Cost to Own
United StatesMichiganGenesee CountyLinden Population 4,150 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Linden, Michigan

A $232,000 home here costs

$1,990

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

A standard mortgage calculator would have told you $1,193. The real number is $798 higher every month — 67% more than the payment most buyers budget for.

Linden median: $232,300
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, $185,600 borrowed $1,193
Property tax1.302% effective rate for Linden itself $252
Homeowners insuranceMichigan averages $993/yr (NAIC), or 0.448% of home value $87
Electricity22.01¢/kWh — Michigan residential average, EIA $198
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $193
Total monthly $1,990

Linden against Genesee County and Michigan

MeasureLindenGenesee County
Median home value$232,300$172,900
Median property tax$3,025$2,417
Effective tax rate1.302%1.398%
Median gross rent$683$936
Population4,150404,087

The weather behind that power bill

Linden sits in Genesee County, which averages a high of 82.1°F in its hottest month and a low of 16.0°F in its coldest, with 31.97" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 565 cooling and 6,851 heating degree days, which is what sets the $198 electricity line above.

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

Other cities in Genesee County

Full Genesee County cost breakdown · Every county in Michigan

Common questions

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

A $232,000 home in Linden, Michigan costs approximately $1,990 per month with 20% down at 6.66%. That is $1,193 principal and interest, $252 property tax, $87 homeowners insurance, $266 utilities and $193 set aside for maintenance.

What is the property tax rate in Linden?

Linden has an effective property tax rate of 1.302%, based on a median home value of $232,300 and median real estate taxes of $3,025. That is lower than the Genesee County average of 1.398%.

What is the average home price in Linden?

The median owner-occupied home value in Linden, Michigan is $232,300, against $172,900 across Genesee County.

Is it cheaper to rent or buy in Linden?

Median gross rent in Linden is $683 a month, against $1,990 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 Linden — 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