Total monthly cost of ownership
Cost to Own a Home in Scottville, Michigan
A $120,000 home here costs
$1,211per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $617. The real number is $594 higher every month — 96% 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.
Scottville against Mason County and Michigan
| Measure | Scottville | Mason County |
|---|---|---|
| Median home value | $120,400 | $199,300 |
| Median property tax | $2,206 | $2,203 |
| Effective tax rate | 1.832% | 1.105% |
| Median gross rent | $763 | $840 |
| Population | 1,359 | 29,177 |
The weather behind that power bill
Scottville sits in Mason County, which averages a high of 79.7°F in its hottest month and a low of 18.6°F in its coldest, with 36.34" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 493 cooling and 6,848 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Mason County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mason County
Common questions
How much does it cost to own a home in Scottville?
A $120,000 home in Scottville, Michigan costs approximately $1,211 per month with 20% down at 6.66%. That is $617 principal and interest, $183 property tax, $45 homeowners insurance, $266 utilities and $100 set aside for maintenance.
What is the property tax rate in Scottville?
Scottville has an effective property tax rate of 1.832%, based on a median home value of $120,400 and median real estate taxes of $2,206. That is higher than the Mason County average of 1.105%.
What is the average home price in Scottville?
The median owner-occupied home value in Scottville, Michigan is $120,400, against $199,300 across Mason County.
Is it cheaper to rent or buy in Scottville?
Median gross rent in Scottville is $763 a month, against $1,211 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 Scottville — 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.