Total monthly cost of ownership
Cost to Own a Home in Tribes Hill, New York
A $183,000 home here costs
$1,769per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $941. The real number is $828 higher every month — 88% 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.
Tribes Hill against Montgomery County and New York
| Measure | Tribes Hill | Montgomery County |
|---|---|---|
| Median home value | $182,600 | $141,600 |
| Median property tax | $3,575 | $3,630 |
| Effective tax rate | 1.958% | 2.564% |
| Median gross rent | $615 | $921 |
| Population | 1,004 | 49,461 |
The weather behind that power bill
Tribes Hill sits in Montgomery County, which averages a high of 76.7°F in its hottest month and a low of 7.1°F in its coldest, with 50.73" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 164 cooling and 8,675 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Montgomery County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Montgomery County
Full Montgomery County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Tribes Hill?
A $183,000 home in Tribes Hill, New York costs approximately $1,769 per month with 20% down at 6.66%. That is $941 principal and interest, $299 property tax, $40 homeowners insurance, $337 utilities and $153 set aside for maintenance.
What is the property tax rate in Tribes Hill?
Tribes Hill has an effective property tax rate of 1.958%, based on a median home value of $182,600 and median real estate taxes of $3,575. That is lower than the Montgomery County average of 2.564%.
What is the average home price in Tribes Hill?
The median owner-occupied home value in Tribes Hill, New York is $182,600, against $141,600 across Montgomery County.
Is it cheaper to rent or buy in Tribes Hill?
Median gross rent in Tribes Hill is $615 a month, against $1,769 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 Tribes Hill — 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.