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

Homeowners with a mortgage in Richardson Township, MN pay a median of $1,792 (±$112) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $592 (±$90).

51.1% of owned homes carry a mortgage.

In Richardson Township, the median monthly cost with a mortgage went from $1,419 in 2015–2019 to $1,792 in 2020–2024 (+26.3%).

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
$1,792 (±$112)
Without a mortgage
$592 (±$90)
Owned with a mortgage
51.1%

Monthly owner costs in Richardson Township

Median selected monthly owner costs, estimate (90% margin of error)
Richardson TownshipMorrison CountyMinnesotaUnited States
With a mortgage$1,792 (±$112)$1,581 (±$44)$1,947 (±$7)$1,963
Without a mortgage$592 (±$90)$561 (±$18)$698 (±$3)$638
Owned homes with a mortgage51.1% (±7.1 points)56.2% (±1.9 points)64.0% (±0.2 points)60.6%
Median real estate taxes (a year)$2,333 (±$198)$2,190 (±$68)$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 Richardson Township, the median cost with a mortgage is higher than in Morrison County ($1,581).

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

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

In Morrison County, Richardson Township ranks 14 of 45 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 1000 of 2,496.

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

How owner costs in Richardson 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$1,419 (±$148)$1,792 (±$112)+26.3%No measurable change after inflation
Median real estate taxes$1,745 (±$122)$2,333 (±$198)+33.7%No measurable change after inflation
Median home value$202,000 (±$24,078)$310,300 (±$25,903)+53.6%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 Richardson Township

Nearest places with a published estimate, compared with Richardson Township
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Richardson Township—$1,792 (±$112)—
Leigh Township5.2 mi$1,364 (±$38)Lower
Pulaski Township5.7 mi$1,860 (±$165)Not measurably different
Roosevelt Township (Crow Wing County)6.2 mi$1,547 (±$389)Not measurably different
Kathio Township7.9 mi$1,438 (±$243)Lower
Harding8.4 mi$1,375 (±$331)Lower
Bradbury Township8.6 mi$1,830 (±$104)Not measurably different
Platte Lake Township8.9 mi$1,410 (±$181)Lower
Granite Township9.1 mi$2,109 (±$269)Higher

Nearby places with a measurably lower figure: Leigh Township, MN ($1,364), Kathio Township, MN ($1,438), Harding, MN ($1,375).

Nearby places with a measurably higher figure: Granite Township, MN ($2,109).

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

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

RankPlaceMedian monthly cost with a mortgage
8Swanville Township$1,912 (±$75)
9Swan River Township$1,881 (±$295)
10Pulaski Township$1,860 (±$165)
11Platte Township$1,856 (±$145)
12Pierz Township$1,838 (±$145)
13Belle Prairie Township$1,816 (±$292)
14Richardson Township$1,792 (±$112)
15Darling Township$1,789 (±$355)
16Scandia Valley Township$1,736 (±$117)
17Agram Township$1,732 (±$282)
18Green Prairie Township$1,711 (±$157)
19Buh Township$1,706 (±$179)
20 (tie)Morrill Township$1,680 (±$246)

Showing 13 of 45 places in Morrison 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 Richardson Township

What is the average mortgage payment in Richardson Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Richardson Township, MN is $1,792 (±$112) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Richardson Township pay a median of $592 (±$90) a month in taxes, insurance, utilities and fees.

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

In Richardson Township, the median monthly cost with a mortgage went from $1,419 in 2015–2019 to $1,792 in 2020–2024 (+26.3%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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 Richardson township, Morrison County, Minnesota (county subdivision:54178, in state:27 county:097).

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 .

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