Total monthly cost of ownership
Cost to Own a Home in Johnson City, New York
A $111,000 home here costs
$1,345per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $571. The real number is $775 higher every month — 136% 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.
Johnson City against Broome County and New York
| Measure | Johnson City | Broome County |
|---|---|---|
| Median home value | $110,600 | $145,100 |
| Median property tax | $3,836 | $3,824 |
| Effective tax rate | 3.468% | 2.635% |
| Median gross rent | $993 | $914 |
| Population | 15,130 | 197,738 |
The weather behind that power bill
Johnson City sits in Broome County, which averages a high of 78.4°F in its hottest month and a low of 15.5°F in its coldest, with 42.04" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 383 cooling and 7,162 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Broome County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Broome County
Full Broome County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Johnson City?
A $111,000 home in Johnson City, New York costs approximately $1,345 per month with 20% down at 6.66%. That is $571 principal and interest, $321 property tax, $24 homeowners insurance, $337 utilities and $93 set aside for maintenance.
What is the property tax rate in Johnson City?
Johnson City has an effective property tax rate of 3.468%, based on a median home value of $110,600 and median real estate taxes of $3,836. That is higher than the Broome County average of 2.635%.
What is the average home price in Johnson City?
The median owner-occupied home value in Johnson City, New York is $110,600, against $145,100 across Broome County.
Is it cheaper to rent or buy in Johnson City?
Median gross rent in Johnson City is $993 a month, against $1,345 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Johnson City — 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.