Total monthly cost of ownership
Cost to Own a Home in K. I. Sawyer, Michigan
A $69,000 home here costs
$774per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $355. The real number is $419 higher every month — 118% 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.
K. I. Sawyer against Marquette County and Michigan
| Measure | K. I. Sawyer | Marquette County |
|---|---|---|
| Median home value | $69,300 | $202,000 |
| Median property tax | $845 | $2,019 |
| Effective tax rate | 1.219% | 1.000% |
| Median gross rent | $762 | $923 |
| Population | 2,791 | 66,430 |
The weather behind that power bill
K. I. Sawyer 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 K. I. Sawyer?
A $69,000 home in K. I. Sawyer, Michigan costs approximately $774 per month with 20% down at 6.66%. That is $355 principal and interest, $70 property tax, $26 homeowners insurance, $266 utilities and $58 set aside for maintenance.
What is the property tax rate in K. I. Sawyer?
K. I. Sawyer has an effective property tax rate of 1.219%, based on a median home value of $69,300 and median real estate taxes of $845. That is higher than the Marquette County average of 1.000%.
What is the average home price in K. I. Sawyer?
The median owner-occupied home value in K. I. Sawyer, Michigan is $69,300, against $202,000 across Marquette County.
Is it cheaper to rent or buy in K. I. Sawyer?
Median gross rent in K. I. Sawyer is $762 a month, against $774 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 K. I. Sawyer — 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.