Total monthly cost of ownership
Cost to Own a Home in Capac, Michigan
A $141,000 home here costs
$1,309per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $56,000 a year.
A standard mortgage calculator would have told you $769. The real number is $540 higher every month, 70% more than the payment most buyers budget for.
Compare St. Clair County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Capac from a five-year rolling sample, and with about 1,903 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The St. Clair County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Capac against St. Clair County and Michigan
| Measure | Capac | St. Clair County |
|---|---|---|
| Median home value | $141,300 | $213,900 |
| Median property tax | $1,921 | $2,493 |
| Effective tax rate | 1.360% | 1.165% |
| Median gross rent | $792 | $999 |
| Population | 1,903 | 160,089 |
The weather behind that power bill
Capac sits in St. Clair County, which averages a high of 83.0°F in its hottest month and a low of 16.1°F in its coldest, with 35.9" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 649 cooling and 6,785 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for St. Clair County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in St. Clair County
Full St. Clair County cost breakdown · Every county in Michigan
Talk to someone who works this market
These are Capac averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Capac every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Capac?
A $141,000 home in Capac, Michigan costs approximately $1,309 per month with 20% down at 7.24%. That is $769 principal and interest, $160 property tax, $53 homeowners insurance, $210 utilities and $118 set aside for maintenance.
What is the property tax rate in Capac?
Capac has an effective property tax rate of 1.360%, based on a median home value of $141,300 and median real estate taxes of $1,921. That is higher than the St. Clair County average of 1.165%.
What is the average home price in Capac?
The median owner-occupied home value in Capac, Michigan is $141,300, against $213,900 across St. Clair County.
Is it cheaper to rent or buy in Capac?
Median gross rent in Capac is $792 a month, against $1,309 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Capac?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Capac, Michigan at today's rate takes a household income of roughly $56,000 a year. That covers the full $1,309 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Capac, 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.