Total monthly cost of ownership
Cost to Own a Home in Beaverton, Michigan
A $103,000 home here costs
$1,048per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $530. The real number is $519 higher every month — 98% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Beaverton against Gladwin County and Michigan
| Measure | Beaverton | Gladwin County |
|---|---|---|
| Median home value | $102,900 | $153,200 |
| Median property tax | $1,543 | $1,813 |
| Effective tax rate | 1.500% | 1.183% |
| Median gross rent | $625 | $689 |
| Population | 1,036 | 25,543 |
The weather behind that power bill
Beaverton sits in Gladwin County, which averages a high of 82.0°F in its hottest month and a low of 12.5°F in its coldest, with 34.02" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 428 cooling and 7,425 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Gladwin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gladwin County
Full Gladwin County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Beaverton?
A $103,000 home in Beaverton, Michigan costs approximately $1,048 per month with 20% down at 6.66%. That is $530 principal and interest, $129 property tax, $38 homeowners insurance, $266 utilities and $86 set aside for maintenance.
What is the property tax rate in Beaverton?
Beaverton has an effective property tax rate of 1.500%, based on a median home value of $102,900 and median real estate taxes of $1,543. That is higher than the Gladwin County average of 1.183%.
What is the average home price in Beaverton?
The median owner-occupied home value in Beaverton, Michigan is $102,900, against $153,200 across Gladwin County.
Is it cheaper to rent or buy in Beaverton?
Median gross rent in Beaverton is $625 a month, against $1,048 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Beaverton — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Michigan.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.