How much do homeowners pay a month in French Lake Township, MN?
Homeowners with a mortgage in French Lake Township, MN pay a median of $1,866 (±$153) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $682 (±$52).
68.6% of owned homes carry a mortgage.
In French Lake Township, the median monthly cost with a mortgage went from $1,811 in 2015–2019 to $1,866 in 2020–2024 (+3.0%).
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
- $1,866 (±$153)
- Without a mortgage
- $682 (±$52)
- Owned with a mortgage
- 68.6%
Monthly owner costs in French Lake Township
| French Lake Township | Wright County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,866 (±$153) | $2,098 (±$39) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $682 (±$52) | $706 (±$23) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 68.6% (±7.7 points) | 71.1% (±1.4 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,644 (±$362) | $3,523 (±$67) | $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 French Lake Township, the median cost with a mortgage is lower than in Wright County ($2,098).
It is not measurably different from Minnesota ($1,947).
It is not measurably different from the national figure ($1,963).
In Wright County, French Lake Township ranks 26 of 34 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 829 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in French Lake Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,811 (±$145) | $1,866 (±$153) | +3.0% | Down after inflation |
| Median real estate taxes | $2,099 (±$244) | $2,644 (±$362) | +26.0% | No measurable change after inflation |
| Median home value | $296,500 (±$25,925) | $367,900 (±$49,515) | +24.1% | 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 French Lake Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| French Lake Township | — | $1,866 (±$153) | — |
| Kingston | 5.3 mi | $1,563 (±$279) | Not measurably different |
| Southside Township | 5.4 mi | $2,003 (±$327) | Not measurably different |
| Cokato Township | 5.6 mi | $1,813 (±$176) | Not measurably different |
| Annandale | 5.7 mi | $1,652 (±$349) | Not measurably different |
| Albion Township | 5.8 mi | $2,254 (±$187) | Higher |
| Kingston Township | 6.2 mi | $1,699 (±$97) | Not measurably different |
| South Haven | 6.7 mi | $1,575 (±$209) | Lower |
| Dassel Township | 8.0 mi | $2,078 (±$138) | Higher |
Nearby places with a measurably lower figure: South Haven, MN ($1,575).
Nearby places with a measurably higher figure: Albion Township, MN ($2,254), Dassel Township, MN ($2,078).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Wright County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 20 | Buffalo | $2,047 (±$105) |
| 21 | Buffalo Township | $2,044 (±$199) |
| 22 | Southside Township | $2,003 (±$327) |
| 23 | Clearwater Township | $1,948 (±$214) |
| 24 | Victor Township | $1,900 (±$283) |
| 25 | Rockford | $1,880 (±$211) |
| 26 | French Lake Township | $1,866 (±$153) |
| 27 | Clearwater | $1,835 (±$84) |
| 28 | Monticello | $1,817 (±$100) |
| 29 | Cokato Township | $1,813 (±$176) |
| 30 | Montrose | $1,729 (±$83) |
| 31 | Maple Lake | $1,726 (±$121) |
| 32 | Annandale | $1,652 (±$349) |
Showing 13 of 34 places in Wright 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 French Lake Township
What is the average mortgage payment in French Lake Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in French Lake Township, MN is $1,866 (±$153) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in French Lake Township?
Owners without a mortgage in French Lake Township pay a median of $682 (±$52) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in French Lake Township gone up?
In French Lake Township, the median monthly cost with a mortgage went from $1,811 in 2015–2019 to $1,866 in 2020–2024 (+3.0%).
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 — French Lake township, Wright County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — French Lake township, Wright County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — French Lake township, Wright County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — French Lake township, Wright County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — French Lake township, Wright 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 French Lake township, Wright County, Minnesota (county subdivision:22760, in state:27 county:171).
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 French Lake Township at a glance
- Income and affordability in French Lake Township
- Home values in French Lake Township
- Property taxes in French Lake Township
- Types of homes in French Lake Township
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- Age of homes in French Lake Township
- Heating fuel in French Lake Township
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- Population growth in French Lake Township
- How long people stay in French Lake Township
- Minnesota landlord and tenant rules
- Housing across Wright County
- Housing data for every place in Minnesota