Total monthly cost of ownership
Cost to Own a Home in Port Henry, New York
A $159,000 home here costs
$1,518per 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 $65,000 a year.
A standard mortgage calculator would have told you $867. The real number is $651 higher every month, 75% more than the payment most buyers budget for.
Compare Essex County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Port Henry from a five-year rolling sample, and with about 1,403 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 Essex 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.
Port Henry against Essex County and New York
| Measure | Port Henry | Essex County |
|---|---|---|
| Median home value | $159,200 | $200,000 |
| Median property tax | $3,030 | $3,111 |
| Effective tax rate | 1.903% | 1.555% |
| Median gross rent | — | $890 |
| Population | 1,403 | 37,077 |
The weather behind that power bill
Port Henry sits in Essex County, which averages a high of 76.6°F in its hottest month and a low of 2.3°F in its coldest, with 36.61" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 120 cooling and 9,302 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Essex County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Essex County
Talk to someone who works this market
These are Port Henry 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 Port Henry every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Port Henry?
A $159,000 home in Port Henry, New York costs approximately $1,518 per month with 20% down at 7.24%. That is $867 principal and interest, $252 property tax, $35 homeowners insurance, $232 utilities and $133 set aside for maintenance.
What is the property tax rate in Port Henry?
Port Henry has an effective property tax rate of 1.903%, based on a median home value of $159,200 and median real estate taxes of $3,030. That is higher than the Essex County average of 1.555%.
What is the average home price in Port Henry?
The median owner-occupied home value in Port Henry, New York is $159,200, against $200,000 across Essex County.
Is it cheaper to rent or buy in Port Henry?
Rent data is not published for Port Henry at this level of detail.
What salary do you need to buy a home in Port Henry?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Port Henry, New York at today's rate takes a household income of roughly $65,000 a year. That covers the full $1,518 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Port Henry, 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.