Cost to Own
United StatesNew YorkDutchess CountyHillside Lake Population 1,073 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Hillside Lake, New York

A $306,000 home here costs

$2,586

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,573. The real number is $1,013 higher every month — 64% more than the payment most buyers budget for.

Hillside Lake median: $305,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $244,800 borrowed $1,573
Property tax1.388% effective rate for Hillside Lake itself $354
Homeowners insuranceNew York averages $1,455/yr (NAIC), or 0.264% of home value $67
Electricity29.93¢/kWh — New York residential average, EIA $269
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $255
Total monthly $2,586

Hillside Lake against Dutchess County and New York

MeasureHillside LakeDutchess County
Median home value$305,800$368,100
Median property tax$4,244$7,226
Effective tax rate1.388%1.963%
Median gross rent$1,522
Population1,073297,144

The weather behind that power bill

Hillside Lake sits in Dutchess County, which averages a high of 82.5°F in its hottest month and a low of 15.8°F in its coldest, with 45.75" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 497 cooling and 6,427 heating degree days, which is what sets the $269 electricity line above.

See the full climate breakdown for Dutchess County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Dutchess County

Full Dutchess County cost breakdown · Every county in New York

Common questions

How much does it cost to own a home in Hillside Lake?

A $306,000 home in Hillside Lake, New York costs approximately $2,586 per month with 20% down at 6.66%. That is $1,573 principal and interest, $354 property tax, $67 homeowners insurance, $337 utilities and $255 set aside for maintenance.

What is the property tax rate in Hillside Lake?

Hillside Lake has an effective property tax rate of 1.388%, based on a median home value of $305,800 and median real estate taxes of $4,244. That is lower than the Dutchess County average of 1.963%.

What is the average home price in Hillside Lake?

The median owner-occupied home value in Hillside Lake, New York is $305,800, against $368,100 across Dutchess County.

Is it cheaper to rent or buy in Hillside Lake?

Rent data is not published for Hillside Lake at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Hillside Lake — 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.

Full methodology