1,831 (±$69)Lower
Young America Township5.6 mi$2,537 (±$355)Not measurably different
Hamburg6.3 mi$1,672 (±$114)Lower
Dahlgren Township6.5 mi$2,518 (±$288)Higher
Waconia6.6 mi$2,438 (±$160)Higher
Faxon Township7.5 mi$2,491 (±$236)Higher

Nearby places with a measurably lower figure: Norwood Young America, MN ($1,831), Hamburg, MN ($1,672).

Nearby places with a measurably higher figure: Hancock Township, MN ($2,938), Dahlgren Township, MN ($2,518), Waconia, MN ($2,438).

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

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

RankPlaceMedian monthly cost with a mortgage
9Watertown Township$2,506 (±$266)
10Chaska$2,504 (±$159)
11San Francisco Township$2,480 (±$241)
12Waconia$2,438 (±$160)
13Cologne$2,238 (±$128)
14Hollywood Township$2,202 (±$373)
15Benton Township$2,164 (±$144)
16Camden Township$2,125 (±$211)
17Mayer$2,072 (±$107)
18Watertown$1,964 (±$204)
19New Germany$1,875 (±$260)
20Norwood Young America$1,831 (±$69)
21Hamburg$1,672 (±$114)

Showing 13 of 21 places in Carver 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.

What you can do on Seayora in Benton 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 Benton Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

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

Join as a pro · Find a pro

Questions about Benton Township

What is the average mortgage payment in Benton Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Benton Township, MN is $2,164 (±$144) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Benton Township pay a median of $774 (±$76) a month in taxes, insurance, utilities and fees.

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

In Benton Township, the median monthly cost with a mortgage went from $1,926 in 2015–2019 to $2,164 in 2020–2024 (+12.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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 Benton township, Carver County, Minnesota (county subdivision:05266, in state:27 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