How much do homeowners pay a month in Vermilion Township, OH?
Homeowners with a mortgage in Vermilion Township, OH pay a median of $1,788 (±$218) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $652 (±$45).
48.9% of owned homes carry a mortgage.
In Vermilion Township, the median monthly cost with a mortgage went from $1,540 in 2015–2019 to $1,788 in 2020–2024 (+16.1%).
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
- $1,788 (±$218)
- Without a mortgage
- $652 (±$45)
- Owned with a mortgage
- 48.9%
Monthly owner costs in Vermilion Township
| Vermilion Township | Erie County | Ohio | United States | |
|---|---|---|---|---|
| With a mortgage | $1,788 (±$218) | $1,374 (±$31) | $1,517 (±$5) | $1,963 |
| Without a mortgage | $652 (±$45) | $567 (±$19) | $588 (±$2) | $638 |
| Owned homes with a mortgage | 48.9% (±7.5 points) | 55.7% (±2.5 points) | 60.6% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $3,057 (±$414) | $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 Vermilion Township, the median cost with a mortgage is higher than in Erie County ($1,374).
It is also higher than in Ohio ($1,517).
It is not measurably different from the national figure ($1,963).
In Erie County, Vermilion Township ranks 2 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 347 of 2,330.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Vermilion Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,540 (±$178) | $1,788 (±$218) | +16.1% | No measurable change after inflation |
| Median real estate taxes | $2,143 (±$240) | $3,057 (±$414) | +42.7% | No measurable change after inflation |
| Median home value | $171,000 (±$11,498) | $263,500 (±$23,071) | +54.1% | 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 Vermilion Township
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Vermilion Township | — | $1,788 (±$218) | — |
| Florence Township (Erie County) | 4.0 mi | $1,319 (±$202) | Lower |
| Brownhelm Township | 4.2 mi | $1,581 (±$169) | Not measurably different |
| Vermilion | 4.3 mi | $1,314 (±$87) | Lower |
| Henrietta Township | 6.0 mi | $1,801 (±$339) | Not measurably different |
| Berlin Township (Erie County) | 6.0 mi | $1,606 (±$415) | Not measurably different |
| Berlin Heights | 6.4 mi | $1,265 (±$207) | Lower |
| South Amherst | 8.5 mi | $1,369 (±$110) | Lower |
| Amherst | 8.5 mi | $1,496 (±$65) | Lower |
Nearby places with a measurably lower figure: Florence Township (Erie County), OH ($1,319), Vermilion, OH ($1,314), Berlin Heights, OH ($1,265).
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 |
|---|---|---|
| 1 | Oxford Township (Erie County) | $1,904 (±$180) |
| 2 | Vermilion Township | $1,788 (±$218) |
| 3 | Berlin Township (Erie County) | $1,606 (±$415) |
| 4 | Milan Township | $1,602 (±$342) |
| 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) |
Showing 8 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.
What you can do on Seayora in Vermilion Township
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Questions about Vermilion Township
What is the average mortgage payment in Vermilion Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Vermilion Township, OH is $1,788 (±$218) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Vermilion Township?
Owners without a mortgage in Vermilion Township pay a median of $652 (±$45) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Vermilion Township gone up?
In Vermilion Township, the median monthly cost with a mortgage went from $1,540 in 2015–2019 to $1,788 in 2020–2024 (+16.1%).
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 — Vermilion township, Erie County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Vermilion township, Erie County, Ohio
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Vermilion township, Erie County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Vermilion township, Erie County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Vermilion 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 Vermilion township, Erie County, Ohio (county subdivision:79730, 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 Vermilion Township at a glance
- Median rent in Vermilion Township
- Rent by bedrooms in Vermilion Township
- Rent burden in Vermilion Township
- Renters and owners in Vermilion Township
- Income and affordability in Vermilion Township
- Home values in Vermilion Township
- Property taxes in Vermilion Township
- Types of homes in Vermilion Township
- Bedrooms in Vermilion Township
- Age of homes in Vermilion Township
- Heating fuel in Vermilion Township
- Commute and cars in Vermilion Township
- Population growth in Vermilion Township
- How long people stay in Vermilion Township
- Ohio landlord and tenant rules
- Housing across Erie County
- Housing data for every place in Ohio