Total monthly cost of ownership
Cost to Own a Home in Clifton Springs, New York
A $164,000 home here costs
$1,739per 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 $74,500 a year.
A standard mortgage calculator would have told you $894. The real number is $845 higher every month, 95% more than the payment most buyers budget for.
Compare Ontario County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Clifton Springs from a five-year rolling sample, and with about 2,124 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 Ontario 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.
Clifton Springs against Ontario County and New York
| Measure | Clifton Springs | Ontario County |
|---|---|---|
| Median home value | $163,900 | $202,900 |
| Median property tax | $5,286 | $4,460 |
| Effective tax rate | 3.225% | 2.198% |
| Median gross rent | $699 | $1,126 |
| Population | 2,124 | 112,405 |
The weather behind that power bill
Clifton Springs sits in Ontario County, which averages a high of 81.4°F in its hottest month and a low of 17.8°F in its coldest, with 35.19" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 632 cooling and 6,513 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Ontario County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ontario County
Full Ontario County cost breakdown · Every county in New York
Talk to someone who works this market
These are Clifton Springs 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 Clifton Springs every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Clifton Springs I already own here and may sell
Common questions
How much does it cost to own a home in Clifton Springs?
A $164,000 home in Clifton Springs, New York costs approximately $1,739 per month with 20% down at 7.24%. That is $894 principal and interest, $441 property tax, $36 homeowners insurance, $232 utilities and $137 set aside for maintenance.
What is the property tax rate in Clifton Springs?
Clifton Springs has an effective property tax rate of 3.225%, based on a median home value of $163,900 and median real estate taxes of $5,286. That is higher than the Ontario County average of 2.198%.
What is the average home price in Clifton Springs?
The median owner-occupied home value in Clifton Springs, New York is $163,900, against $202,900 across Ontario County.
Is it cheaper to rent or buy in Clifton Springs?
Median gross rent in Clifton Springs is $699 a month, against $1,739 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 Clifton Springs?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Clifton Springs, New York at today's rate takes a household income of roughly $74,500 a year. That covers the full $1,739 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Clifton Springs, 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.