Total monthly cost of ownership
Cost to Own a Home in Celoron, New York
A $82,000 home here costs
$921per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $39,500 a year.
A standard mortgage calculator would have told you $447. The real number is $474 higher every month, 106% more than the payment most buyers budget for.
Compare Chautauqua County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Celoron from a five-year rolling sample, and with about 1,412 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Chautauqua County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Celoron against Chautauqua County and New York
| Measure | Celoron | Chautauqua County |
|---|---|---|
| Median home value | $81,800 | $119,300 |
| Median property tax | $1,864 | $2,846 |
| Effective tax rate | 2.279% | 2.386% |
| Median gross rent | $908 | $797 |
| Population | 1,412 | 126,329 |
The weather behind that power bill
Celoron sits in Chautauqua County, which averages a high of 80.3°F in its hottest month and a low of 19.4°F in its coldest, with 45.66" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 667 cooling and 6,030 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Chautauqua County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chautauqua County
Full Chautauqua County cost breakdown · Every county in New York
Talk to someone who works this market
These are Celoron 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 Celoron every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Celoron I already own here and may sell
Common questions
How much does it cost to own a home in Celoron?
A $82,000 home in Celoron, New York costs approximately $921 per month with 20% down at 7.24%. That is $447 principal and interest, $156 property tax, $18 homeowners insurance, $232 utilities and $68 set aside for maintenance.
What is the property tax rate in Celoron?
Celoron has an effective property tax rate of 2.279%, based on a median home value of $81,800 and median real estate taxes of $1,864. That is lower than the Chautauqua County average of 2.386%.
What is the average home price in Celoron?
The median owner-occupied home value in Celoron, New York is $81,800, against $119,300 across Chautauqua County.
Is it cheaper to rent or buy in Celoron?
Median gross rent in Celoron is $908 a month, against $921 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 Celoron?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Celoron, New York at today's rate takes a household income of roughly $39,500 a year. That covers the full $921 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Celoron, 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.