Total monthly cost of ownership
Cost to Own a Home in Harvey, Michigan
A $236,000 home here costs
$1,921per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,213. The real number is $708 higher every month — 58% 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.
Harvey against Marquette County and Michigan
| Measure | Harvey | Marquette County |
|---|---|---|
| Median home value | $235,600 | $202,000 |
| Median property tax | $1,882 | $2,019 |
| Effective tax rate | 0.799% | 1.000% |
| Median gross rent | $835 | $923 |
| Population | 3,080 | 66,430 |
The weather behind that power bill
Harvey sits in Marquette County, which averages a high of 76.0°F in its hottest month and a low of 6.8°F in its coldest, with 36.68" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 237 cooling and 9,218 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Marquette County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marquette County
Full Marquette County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Harvey?
A $236,000 home in Harvey, Michigan costs approximately $1,921 per month with 20% down at 6.66%. That is $1,213 principal and interest, $157 property tax, $88 homeowners insurance, $266 utilities and $197 set aside for maintenance.
What is the property tax rate in Harvey?
Harvey has an effective property tax rate of 0.799%, based on a median home value of $235,600 and median real estate taxes of $1,882. That is lower than the Marquette County average of 1.000%.
What is the average home price in Harvey?
The median owner-occupied home value in Harvey, Michigan is $235,600, against $202,000 across Marquette County.
Is it cheaper to rent or buy in Harvey?
Median gross rent in Harvey is $835 a month, against $1,921 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 Harvey — 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.