How much do homeowners pay a month in Elizabeth Township, MN?
Homeowners with a mortgage in Elizabeth Township, MN pay a median of $1,958 (±$130) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $653 (±$65).
54.5% of owned homes carry a mortgage.
In Elizabeth Township, the median monthly cost with a mortgage went from $1,940 in 2015–2019 to $1,958 in 2020–2024 (+0.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $1,958 (±$130)
- Without a mortgage
- $653 (±$65)
- Owned with a mortgage
- 54.5%
Monthly owner costs in Elizabeth Township
| Elizabeth Township | Otter Tail County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,958 (±$130) | $1,594 (±$34) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $653 (±$65) | $579 (±$12) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 54.5% (±8.9 points) | 53.2% (±1.5 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,981 (±$312) | $2,093 (±$76) | $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 Elizabeth Township, the median cost with a mortgage is higher than in Otter Tail County ($1,594).
It is not measurably different from Minnesota ($1,947).
It is not measurably different from the national figure ($1,963).
In Otter Tail County, Elizabeth Township ranks 23 of 79 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 655 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Elizabeth Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,940 (±$164) | $1,958 (±$130) | +0.9% | Down after inflation |
| Median real estate taxes | $2,038 (±$213) | $2,981 (±$312) | +46.3% | Up after inflation |
| Median home value | $300,000 (±$20,704) | $395,500 (±$38,037) | +31.8% | 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 Elizabeth Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Elizabeth Township | — | $1,958 (±$130) | — |
| Elizabeth | 3.4 mi | $1,425 (±$247) | Lower |
| Friberg Township | 5.0 mi | $1,958 (±$200) | Not measurably different |
| Erhard | 5.2 mi | $1,188 (±$339) | Lower |
| Fergus Falls Township | 5.4 mi | $1,906 (±$415) | Not measurably different |
| Aurdal Township | 6.7 mi | $2,014 (±$338) | Not measurably different |
| Erhards Grove Township | 7.3 mi | $1,335 (±$105) | Lower |
| Oscar Township | 7.7 mi | $2,000 (±$450) | Not measurably different |
| Fergus Falls | 8.5 mi | $1,260 (±$97) | Lower |
Nearby places with a measurably lower figure: Elizabeth, MN ($1,425), Erhard, MN ($1,188), Erhards Grove Township, MN ($1,335).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Otter Tail County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 17 (tie) | Oscar Township | $2,000 (±$450) |
| 17 (tie) | Western Township | $2,000 (±$397) |
| 19 | Perham Township | $1,981 (±$233) |
| 20 | Inman Township | $1,977 (±$313) |
| 21 | Elmo Township | $1,975 (±$376) |
| 22 | Dora Township | $1,964 (±$109) |
| 23 (tie) | Elizabeth Township | $1,958 (±$130) |
| 23 (tie) | Friberg Township | $1,958 (±$200) |
| 25 | Fergus Falls Township | $1,906 (±$415) |
| 26 (tie) | Corliss Township | $1,900 (±$339) |
| 26 (tie) | Gorman Township | $1,900 (±$170) |
| 28 | Amor Township | $1,888 (±$285) |
| 29 | Otto Township | $1,864 (±$123) |
Showing 13 of 79 places in Otter Tail 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 Elizabeth Township
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Questions about Elizabeth Township
What is the average mortgage payment in Elizabeth Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Elizabeth Township, MN is $1,958 (±$130) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Elizabeth Township?
Owners without a mortgage in Elizabeth Township pay a median of $653 (±$65) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Elizabeth Township gone up?
In Elizabeth Township, the median monthly cost with a mortgage went from $1,940 in 2015–2019 to $1,958 in 2020–2024 (+0.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Elizabeth township, Otter Tail County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Elizabeth township, Otter Tail County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Elizabeth township, Otter Tail County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Elizabeth township, Otter Tail County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Elizabeth township, Otter Tail 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 Elizabeth township, Otter Tail County, Minnesota (county subdivision:18584, in state:27 county:111).
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 Elizabeth Township at a glance
- Renters and owners in Elizabeth Township
- Income and affordability in Elizabeth Township
- Home values in Elizabeth Township
- Property taxes in Elizabeth Township
- Types of homes in Elizabeth Township
- Bedrooms in Elizabeth Township
- Age of homes in Elizabeth Township
- Heating fuel in Elizabeth Township
- Commute and cars in Elizabeth Township
- How long people stay in Elizabeth Township
- Minnesota landlord and tenant rules
- Housing across Otter Tail County
- Housing data for every place in Minnesota