How much do homeowners pay a month in Milford Township, MN?
Homeowners with a mortgage in Milford Township, MN pay a median of $1,866 (±$99) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $659 (±$68).
50.2% of owned homes carry a mortgage.
In Milford Township, the median monthly cost with a mortgage went from $1,778 in 2015–2019 to $1,866 in 2020–2024 (+4.9%).
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
- $1,866 (±$99)
- Without a mortgage
- $659 (±$68)
- Owned with a mortgage
- 50.2%
Monthly owner costs in Milford Township
| Milford Township | Brown County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,866 (±$99) | $1,392 (±$45) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $659 (±$68) | $578 (±$21) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 50.2% (±9.3 points) | 52.9% (±2.3 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,558 (±$332) | $1,976 (±$69) | $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 Milford Township, the median cost with a mortgage is higher than in Brown County ($1,392).
It is not measurably different from Minnesota ($1,947).
It is not measurably different from the national figure ($1,963).
In Brown County, Milford Township ranks 5 of 22 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 827 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Milford Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,778 (±$273) | $1,866 (±$99) | +4.9% | No measurable change after inflation |
| Median real estate taxes | $2,253 (±$224) | $2,558 (±$332) | +13.5% | No measurable change after inflation |
| Median home value | $261,300 (±$21,864) | $292,800 (±$35,009) | +12.1% | 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 Milford Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Milford Township | — | $1,866 (±$99) | — |
| New Ulm | 5.0 mi | $1,398 (±$77) | Lower |
| Sigel Township | 5.1 mi | $1,925 (±$335) | Not measurably different |
| West Newton Township | 5.4 mi | $1,820 (±$152) | Not measurably different |
| Home Township | 6.2 mi | $1,708 (±$146) | Not measurably different |
| Lafayette Township | 7.5 mi | $2,461 (±$399) | Higher |
| Sleepy Eye | 7.9 mi | $1,233 (±$127) | Lower |
| Ridgely Township | 8.5 mi | $2,300 (±$324) | Higher |
| Cottonwood Township | 8.9 mi | $1,422 (±$71) | Lower |
Nearby places with a measurably lower figure: New Ulm, MN ($1,398), Sleepy Eye, MN ($1,233), Cottonwood Township, MN ($1,422).
Nearby places with a measurably higher figure: Lafayette Township, MN ($2,461), Ridgely Township, MN ($2,300).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Brown County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Leavenworth Township | $2,147 (±$385) |
| 2 | Albin Township | $2,100 (±$223) |
| 3 | Sigel Township | $1,925 (±$335) |
| 4 | Eden Township (Brown County) | $1,875 (±$725) |
| 5 | Milford Township | $1,866 (±$99) |
| 6 | Burnstown Township | $1,764 (±$394) |
| 7 | Stark Township | $1,719 (±$488) |
| 8 | Home Township | $1,708 (±$146) |
| 9 | Lake Hanska Township | $1,688 (±$631) |
| 10 | Linden Township | $1,646 (±$395) |
| 11 | North Star Township (Brown County) | $1,547 (±$382) |
Showing 11 of 22 places in Brown 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 Milford 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 Milford Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Milford 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 Milford Township, and send estimates and invoices from your phone.
Questions about Milford Township
What is the average mortgage payment in Milford Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Milford Township, MN is $1,866 (±$99) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Milford Township?
Owners without a mortgage in Milford Township pay a median of $659 (±$68) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Milford Township gone up?
In Milford Township, the median monthly cost with a mortgage went from $1,778 in 2015–2019 to $1,866 in 2020–2024 (+4.9%).
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 — Milford township, Brown County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Milford township, Brown County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Milford township, Brown County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Milford township, Brown County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Milford township, Brown 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 Milford township, Brown County, Minnesota (county subdivision:42182, in state:27 county:015).
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 Milford Township at a glance
- Income and affordability in Milford Township
- Home values in Milford Township
- Property taxes in Milford Township
- Types of homes in Milford Township
- Age of homes in Milford Township
- Heating fuel in Milford Township
- Commute and cars in Milford Township
- Minnesota landlord and tenant rules
- Housing across Brown County
- Housing data for every place in Minnesota