How much do homeowners pay a month in Orion Township, MN?
Homeowners with a mortgage in Orion Township, MN pay a median of $2,009 (±$398) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $705 (±$77).
54.3% of owned homes carry a mortgage.
In Orion Township, the median monthly cost with a mortgage went from $2,413 in 2015–2019 to $2,009 in 2020–2024 (−16.7%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $2,009 (±$398)
- Without a mortgage
- $705 (±$77)
- Owned with a mortgage
- 54.3%
Monthly owner costs in Orion Township
| Orion Township | Olmsted County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $2,009 (±$398) | $1,956 (±$41) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $705 (±$77) | $721 (±$17) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 54.3% (±10.4 points) | 61.4% (±1.5 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,490 (±$309) | $3,525 (±$73) | $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 Orion Township, the median cost with a mortgage is not measurably different from Olmsted County ($1,956).
It is not measurably different from Minnesota ($1,947).
It is not measurably different from the national figure ($1,963).
In Olmsted County, Orion Township ranks 18 of 24 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 566 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Orion Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,413 (±$284) | $2,009 (±$398) | −16.7% | Down after inflation |
| Median real estate taxes | $3,042 (±$908) | $3,490 (±$309) | +14.7% | No measurable change after inflation |
| Median home value | $341,100 (±$76,795) | $412,900 (±$98,170) | +21.0% | 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 Orion Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Orion Township | — | $2,009 (±$398) | — |
| Chatfield | 5.0 mi | $1,657 (±$105) | Not measurably different |
| Eyota Township | 5.9 mi | $2,513 (±$567) | Not measurably different |
| Pleasant Grove Township | 6.0 mi | $2,000 (±$344) | Not measurably different |
| Jordan Township | 6.0 mi | $1,958 (±$483) | Not measurably different |
| Elmira Township | 6.0 mi | $2,063 (±$663) | Not measurably different |
| Eyota | 6.9 mi | $1,595 (±$57) | Lower |
| Marion Township | 7.9 mi | $2,334 (±$176) | Not measurably different |
| Dover | 8.3 mi | $1,882 (±$134) | Not measurably different |
Nearby places with a measurably lower figure: Eyota, MN ($1,595).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Olmsted County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 12 | Marion Township | $2,334 (±$176) |
| 13 | Farmington Township | $2,309 (±$242) |
| 14 | Viola Township | $2,241 (±$268) |
| 15 | Byron | $2,205 (±$139) |
| 16 | High Forest Township | $2,192 (±$218) |
| 17 | Elmira Township | $2,063 (±$663) |
| 18 | Orion Township | $2,009 (±$398) |
| 19 | Pleasant Grove Township | $2,000 (±$344) |
| 20 | Quincy Township | $1,929 (±$366) |
| 21 | Dover | $1,882 (±$134) |
| 22 | Rochester | $1,864 (±$48) |
| 23 | Stewartville | $1,714 (±$244) |
| 24 | Eyota | $1,595 (±$57) |
Showing 13 of 24 places in Olmsted 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 Orion Township
What is the average mortgage payment in Orion Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Orion Township, MN is $2,009 (±$398) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Orion Township?
Owners without a mortgage in Orion Township pay a median of $705 (±$77) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Orion Township gone up?
In Orion Township, the median monthly cost with a mortgage went from $2,413 in 2015–2019 to $2,009 in 2020–2024 (−16.7%).
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 — Orion township, Olmsted County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Orion township, Olmsted County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Orion township, Olmsted County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Orion township, Olmsted County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Orion township, Olmsted 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 Orion township, Olmsted County, Minnesota (county subdivision:48526, in state:27 county:109).
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 Orion Township at a glance
- Renters and owners in Orion Township
- Income and affordability in Orion Township
- Home values in Orion Township
- Property taxes in Orion Township
- Types of homes in Orion Township
- Bedrooms in Orion Township
- Age of homes in Orion Township
- Heating fuel in Orion Township
- Commute and cars in Orion Township
- Minnesota landlord and tenant rules
- Housing across Olmsted County
- Housing data for every place in Minnesota