Total monthly cost of ownership
Cost to Own a Home in Phoenix, New York
A $144,000 home here costs
$1,558per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $740. The real number is $817 higher every month — 110% 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.
Phoenix against Oswego County and New York
| Measure | Phoenix | Oswego County |
|---|---|---|
| Median home value | $143,900 | $139,600 |
| Median property tax | $3,940 | $3,595 |
| Effective tax rate | 2.738% | 2.575% |
| Median gross rent | $981 | $943 |
| Population | 2,393 | 117,945 |
The weather behind that power bill
Phoenix sits in Oswego County, which averages a high of 80.3°F in its hottest month and a low of 15.8°F in its coldest, with 39.56" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 468 cooling and 6,898 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Oswego County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Oswego County
Full Oswego County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Phoenix?
A $144,000 home in Phoenix, New York costs approximately $1,558 per month with 20% down at 6.66%. That is $740 principal and interest, $329 property tax, $32 homeowners insurance, $337 utilities and $120 set aside for maintenance.
What is the property tax rate in Phoenix?
Phoenix has an effective property tax rate of 2.738%, based on a median home value of $143,900 and median real estate taxes of $3,940. That is higher than the Oswego County average of 2.575%.
What is the average home price in Phoenix?
The median owner-occupied home value in Phoenix, New York is $143,900, against $139,600 across Oswego County.
Is it cheaper to rent or buy in Phoenix?
Median gross rent in Phoenix is $981 a month, against $1,558 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 Phoenix — 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.