How much do homeowners pay a month in Island Lake Township (Mahnomen County), MN?
Homeowners with a mortgage in Island Lake Township (Mahnomen County), MN pay a median of $1,443 (±$137) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $722 (±$101).
48.5% of owned homes carry a mortgage.
In Island Lake Township (Mahnomen County), the median monthly cost with a mortgage went from $1,188 in 2015–2019 to $1,443 in 2020–2024 (+21.5%).
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
- $1,443 (±$137)
- Without a mortgage
- $722 (±$101)
- Owned with a mortgage
- 48.5%
Monthly owner costs in Island Lake Township (Mahnomen County)
| Island Lake Township (Mahnomen County) | Mahnomen County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,443 (±$137) | $1,335 (±$76) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $722 (±$101) | $529 (±$28) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 48.5% (±9.0 points) | 41.3% (±3.3 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,340 (±$281) | $1,509 (±$89) | $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 Island Lake Township (Mahnomen County), the median cost with a mortgage is not measurably different from Mahnomen County ($1,335).
It is also lower than in Minnesota ($1,947).
It is lower than the national figure ($1,963).
In Mahnomen County, Island Lake Township (Mahnomen County) ranks 10 of 18 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1800 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Island Lake Township (Mahnomen County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,188 (±$249) | $1,443 (±$137) | +21.5% | No measurable change after inflation |
| Median real estate taxes | $1,864 (±$476) | $2,340 (±$281) | +25.5% | No measurable change after inflation |
| Median home value | $160,000 (±$17,753) | $228,300 (±$35,024) | +42.7% | 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 Island Lake Township (Mahnomen County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Island Lake Township (Mahnomen County) | — | $1,443 (±$137) | — |
| Heier Township | 4.3 mi | $1,313 (±$411) | Not measurably different |
| Falk Township | 6.1 mi | $1,096 (±$185) | Lower |
| Clover Township (Mahnomen County) | 6.5 mi | $1,469 (±$937) | Not measurably different |
| Columbia Township | 6.5 mi | $1,823 (±$158) | Higher |
| Rosebud Township | 7.7 mi | $1,663 (±$515) | Not measurably different |
| Beaulieu Township | 7.9 mi | $1,417 (±$316) | Not measurably different |
| Popple Township | 8.5 mi | $1,384 (±$158) | Not measurably different |
| Fosston | 11 mi | $1,297 (±$100) | Not measurably different |
Nearby places with a measurably lower figure: Falk Township, MN ($1,096).
Nearby places with a measurably higher figure: Columbia Township, MN ($1,823).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Mahnomen County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 4 | Marsh Creek Township | $1,804 (±$107) |
| 5 | Twin Lakes Township (Mahnomen County) | $1,800 (±$696) |
| 6 | Rosedale Township | $1,688 (±$350) |
| 7 | Bejou Township | $1,611 (±$112) |
| 8 | Oakland Township (Mahnomen County) | $1,500 (±$209) |
| 9 | Clover Township (Mahnomen County) | $1,469 (±$937) |
| 10 | Island Lake Township (Mahnomen County) | $1,443 (±$137) |
| 11 | Beaulieu Township | $1,417 (±$316) |
| 12 | Little Elbow Township | $1,375 (±$1,302) |
| 13 | Heier Township | $1,313 (±$411) |
| 14 | La Garde Township | $1,281 (±$316) |
| 15 | Bejou | $1,219 (±$165) |
| 16 | Mahnomen | $1,125 (±$76) |
Showing 13 of 18 places in Mahnomen 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 Island Lake Township (Mahnomen County)
What is the average mortgage payment in Island Lake Township (Mahnomen County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Island Lake Township (Mahnomen County), MN is $1,443 (±$137) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Island Lake Township (Mahnomen County)?
Owners without a mortgage in Island Lake Township (Mahnomen County) pay a median of $722 (±$101) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Island Lake Township (Mahnomen County) gone up?
In Island Lake Township (Mahnomen County), the median monthly cost with a mortgage went from $1,188 in 2015–2019 to $1,443 in 2020–2024 (+21.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Island Lake township, Mahnomen County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Island Lake township, Mahnomen County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Island Lake township, Mahnomen County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Island Lake township, Mahnomen County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Island Lake township, Mahnomen 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 Island Lake township, Mahnomen County, Minnesota (county subdivision:31418, in state:27 county:087).
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 Island Lake Township (Mahnomen County) at a glance
- Home values in Island Lake Township (Mahnomen County)
- Property taxes in Island Lake Township (Mahnomen County)
- Types of homes in Island Lake Township (Mahnomen County)
- Bedrooms in Island Lake Township (Mahnomen County)
- Age of homes in Island Lake Township (Mahnomen County)
- Minnesota landlord and tenant rules
- Housing across Mahnomen County
- Housing data for every place in Minnesota