Total monthly cost of ownership
Cost to Own a Home in Quincy, Michigan
A $112,000 home here costs
$1,102per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $576. The real number is $526 higher every month — 91% 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.
Quincy against Branch County and Michigan
| Measure | Quincy | Branch County |
|---|---|---|
| Median home value | $111,800 | $147,500 |
| Median property tax | $1,500 | $1,813 |
| Effective tax rate | 1.342% | 1.229% |
| Median gross rent | $778 | $900 |
| Population | 1,487 | 44,914 |
The weather behind that power bill
Quincy sits in Branch County, which averages a high of 81.9°F in its hottest month and a low of 15.9°F in its coldest, with 39.12" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 567 cooling and 6,704 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Branch County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Branch County
Full Branch County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Quincy?
A $112,000 home in Quincy, Michigan costs approximately $1,102 per month with 20% down at 6.66%. That is $576 principal and interest, $125 property tax, $42 homeowners insurance, $266 utilities and $93 set aside for maintenance.
What is the property tax rate in Quincy?
Quincy has an effective property tax rate of 1.342%, based on a median home value of $111,800 and median real estate taxes of $1,500. That is higher than the Branch County average of 1.229%.
What is the average home price in Quincy?
The median owner-occupied home value in Quincy, Michigan is $111,800, against $147,500 across Branch County.
Is it cheaper to rent or buy in Quincy?
Median gross rent in Quincy is $778 a month, against $1,102 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 Quincy — 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.