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

Homeowners with a mortgage in Loon Lake Township, MN pay a median of $1,487 (±$185) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $507 (±$56).

58.9% of owned homes carry a mortgage.

In Loon Lake Township, the median monthly cost with a mortgage went from $1,484 in 2015–2019 to $1,487 in 2020–2024 (+0.2%).

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
$1,487 (±$185)
Without a mortgage
$507 (±$56)
Owned with a mortgage
58.9%

Monthly owner costs in Loon Lake Township

Median selected monthly owner costs, estimate (90% margin of error)
Loon Lake TownshipCass CountyMinnesotaUnited States
With a mortgage$1,487 (±$185)$1,535 (±$34)$1,947 (±$7)$1,963
Without a mortgage$507 (±$56)$535 (±$13)$698 (±$3)$638
Owned homes with a mortgage58.9% (±9.5 points)52.5% (±1.3 points)64.0% (±0.2 points)60.6%
Median real estate taxes (a year)$1,829 (±$208)$1,615 (±$51)$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 Loon Lake Township, the median cost with a mortgage is not measurably different from Cass County ($1,535).

It is also lower than in Minnesota ($1,947).

It is lower than the national figure ($1,963).

In Cass County, Loon Lake Township ranks 35 of 62 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1715 of 2,496.

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

How owner costs in Loon 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$1,484 (±$177)$1,487 (±$185)+0.2%Down after inflation
Median real estate taxes$1,406 (±$139)$1,829 (±$208)+30.1%No measurable change after inflation
Median home value$226,300 (±$14,478)$371,300 (±$25,315)+64.1%Up 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 Loon Lake Township

Nearest places with a published estimate, compared with Loon Lake Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Loon Lake Township—$1,487 (±$185)—
Pequot Lakes3.7 mi$1,532 (±$204)Not measurably different
Jenkins4.4 mi$1,652 (±$130)Not measurably different
Maple Township5.0 mi$1,651 (±$125)Not measurably different
Lake Shore6.1 mi$2,160 (±$161)Higher
Jenkins Township6.6 mi$2,219 (±$185)Higher
Wilson Township (Cass County)6.6 mi$1,455 (±$247)Not measurably different
Nisswa7.1 mi$2,073 (±$164)Higher
Walden Township (Cass County)7.2 mi$1,217 (±$119)Lower

Nearby places with a measurably lower figure: Walden Township (Cass County), MN ($1,217).

Nearby places with a measurably higher figure: Lake Shore, MN ($2,160), Jenkins Township, MN ($2,219), Nisswa, MN ($2,073).

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

Median monthly cost with a mortgage across Cass County, place by place

RankPlaceMedian monthly cost with a mortgage
29Home Brook Township$1,531 (±$305)
30Bull Moose Township$1,514 (±$214)
31Hiram Township$1,513 (±$327)
32Crooked Lake Township$1,495 (±$154)
33Walker$1,492 (±$254)
34Pike Bay Township$1,488 (±$616)
35Loon Lake Township$1,487 (±$185)
36Poplar Township$1,469 (±$574)
37 (tie)Bungo Township$1,458 (±$276)
37 (tie)Inguadona Township$1,458 (±$249)
39Wilson Township (Cass County)$1,455 (±$247)
40Beulah Township$1,429 (±$154)
41Remer Township$1,425 (±$293)

Showing 13 of 62 places in Cass 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 Loon Lake Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Loon Lake Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Loon Lake Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Loon Lake Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Loon Lake Township

What is the average mortgage payment in Loon Lake Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Loon Lake Township, MN is $1,487 (±$185) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Loon Lake Township pay a median of $507 (±$56) a month in taxes, insurance, utilities and fees.

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

In Loon Lake Township, the median monthly cost with a mortgage went from $1,484 in 2015–2019 to $1,487 in 2020–2024 (+0.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

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 Loon Lake township, Cass County, Minnesota (county subdivision:38168, in state:27 county:021).

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 .

Related