How much do homeowners pay a month in Welch Township, MN?
Homeowners with a mortgage in Welch Township, MN pay a median of $2,455 (±$219) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $770 (±$128).
51.3% of owned homes carry a mortgage.
In Welch Township, the median monthly cost with a mortgage went from $2,183 in 2015–2019 to $2,455 in 2020–2024 (+12.5%).
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
- $2,455 (±$219)
- Without a mortgage
- $770 (±$128)
- Owned with a mortgage
- 51.3%
Monthly owner costs in Welch Township
| Welch Township | Goodhue County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $2,455 (±$219) | $1,845 (±$62) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $770 (±$128) | $672 (±$26) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 51.3% (±10.0 points) | 62.1% (±1.8 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,761 (±$409) | $2,998 (±$94) | $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 Welch Township, the median cost with a mortgage is higher than in Goodhue County ($1,845).
It is also higher than in Minnesota ($1,947).
It is higher than the national figure ($1,963).
In Goodhue County, Welch Township ranks 3 of 30 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 143 of 2,496.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Welch Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,183 (±$257) | $2,455 (±$219) | +12.5% | No measurable change after inflation |
| Median real estate taxes | $2,913 (±$285) | $3,761 (±$409) | +29.1% | No measurable change after inflation |
| Median home value | $341,400 (±$26,719) | $426,700 (±$70,994) | +25.0% | 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 Welch Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Welch Township | — | $2,455 (±$219) | — |
| Miesville | 4.5 mi | $2,406 (±$418) | Not measurably different |
| Ravenna Township | 5.4 mi | $2,342 (±$141) | Not measurably different |
| Town of Diamond Bluff | 6.1 mi | $1,978 (±$280) | Lower |
| Marshan Township | 6.3 mi | $2,227 (±$200) | Not measurably different |
| Red Wing | 6.6 mi | $1,715 (±$90) | Lower |
| Douglas Township | 6.9 mi | $2,379 (±$233) | Not measurably different |
| Vasa Township | 7.4 mi | $2,226 (±$309) | Not measurably different |
| Town of Oak Grove (Pierce County) | 8.3 mi | $2,689 (±$306) | Not measurably different |
Nearby places with a measurably lower figure: Town of Diamond Bluff, WI ($1,978), Red Wing, MN ($1,715).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Goodhue County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Hay Creek Township | $2,571 (±$384) |
| 2 | Leon Township (Goodhue County) | $2,533 (±$223) |
| 3 | Welch Township | $2,455 (±$219) |
| 4 | Belle Creek Township | $2,417 (±$195) |
| 5 | Wanamingo Township | $2,414 (±$207) |
| 6 | Warsaw Township (Goodhue County) | $2,391 (±$276) |
| 7 | Cannon Falls Township | $2,365 (±$105) |
| 8 | Holden Township | $2,320 (±$185) |
| 9 | Featherstone Township | $2,297 (±$318) |
Showing 9 of 30 places in Goodhue 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 Welch 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 Welch Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Welch 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 Welch Township, and send estimates and invoices from your phone.
Questions about Welch Township
What is the average mortgage payment in Welch Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Welch Township, MN is $2,455 (±$219) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Welch Township?
Owners without a mortgage in Welch Township pay a median of $770 (±$128) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Welch Township gone up?
In Welch Township, the median monthly cost with a mortgage went from $2,183 in 2015–2019 to $2,455 in 2020–2024 (+12.5%).
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 — Welch township, Goodhue County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Welch township, Goodhue County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Welch township, Goodhue County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Welch township, Goodhue County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Welch township, Goodhue 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 Welch township, Goodhue County, Minnesota (county subdivision:69052, in state:27 county:049).
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 Welch Township at a glance
- Renters and owners in Welch Township
- Income and affordability in Welch Township
- Home values in Welch Township
- Property taxes in Welch Township
- Types of homes in Welch Township
- Age of homes in Welch Township
- Heating fuel in Welch Township
- Commute and cars in Welch Township
- Minnesota landlord and tenant rules
- Housing across Goodhue County
- Housing data for every place in Minnesota