Cost to Own
United StatesMichiganBranch CountyBronson Population 2,183 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Bronson, Michigan

A $94,000 home here costs

$975

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $483. The real number is $492 higher every month — 102% more than the payment most buyers budget for.

Bronson median: $93,900
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $75,200 borrowed $483
Property tax1.441% effective rate for Bronson itself $113
Homeowners insuranceMichigan averages $993/yr (NAIC), or 0.448% of home value $35
Electricity22.01¢/kWh — Michigan residential average, EIA $198
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $78
Total monthly $975

Bronson against Branch County and Michigan

MeasureBronsonBranch County
Median home value$93,900$147,500
Median property tax$1,353$1,813
Effective tax rate1.441%1.229%
Median gross rent$775$900
Population2,18344,914

The weather behind that power bill

Bronson sits in Branch County, which averages a high of 81.9°F in its hottest month and a low of 15.9°F in its coldest, with 39.12" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 567 cooling and 6,704 heating degree days, which is what sets the $198 electricity line above.

See the full climate breakdown for Branch County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Branch County

Full Branch County cost breakdown · Every county in Michigan

Common questions

How much does it cost to own a home in Bronson?

A $94,000 home in Bronson, Michigan costs approximately $975 per month with 20% down at 6.66%. That is $483 principal and interest, $113 property tax, $35 homeowners insurance, $266 utilities and $78 set aside for maintenance.

What is the property tax rate in Bronson?

Bronson has an effective property tax rate of 1.441%, based on a median home value of $93,900 and median real estate taxes of $1,353. That is higher than the Branch County average of 1.229%.

What is the average home price in Bronson?

The median owner-occupied home value in Bronson, Michigan is $93,900, against $147,500 across Branch County.

Is it cheaper to rent or buy in Bronson?

Median gross rent in Bronson is $775 a month, against $975 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 Bronson — 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.

Full methodology