Total monthly cost of ownership
Cost to Own a Home in Croswell, Michigan
A $137,000 home here costs
$1,257per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $704. The real number is $552 higher every month — 78% 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.
Croswell against Sanilac County and Michigan
| Measure | Croswell | Sanilac County |
|---|---|---|
| Median home value | $136,500 | $162,200 |
| Median property tax | $1,450 | $1,488 |
| Effective tax rate | 1.062% | 0.917% |
| Median gross rent | $643 | $814 |
| Population | 2,667 | 40,574 |
The weather behind that power bill
Croswell sits in Sanilac County, which averages a high of 77.1°F in its hottest month and a low of 18.7°F in its coldest, with 30.37" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 446 cooling and 6,942 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Sanilac County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sanilac County
Full Sanilac County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Croswell?
A $137,000 home in Croswell, Michigan costs approximately $1,257 per month with 20% down at 6.66%. That is $704 principal and interest, $121 property tax, $51 homeowners insurance, $266 utilities and $114 set aside for maintenance.
What is the property tax rate in Croswell?
Croswell has an effective property tax rate of 1.062%, based on a median home value of $136,500 and median real estate taxes of $1,450. That is higher than the Sanilac County average of 0.917%.
What is the average home price in Croswell?
The median owner-occupied home value in Croswell, Michigan is $136,500, against $162,200 across Sanilac County.
Is it cheaper to rent or buy in Croswell?
Median gross rent in Croswell is $643 a month, against $1,257 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 Croswell — 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.