Cost to Own
United StatesMichiganLapeer CountyBrown City Population 1,211 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Brown City, Michigan

A $121,000 home here costs

$1,142

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

A standard mortgage calculator would have told you $622. The real number is $520 higher every month — 84% more than the payment most buyers budget for.

Brown City median: $121,400
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, $96,800 borrowed $622
Property tax1.070% effective rate for Brown City itself $108
Homeowners insuranceMichigan averages $993/yr (NAIC), or 0.448% of home value $45
Electricity22.01¢/kWh — Michigan residential average, EIA $198
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $101
Total monthly $1,142

Brown City against Lapeer County and Michigan

MeasureBrown CityLapeer County
Median home value$121,400$229,100
Median property tax$1,299$2,185
Effective tax rate1.070%0.954%
Median gross rent$805$959
Population1,21188,703

Brown City extends across 2 counties. Figures here use Lapeer County, where most of its housing sits.

The weather behind that power bill

Brown City sits in Lapeer County, which averages a high of 82.4°F in its hottest month and a low of 15.1°F in its coldest, with 31.89" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 571 cooling and 6,942 heating degree days, which is what sets the $198 electricity line above.

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

Other cities in Lapeer County

Full Lapeer County cost breakdown · Every county in Michigan

Common questions

How much does it cost to own a home in Brown City?

A $121,000 home in Brown City, Michigan costs approximately $1,142 per month with 20% down at 6.66%. That is $622 principal and interest, $108 property tax, $45 homeowners insurance, $266 utilities and $101 set aside for maintenance.

What is the property tax rate in Brown City?

Brown City has an effective property tax rate of 1.070%, based on a median home value of $121,400 and median real estate taxes of $1,299. That is higher than the Lapeer County average of 0.954%.

What is the average home price in Brown City?

The median owner-occupied home value in Brown City, Michigan is $121,400, against $229,100 across Lapeer County.

Is it cheaper to rent or buy in Brown City?

Median gross rent in Brown City is $805 a month, against $1,142 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 Brown City — 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