Cost to Own
United StatesMichiganMontcalm CountyCarson City Population 1,161 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Carson City, Michigan

A $109,000 home here costs

$1,088

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

A standard mortgage calculator would have told you $560. The real number is $527 higher every month — 94% more than the payment most buyers budget for.

Carson City median: $109,200
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, $87,200 borrowed $560
Property tax1.429% effective rate for Carson City itself $130
Homeowners insuranceMichigan averages $993/yr (NAIC), or 0.448% of home value $41
Electricity22.01¢/kWh — Michigan residential average, EIA $198
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $91
Total monthly $1,088

Carson City against Montcalm County and Michigan

MeasureCarson CityMontcalm County
Median home value$109,200$172,100
Median property tax$1,560$1,851
Effective tax rate1.429%1.076%
Median gross rent$673$867
Population1,16167,174

The weather behind that power bill

Carson City sits in Montcalm County, which averages a high of 84.3°F in its hottest month and a low of 12.9°F in its coldest, with 36.65" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 520 cooling and 7,060 heating degree days, which is what sets the $198 electricity line above.

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

Other cities in Montcalm County

Full Montcalm County cost breakdown · Every county in Michigan

Common questions

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

A $109,000 home in Carson City, Michigan costs approximately $1,088 per month with 20% down at 6.66%. That is $560 principal and interest, $130 property tax, $41 homeowners insurance, $266 utilities and $91 set aside for maintenance.

What is the property tax rate in Carson City?

Carson City has an effective property tax rate of 1.429%, based on a median home value of $109,200 and median real estate taxes of $1,560. That is higher than the Montcalm County average of 1.076%.

What is the average home price in Carson City?

The median owner-occupied home value in Carson City, Michigan is $109,200, against $172,100 across Montcalm County.

Is it cheaper to rent or buy in Carson City?

Median gross rent in Carson City is $673 a month, against $1,088 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 Carson 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