How much do homeowners pay a month in Lake View Township, MN?
Homeowners with a mortgage in Lake View Township, MN pay a median of $2,016 (±$233) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $632 (±$65).
52.0% of owned homes carry a mortgage.
In Lake View Township, the median monthly cost with a mortgage went from $1,627 in 2015–2019 to $2,016 in 2020–2024 (+23.9%).
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
- $2,016 (±$233)
- Without a mortgage
- $632 (±$65)
- Owned with a mortgage
- 52.0%
Monthly owner costs in Lake View Township
| Lake View Township | Becker County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $2,016 (±$233) | $1,691 (±$46) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $632 (±$65) | $580 (±$22) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 52.0% (±8.0 points) | 56.1% (±1.9 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,786 (±$306) | $2,014 (±$96) | $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 Lake View Township, the median cost with a mortgage is higher than in Becker County ($1,691).
It is not measurably different from Minnesota ($1,947).
It is not measurably different from the national figure ($1,963).
In Becker County, Lake View Township ranks 8 of 44 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 558 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lake View Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,627 (±$177) | $2,016 (±$233) | +23.9% | No measurable change after inflation |
| Median real estate taxes | $1,905 (±$274) | $2,786 (±$306) | +46.2% | No measurable change after inflation |
| Median home value | $293,700 (±$23,566) | $392,100 (±$31,662) | +33.5% | 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 Lake View Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lake View Township | — | $2,016 (±$233) | — |
| Detroit Lakes | 4.1 mi | $1,636 (±$106) | Lower |
| Lake Eunice Township | 5.1 mi | $1,859 (±$168) | Not measurably different |
| Candor Township | 5.1 mi | $2,060 (±$328) | Not measurably different |
| Burlington Township | 6.0 mi | $1,618 (±$193) | Lower |
| Dunn Township | 7.4 mi | $2,292 (±$402) | Not measurably different |
| Detroit Township | 7.4 mi | $2,021 (±$305) | Not measurably different |
| Hobart Township | 7.7 mi | $2,073 (±$293) | Not measurably different |
| Vergas | 7.7 mi | $1,625 (±$293) | Lower |
Nearby places with a measurably lower figure: Detroit Lakes, MN ($1,636), Burlington Township, MN ($1,618), Vergas, MN ($1,625).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Becker County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 2 | Cormorant Township | $2,139 (±$156) |
| 3 | Cuba Township | $2,107 (±$154) |
| 4 | Lake Park Township | $2,106 (±$150) |
| 5 | Audubon Township | $2,073 (±$380) |
| 6 | Atlanta Township | $2,063 (±$870) |
| 7 | Detroit Township | $2,021 (±$305) |
| 8 | Lake View Township | $2,016 (±$233) |
| 9 | Spring Creek Township (Becker County) | $2,000 (±$307) |
| 10 | Richwood Township | $1,914 (±$166) |
| 11 | Holmesville Township | $1,900 (±$209) |
| 12 | Erie Township | $1,865 (±$114) |
| 13 | Lake Eunice Township | $1,859 (±$168) |
| 14 | White Earth Township | $1,828 (±$281) |
Showing 13 of 44 places in Becker 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 Lake View Township
What is the average mortgage payment in Lake View Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake View Township, MN is $2,016 (±$233) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lake View Township?
Owners without a mortgage in Lake View Township pay a median of $632 (±$65) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lake View Township gone up?
In Lake View Township, the median monthly cost with a mortgage went from $1,627 in 2015–2019 to $2,016 in 2020–2024 (+23.9%).
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 — Lake View township, Becker County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake View township, Becker County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake View township, Becker County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake View township, Becker County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake View township, Becker 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 Lake View township, Becker County, Minnesota (county subdivision:35144, in state:27 county:005).
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 Lake View Township at a glance
- Renters and owners in Lake View Township
- Income and affordability in Lake View Township
- Home values in Lake View Township
- Property taxes in Lake View Township
- Types of homes in Lake View Township
- Bedrooms in Lake View Township
- Age of homes in Lake View Township
- Heating fuel in Lake View Township
- Commute and cars in Lake View Township
- Population growth in Lake View Township
- How long people stay in Lake View Township
- Minnesota landlord and tenant rules
- Housing across Becker County
- Housing data for every place in Minnesota