How much do homeowners pay a month in Florence Township (Erie County), OH?
Homeowners with a mortgage in Florence Township (Erie County), OH pay a median of $1,319 (±$202) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $764 (±$74).
43.7% of owned homes carry a mortgage.
In Florence Township (Erie County), the median monthly cost with a mortgage went from $1,378 in 2015–2019 to $1,319 in 2020–2024 (−4.3%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $1,319 (±$202)
- Without a mortgage
- $764 (±$74)
- Owned with a mortgage
- 43.7%
Monthly owner costs in Florence Township (Erie County)
| Florence Township (Erie County) | Erie County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $1,319 (±$202) | $1,374 (±$31) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $764 (±$74) | $567 (±$19) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 43.7% (±11.7 points) | 55.7% (±2.5 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,396 (±$502) | $2,428 (±$72) | $2,822 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Florence Township (Erie County), the median cost with a mortgage is not measurably different from Erie County ($1,374).
It is not measurably different from Ohio ($1,517).
It is lower than the national figure ($1,963).
In Erie County, Florence Township (Erie County) ranks 11 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 1232 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Florence Township (Erie County) have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,378 (±$248) | $1,319 (±$202) | −4.3% | Down after inflation |
| Median real estate taxes | $2,574 (±$272) | $2,396 (±$502) | −6.9% | Down after inflation |
| Median home value | $195,000 (±$21,713) | $277,000 (±$42,891) | +42.1% | 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 Florence Township (Erie County)
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Florence Township (Erie County) | — | $1,319 (±$202) | — |
| Vermilion Township | 4.0 mi | $1,788 (±$218) | Higher |
| Henrietta Township | 4.2 mi | $1,801 (±$339) | Higher |
| Wakeman | 4.9 mi | $1,505 (±$210) | Not measurably different |
| Berlin Heights | 5.3 mi | $1,265 (±$207) | Not measurably different |
| Berlin Township (Erie County) | 5.3 mi | $1,606 (±$415) | Not measurably different |
| Wakeman Township | 5.3 mi | $1,597 (±$100) | Higher |
| Kipton | 5.7 mi | $1,547 (±$250) | Not measurably different |
| Brownhelm Township | 6.0 mi | $1,581 (±$169) | Not measurably different |
Nearby places with a measurably higher figure: Vermilion Township, OH ($1,788), Henrietta Township, OH ($1,801), Wakeman Township, OH ($1,597).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Erie County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 5 | Perkins Township | $1,559 (±$93) |
| 6 | Huron Township | $1,496 (±$123) |
| 7 (tie) | Huron | $1,433 (±$107) |
| 7 (tie) | Groton Township | $1,433 (±$274) |
| 9 | Kelleys Island | $1,417 (±$514) |
| 10 | Margaretta Township | $1,325 (±$101) |
| 11 | Florence Township (Erie County) | $1,319 (±$202) |
| 12 | Vermilion | $1,314 (±$87) |
| 13 | Milan | $1,267 (±$177) |
| 14 | Berlin Heights | $1,265 (±$207) |
| 15 | Castalia | $1,234 (±$102) |
| 16 | Bay View | $1,113 (±$136) |
| 17 | Sandusky | $1,091 (±$102) |
Showing 13 of 17 places in Erie 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 Florence Township (Erie County)
What is the average mortgage payment in Florence Township (Erie County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Florence Township (Erie County), OH is $1,319 (±$202) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Florence Township (Erie County)?
Owners without a mortgage in Florence Township (Erie County) pay a median of $764 (±$74) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Florence Township (Erie County) gone up?
In Florence Township (Erie County), the median monthly cost with a mortgage went from $1,378 in 2015–2019 to $1,319 in 2020–2024 (−4.3%).
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 — Florence township, Erie County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Florence township, Erie County, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Florence township, Erie County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Florence township, Erie County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Florence township, Erie County, Ohio
- 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 Florence township, Erie County, Ohio (county subdivision:27482, in state:39 county:043).
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 Florence Township (Erie County) at a glance
- Median rent in Florence Township (Erie County)
- Income and affordability in Florence Township (Erie County)
- Home values in Florence Township (Erie County)
- Property taxes in Florence Township (Erie County)
- Types of homes in Florence Township (Erie County)
- Age of homes in Florence Township (Erie County)
- Heating fuel in Florence Township (Erie County)
- Commute and cars in Florence Township (Erie County)
- Population growth in Florence Township (Erie County)
- Ohio landlord and tenant rules
- Housing across Erie County
- Housing data for every place in Ohio