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

Homeowners with a mortgage in Grand Lake Township, MN pay a median of $2,188 (±$246) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $674 (±$101).

55.7% of owned homes carry a mortgage.

In Grand Lake Township, the median monthly cost with a mortgage went from $1,629 in 2015–2019 to $2,188 in 2020–2024 (+34.3%).

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
$2,188 (±$246)
Without a mortgage
$674 (±$101)
Owned with a mortgage
55.7%

Monthly owner costs in Grand Lake Township

Median selected monthly owner costs, estimate (90% margin of error)
Grand Lake TownshipSt. Louis CountyMinnesotaUnited States
With a mortgage$2,188 (±$246)$1,558 (±$31)$1,947 (±$7)$1,963
Without a mortgage$674 (±$101)$577 (±$9)$698 (±$3)$638
Owned homes with a mortgage55.7% (±8.0 points)56.3% (±1.2 points)64.0% (±0.2 points)60.6%
Median real estate taxes (a year)$3,087 (±$313)$2,271 (±$46)$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 Grand Lake Township, the median cost with a mortgage is higher than in St. Louis County ($1,558).

It is not measurably different from Minnesota ($1,947).

It is not measurably different from the national figure ($1,963).

In St. Louis County, Grand Lake Township ranks 9 of 96 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 326 of 2,496.

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

How owner costs in Grand Lake 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$1,629 (±$80)$2,188 (±$246)+34.3%No measurable change after inflation
Median real estate taxes$2,615 (±$241)$3,087 (±$313)+18.0%No measurable change after inflation
Median home value$246,800 (±$19,001)$329,000 (±$28,980)+33.3%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 Grand Lake Township

Nearest places with a published estimate, compared with Grand Lake Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Grand Lake Township—$2,188 (±$246)—
Canosia Township5.8 mi$1,968 (±$308)Not measurably different
Industrial Township6.6 mi$1,730 (±$202)Lower
Fredenberg Township7.2 mi$2,365 (±$129)Not measurably different
New Independence Township7.6 mi$1,625 (±$112)Lower
Solway Township8.7 mi$1,837 (±$76)Lower
Northland Township (St. Louis County)11 mi$1,500 (±$503)Lower
Hermantown11 mi$2,224 (±$110)Not measurably different
Brevator Township11 mi$1,565 (±$208)Lower

Nearby places with a measurably lower figure: Industrial Township, MN ($1,730), New Independence Township, MN ($1,625), Solway Township, MN ($1,837).

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

Median monthly cost with a mortgage across St. Louis County, place by place

RankPlaceMedian monthly cost with a mortgage
3Fredenberg Township$2,365 (±$129)
4Beatty Township$2,321 (±$316)
5 (tie)Bassett Township$2,250 (±$1,313)
5 (tie)Fine Lakes Township$2,250 (±$995)
7Lakewood Township$2,226 (±$213)
8Hermantown$2,224 (±$110)
9 (tie)Grand Lake Township$2,188 (±$246)
9 (tie)Van Buren Township$2,188 (±$376)
11Great Scott Township$2,104 (±$222)
12Fayal Township$2,099 (±$302)
13Pequaywan Township$2,094 (±$364)
14North Star Township (St. Louis County)$2,083 (±$259)
15Greenwood Township (St. Louis County)$2,045 (±$275)

Showing 13 of 96 places in St. Louis 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 Grand Lake Township

What is the average mortgage payment in Grand Lake Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Grand Lake Township, MN is $2,188 (±$246) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Grand Lake Township pay a median of $674 (±$101) a month in taxes, insurance, utilities and fees.

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

In Grand Lake Township, the median monthly cost with a mortgage went from $1,629 in 2015–2019 to $2,188 in 2020–2024 (+34.3%).

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 Grand Lake township, St. Louis County, Minnesota (county subdivision:24956, in state:27 county:137).

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 .

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