Cost to Own
United StatesMichiganCass CountyDowagiac Population 5,677 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Dowagiac, Michigan

A $110,000 home here costs

$1,077

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

A standard mortgage calculator would have told you $566. The real number is $512 higher every month — 91% more than the payment most buyers budget for.

Dowagiac median: $110,300
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, $88,000 borrowed $566
Property tax1.236% effective rate for Dowagiac itself $113
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 $92
Total monthly $1,077

Dowagiac against Cass County and Michigan

MeasureDowagiacCass County
Median home value$110,300$205,200
Median property tax$1,363$1,972
Effective tax rate1.236%0.961%
Median gross rent$722$870
Population5,67751,606

The weather behind that power bill

Dowagiac sits in Cass County, which averages a high of 81.5°F in its hottest month and a low of 16.2°F in its coldest, with 41.73" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 583 cooling and 6,730 heating degree days, which is what sets the $198 electricity line above.

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

Other cities in Cass County

Full Cass County cost breakdown · Every county in Michigan

Common questions

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

A $110,000 home in Dowagiac, Michigan costs approximately $1,077 per month with 20% down at 6.66%. That is $566 principal and interest, $113 property tax, $41 homeowners insurance, $266 utilities and $92 set aside for maintenance.

What is the property tax rate in Dowagiac?

Dowagiac has an effective property tax rate of 1.236%, based on a median home value of $110,300 and median real estate taxes of $1,363. That is higher than the Cass County average of 0.961%.

What is the average home price in Dowagiac?

The median owner-occupied home value in Dowagiac, Michigan is $110,300, against $205,200 across Cass County.

Is it cheaper to rent or buy in Dowagiac?

Median gross rent in Dowagiac is $722 a month, against $1,077 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 Dowagiac — 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