Total monthly cost of ownership
Cost to Own a Home in Warrensburg, New York
A $146,000 home here costs
$1,426per 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 $61,000 a year.
A standard mortgage calculator would have told you $796. The real number is $630 higher every month, 79% more than the payment most buyers budget for.
Compare Warren County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Warrensburg from a five-year rolling sample, and with about 3,285 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 Warren 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.
Warrensburg against Warren County and New York
| Measure | Warrensburg | Warren County |
|---|---|---|
| Median home value | $146,200 | $247,600 |
| Median property tax | $2,945 | $3,789 |
| Effective tax rate | 2.014% | 1.530% |
| Median gross rent | $1,040 | $1,089 |
| Population | 3,285 | 65,560 |
The weather behind that power bill
Warrensburg sits in Warren County, which averages a high of 81.5°F in its hottest month and a low of 9.7°F in its coldest, with 38.21" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 407 cooling and 7,409 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Warren County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Warren County
Full Warren County cost breakdown · Every county in New York
Talk to someone who works this market
These are Warrensburg 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 Warrensburg 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 Warrensburg?
A $146,000 home in Warrensburg, New York costs approximately $1,426 per month with 20% down at 7.24%. That is $796 principal and interest, $245 property tax, $32 homeowners insurance, $232 utilities and $122 set aside for maintenance.
What is the property tax rate in Warrensburg?
Warrensburg has an effective property tax rate of 2.014%, based on a median home value of $146,200 and median real estate taxes of $2,945. That is higher than the Warren County average of 1.530%.
What is the average home price in Warrensburg?
The median owner-occupied home value in Warrensburg, New York is $146,200, against $247,600 across Warren County.
Is it cheaper to rent or buy in Warrensburg?
Median gross rent in Warrensburg is $1,040 a month, against $1,426 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 Warrensburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Warrensburg, New York at today's rate takes a household income of roughly $61,000 a year. That covers the full $1,426 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Warrensburg, 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.