Total monthly cost of ownership
Cost to Own a Home in Tupper Lake, New York
A $106,000 home here costs
$1,159per 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 $49,500 a year.
A standard mortgage calculator would have told you $578. The real number is $581 higher every month, 100% more than the payment most buyers budget for.
Compare Franklin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Tupper Lake from a five-year rolling sample, and with about 3,072 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 Franklin 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.
Tupper Lake against Franklin County and New York
| Measure | Tupper Lake | Franklin County |
|---|---|---|
| Median home value | $106,300 | $128,600 |
| Median property tax | $2,858 | $2,418 |
| Effective tax rate | 2.689% | 1.880% |
| Median gross rent | $633 | $819 |
| Population | 3,072 | 47,066 |
The weather behind that power bill
Tupper Lake sits in Franklin 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 Franklin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in New York
Talk to someone who works this market
These are Tupper Lake 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 Tupper Lake every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Tupper Lake I already own here and may sell
Common questions
How much does it cost to own a home in Tupper Lake?
A $106,000 home in Tupper Lake, New York costs approximately $1,159 per month with 20% down at 7.24%. That is $578 principal and interest, $238 property tax, $23 homeowners insurance, $232 utilities and $88 set aside for maintenance.
What is the property tax rate in Tupper Lake?
Tupper Lake has an effective property tax rate of 2.689%, based on a median home value of $106,300 and median real estate taxes of $2,858. That is higher than the Franklin County average of 1.880%.
What is the average home price in Tupper Lake?
The median owner-occupied home value in Tupper Lake, New York is $106,300, against $128,600 across Franklin County.
Is it cheaper to rent or buy in Tupper Lake?
Median gross rent in Tupper Lake is $633 a month, against $1,159 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Tupper Lake?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Tupper Lake, New York at today's rate takes a household income of roughly $49,500 a year. That covers the full $1,159 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Tupper 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.