How much do homeowners pay a month in Munch Township, MN?
Homeowners with a mortgage in Munch Township, MN pay a median of $1,250 (±$225) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $569 (±$118).
69.7% of owned homes carry a mortgage.
In Munch Township, the median monthly cost with a mortgage went from $1,263 in 2015–2019 to $1,250 in 2020–2024 (−1.0%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,250 (±$225)
- Without a mortgage
- $569 (±$118)
- Owned with a mortgage
- 69.7%
Monthly owner costs in Munch Township
| Munch Township | Pine County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $1,250 (±$225) | $1,570 (±$38) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $569 (±$118) | $601 (±$20) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 69.7% (±9.0 points) | 57.0% (±1.6 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $1,530 (±$208) | $2,068 (±$79) | $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 Munch Township, the median cost with a mortgage is lower than in Pine County ($1,570).
It is also lower than in Minnesota ($1,947).
It is lower than the national figure ($1,963).
In Pine County, Munch Township ranks 37 of 44 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 2129 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Munch Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,263 (±$151) | $1,250 (±$225) | −1.0% | Down after inflation |
| Median real estate taxes | $1,167 (±$204) | $1,530 (±$208) | +31.1% | No measurable change after inflation |
| Median home value | $144,700 (±$10,699) | $210,200 (±$24,448) | +45.3% | 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 Munch Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Munch Township | — | $1,250 (±$225) | — |
| Hinckley | 5.1 mi | $1,216 (±$78) | Not measurably different |
| Mission Creek Township | 5.3 mi | $1,669 (±$93) | Higher |
| Barry Township | 5.4 mi | $1,900 (±$179) | Higher |
| Chengwatana Township | 5.8 mi | $1,746 (±$144) | Higher |
| Arlone Township | 7.4 mi | $1,581 (±$203) | Higher |
| Hinckley Township | 9.3 mi | $1,688 (±$403) | Not measurably different |
| Crosby Township | 9.5 mi | $1,538 (±$346) | Not measurably different |
| Pine City | 9.7 mi | $1,305 (±$244) | Not measurably different |
Nearby places with a measurably higher figure: Mission Creek Township, MN ($1,669), Barry Township, MN ($1,900), Chengwatana Township, MN ($1,746).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Pine County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 31 | Bruno | $1,375 (±$70) |
| 32 | Finlayson | $1,346 (±$140) |
| 33 | Kettle River Township | $1,339 (±$78) |
| 34 | Dell Grove Township | $1,333 (±$449) |
| 35 | Pine City | $1,305 (±$244) |
| 36 | Sturgeon Lake Township | $1,288 (±$206) |
| 37 (tie) | Munch Township | $1,250 (±$225) |
| 37 (tie) | Wilma Township | $1,250 (±$207) |
| 39 (tie) | Hinckley | $1,216 (±$78) |
| 39 (tie) | Clover Township (Pine County) | $1,216 (±$93) |
| 41 | Kerrick | $1,193 (±$481) |
| 42 | Sandstone | $1,179 (±$130) |
| 43 | Rutledge | $967 (±$46) |
Showing 13 of 44 places in Pine 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 Munch Township
What is the average mortgage payment in Munch Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Munch Township, MN is $1,250 (±$225) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Munch Township?
Owners without a mortgage in Munch Township pay a median of $569 (±$118) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Munch Township gone up?
In Munch Township, the median monthly cost with a mortgage went from $1,263 in 2015–2019 to $1,250 in 2020–2024 (−1.0%).
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 — Munch township, Pine County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Munch township, Pine County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Munch township, Pine County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Munch township, Pine County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Munch township, Pine 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 Munch township, Pine County, Minnesota (county subdivision:44764, in state:27 county:115).
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 Munch Township at a glance
- Home values in Munch Township
- Property taxes in Munch Township
- Types of homes in Munch Township
- Bedrooms in Munch Township
- Age of homes in Munch Township
- Commute and cars in Munch Township
- Minnesota landlord and tenant rules
- Housing across Pine County
- Housing data for every place in Minnesota