Total monthly cost of ownership
Cost to Own a Home in Baldwinsville, New York
A $184,000 home here costs
$1,919per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $82,500 a year.
A standard mortgage calculator would have told you $1,019. The real number is $900 higher every month, 88% more than the payment most buyers budget for.
Compare Onondaga County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Baldwinsville against Onondaga County and New York
| Measure | Baldwinsville | Onondaga County |
|---|---|---|
| Median home value | $183,600 | $185,300 |
| Median property tax | $5,599 | $4,805 |
| Effective tax rate | 3.050% | 2.593% |
| Median gross rent | $1,271 | $1,067 |
| Population | 7,732 | 471,611 |
The weather behind that power bill
Baldwinsville sits in Onondaga County, which averages a high of 81.7°F in its hottest month and a low of 16.5°F in its coldest, with 39.88" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 619 cooling and 6,588 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Onondaga County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Onondaga County
Full Onondaga County cost breakdown · Every county in New York
Talk to someone who works this market
These are Baldwinsville averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Baldwinsville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Baldwinsville I already own here and may sell
Common questions
How much does it cost to own a home in Baldwinsville?
A $184,000 home in Baldwinsville, New York costs approximately $1,919 per month with 20% down at 7.4%. That is $1,019 principal and interest, $468 property tax, $40 homeowners insurance, $239 utilities and $153 set aside for maintenance.
What is the property tax rate in Baldwinsville?
Baldwinsville has an effective property tax rate of 3.050%, based on a median home value of $183,600 and median real estate taxes of $5,599. That is higher than the Onondaga County average of 2.593%.
What is the average home price in Baldwinsville?
The median owner-occupied home value in Baldwinsville, New York is $183,600, against $185,300 across Onondaga County.
Is it cheaper to rent or buy in Baldwinsville?
Median gross rent in Baldwinsville is $1,271 a month, against $1,919 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Baldwinsville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Baldwinsville, New York at today's rate takes a household income of roughly $82,500 a year. That covers the full $1,919 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Baldwinsville, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for New York.
- 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.