Total monthly cost of ownership
Cost to Own a Home in Mattawan, Michigan
A $178,000 home here costs
$1,641per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $915. The real number is $726 higher every month — 79% 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.
Mattawan against Van Buren County and Michigan
| Measure | Mattawan | Van Buren County |
|---|---|---|
| Median home value | $177,500 | $189,900 |
| Median property tax | $2,932 | $2,444 |
| Effective tax rate | 1.652% | 1.287% |
| Median gross rent | $1,038 | $845 |
| Population | 2,615 | 75,681 |
The weather behind that power bill
Mattawan sits in Van Buren County, which averages a high of 81.7°F in its hottest month and a low of 20.3°F in its coldest, with 35" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 656 cooling and 6,184 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Van Buren County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Van Buren County
Full Van Buren County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Mattawan?
A $178,000 home in Mattawan, Michigan costs approximately $1,641 per month with 20% down at 6.66%. That is $915 principal and interest, $245 property tax, $66 homeowners insurance, $266 utilities and $148 set aside for maintenance.
What is the property tax rate in Mattawan?
Mattawan has an effective property tax rate of 1.652%, based on a median home value of $177,500 and median real estate taxes of $2,932. That is higher than the Van Buren County average of 1.287%.
What is the average home price in Mattawan?
The median owner-occupied home value in Mattawan, Michigan is $177,500, against $189,900 across Van Buren County.
Is it cheaper to rent or buy in Mattawan?
Median gross rent in Mattawan is $1,038 a month, against $1,641 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 Mattawan — 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.