How much do homeowners pay a month in Lemond Township, MN?
Homeowners with a mortgage in Lemond Township, MN pay a median of $1,625 (±$190) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $650 (±$214).
61.6% of owned homes carry a mortgage.
In Lemond Township, the median monthly cost with a mortgage went from $1,875 in 2015–2019 to $1,625 in 2020–2024 (−13.3%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,625 (±$190)
- Without a mortgage
- $650 (±$214)
- Owned with a mortgage
- 61.6%
Monthly owner costs in Lemond Township
| Lemond Township | Steele County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,625 (±$190) | $1,664 (±$73) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $650 (±$214) | $662 (±$31) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 61.6% (±10.2 points) | 61.2% (±3.1 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,219 (±$284) | $2,964 (±$103) | $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 Lemond Township, the median cost with a mortgage is not measurably different from Steele County ($1,664).
It is also lower than in Minnesota ($1,947).
It is lower than the national figure ($1,963).
In Steele County, Lemond Township ranks 14 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1393 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lemond Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,875 (±$292) | $1,625 (±$190) | −13.3% | Down after inflation |
| Median real estate taxes | $1,967 (±$323) | $2,219 (±$284) | +12.8% | No measurable change after inflation |
| Median home value | $245,400 (±$31,552) | $263,200 (±$28,506) | +7.3% | 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 Lemond Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lemond Township | — | $1,625 (±$190) | — |
| Berlin Township | 5.8 mi | $1,632 (±$94) | Not measurably different |
| Meriden Township | 5.9 mi | $1,797 (±$410) | Not measurably different |
| Somerset Township | 6.3 mi | $1,767 (±$218) | Not measurably different |
| Otisco Township | 6.4 mi | $1,944 (±$230) | Higher |
| Ellendale | 7.5 mi | $1,234 (±$193) | Lower |
| Woodville Township | 8.2 mi | $1,971 (±$323) | Not measurably different |
| Owatonna Township | 8.2 mi | $1,964 (±$212) | Higher |
| Summit Township (Steele County) | 8.3 mi | $1,833 (±$225) | Not measurably different |
Nearby places with a measurably lower figure: Ellendale, MN ($1,234).
Nearby places with a measurably higher figure: Otisco Township, MN ($1,944), Owatonna Township, MN ($1,964).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Steele County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 8 | Deerfield Township (Steele County) | $1,823 (±$247) |
| 9 | Meriden Township | $1,797 (±$410) |
| 10 | Somerset Township | $1,767 (±$218) |
| 11 | Owatonna | $1,661 (±$94) |
| 12 | Medford | $1,659 (±$103) |
| 13 | Berlin Township | $1,632 (±$94) |
| 14 | Lemond Township | $1,625 (±$190) |
| 15 | Medford Township | $1,469 (±$258) |
| 16 | Blooming Prairie | $1,452 (±$149) |
| 17 | Ellendale | $1,234 (±$193) |
Showing 10 of 17 places in Steele 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 Lemond Township
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Questions about Lemond Township
What is the average mortgage payment in Lemond Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lemond Township, MN is $1,625 (±$190) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lemond Township?
Owners without a mortgage in Lemond Township pay a median of $650 (±$214) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lemond Township gone up?
In Lemond Township, the median monthly cost with a mortgage went from $1,875 in 2015–2019 to $1,625 in 2020–2024 (−13.3%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lemond township, Steele County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lemond township, Steele County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lemond township, Steele County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lemond township, Steele County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lemond township, Steele 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 Lemond township, Steele County, Minnesota (county subdivision:36386, in state:27 county:147).
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 Lemond Township at a glance
- Home values in Lemond Township
- Property taxes in Lemond Township
- Types of homes in Lemond Township
- Age of homes in Lemond Township
- Commute and cars in Lemond Township
- Minnesota landlord and tenant rules
- Housing across Steele County
- Housing data for every place in Minnesota