How much do homeowners pay a month in Melrose Township, MN?
Homeowners with a mortgage in Melrose Township, MN pay a median of $1,868 (±$710) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $823 (±$88).
52.3% of owned homes carry a mortgage.
In Melrose Township, the median monthly cost with a mortgage went from $1,679 in 2015–2019 to $1,868 in 2020–2024 (+11.3%).
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
- $1,868 (±$710)
- Without a mortgage
- $823 (±$88)
- Owned with a mortgage
- 52.3%
Monthly owner costs in Melrose Township
| Melrose Township | Stearns County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,868 (±$710) | $1,696 (±$24) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $823 (±$88) | $646 (±$12) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 52.3% (±16.7 points) | 59.1% (±1.5 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,237 (±$1,343) | $2,742 (±$53) | $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 Melrose Township, the median cost with a mortgage is not measurably different from Stearns County ($1,696).
It is not measurably different from Minnesota ($1,947).
It is not measurably different from the national figure ($1,963).
In Stearns County, Melrose Township ranks 31 of 63 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 825 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Melrose Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,679 (±$207) | $1,868 (±$710) | +11.3% | No measurable change after inflation |
| Median real estate taxes | $2,311 (±$452) | $3,237 (±$1,343) | +40.1% | No measurable change after inflation |
| Median home value | $262,500 (±$64,976) | $298,700 (±$174,956) | +13.8% | 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 Melrose Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Melrose Township | — | $1,868 (±$710) | — |
| Melrose | 3.8 mi | $1,509 (±$137) | Not measurably different |
| Sauk Centre | 5.4 mi | $1,567 (±$78) | Not measurably different |
| St. Rosa | 6.1 mi | $2,875 (±$2,069) | Not measurably different |
| Birchdale Township | 6.1 mi | $1,943 (±$79) | Not measurably different |
| Sauk Centre Township | 6.9 mi | $2,022 (±$470) | Not measurably different |
| Millwood Township | 6.9 mi | $2,261 (±$146) | Not measurably different |
| Meire Grove | 7.2 mi | $1,239 (±$190) | Not measurably different |
| Grove Township | 7.3 mi | $1,975 (±$465) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Stearns County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 25 | Krain Township | $1,938 (±$169) |
| 26 | Lynden Township | $1,925 (±$118) |
| 27 | Sartell | $1,916 (±$90) |
| 28 | Holding Township | $1,882 (±$288) |
| 29 | St. Anthony (Stearns County) | $1,875 (±$849) |
| 30 | Avon Township | $1,869 (±$237) |
| 31 | Melrose Township | $1,868 (±$710) |
| 32 | Brockway Township | $1,798 (±$185) |
| 33 | Lake George Township (Stearns County) | $1,792 (±$233) |
| 34 | Crow Lake Township | $1,775 (±$322) |
| 35 | Cold Spring | $1,770 (±$227) |
| 36 | Spring Hill | $1,760 (±$382) |
| 37 | Getty Township | $1,738 (±$807) |
Showing 13 of 63 places in Stearns 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 Melrose Township
What is the average mortgage payment in Melrose Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Melrose Township, MN is $1,868 (±$710) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Melrose Township?
Owners without a mortgage in Melrose Township pay a median of $823 (±$88) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Melrose Township gone up?
In Melrose Township, the median monthly cost with a mortgage went from $1,679 in 2015–2019 to $1,868 in 2020–2024 (+11.3%).
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 — Melrose township, Stearns County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Melrose township, Stearns County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Melrose township, Stearns County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Melrose township, Stearns County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Melrose township, Stearns 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 Melrose township, Stearns County, Minnesota (county subdivision:41588, in state:27 county:145).
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 Melrose Township at a glance
- Income and affordability in Melrose Township
- Property taxes in Melrose Township
- Types of homes in Melrose Township
- Bedrooms in Melrose Township
- Age of homes in Melrose Township
- Heating fuel in Melrose Township
- Commute and cars in Melrose Township
- Population growth in Melrose Township
- Minnesota landlord and tenant rules
- Housing across Stearns County
- Housing data for every place in Minnesota