Total monthly cost of ownership
Cost to Own a Home in Weidman, Michigan
A $104,000 home here costs
$1,020per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $535. The real number is $486 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.
Weidman against Isabella County and Michigan
| Measure | Weidman | Isabella County |
|---|---|---|
| Median home value | $104,200 | $165,100 |
| Median property tax | $1,133 | $2,180 |
| Effective tax rate | 1.087% | 1.320% |
| Median gross rent | — | $863 |
| Population | 1,217 | 64,475 |
The weather behind that power bill
Weidman sits in Isabella County, which averages a high of 83.7°F in its hottest month and a low of 15.9°F in its coldest, with 35.47" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 661 cooling and 6,899 heating degree days, which is what sets the $198 electricity line above.
See the full climate breakdown for Isabella County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Isabella County
Full Isabella County cost breakdown · Every county in Michigan
Common questions
How much does it cost to own a home in Weidman?
A $104,000 home in Weidman, Michigan costs approximately $1,020 per month with 20% down at 6.66%. That is $535 principal and interest, $94 property tax, $39 homeowners insurance, $266 utilities and $87 set aside for maintenance.
What is the property tax rate in Weidman?
Weidman has an effective property tax rate of 1.087%, based on a median home value of $104,200 and median real estate taxes of $1,133. That is lower than the Isabella County average of 1.320%.
What is the average home price in Weidman?
The median owner-occupied home value in Weidman, Michigan is $104,200, against $165,100 across Isabella County.
Is it cheaper to rent or buy in Weidman?
Rent data is not published for Weidman at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Weidman — 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.