How much do homeowners pay a month in Cortland West, NY?

Homeowners with a mortgage in Cortland West, NY pay a median of $2,551 (±$745) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,227 (±$347).

68.1% of owned homes carry a mortgage.

In Cortland West, the median monthly cost with a mortgage went from $1,404 in 2015–2019 to $2,551 in 2020–2024 (+81.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

With a mortgage
$2,551 (±$745)
Without a mortgage
$1,227 (±$347)
Owned with a mortgage
68.1%

Monthly owner costs in Cortland West

Median selected monthly owner costs, estimate (90% margin of error)
Cortland WestCortland CountyNew YorkUnited States
With a mortgage$2,551 (±$745)$1,537 (±$60)$2,555 (±$9)$1,963
Without a mortgage$1,227 (±$347)$641 (±$20)$958 (±$5)$638
Owned homes with a mortgage68.1% (±16.0 points)53.5% (±2.5 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$9,975 (±$2,636)$4,149 (±$145)$6,582 (±$21)$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In Cortland West, the median cost with a mortgage is higher than in Cortland County ($1,537).

It is not measurably different from New York ($2,555).

It is not measurably different from the national figure ($1,963).

Statewide, it ranks 240 of 404.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in Cortland West have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median owner cost with a mortgage$1,404 (±$105)$2,551 (±$745)+81.7%Up after inflation
Median real estate taxes$5,782 (±$844)$9,975 (±$2,636)+72.5%Up after inflation
Median home value$195,000 (±$35,115)$275,500 (±$56,143)+41.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near Cortland West

Nearest places with a published estimate, compared with Cortland West
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Cortland West—$2,551 (±$745)—
Munsons Corners1.9 mi$1,394 (±$119)Lower
Cortland2.4 mi$1,404 (±$67)Lower
Village of Homer3.6 mi$1,595 (±$161)Lower
Town of Homer5.5 mi$1,753 (±$124)Lower
Town of Virgil6.0 mi$1,892 (±$344)Not measurably different
Town of Summerhill6.3 mi$1,657 (±$147)Lower
Village of McGraw6.5 mi$1,455 (±$176)Lower
Town of Groton6.9 mi$1,424 (±$49)Lower

Nearby places with a measurably lower figure: Munsons Corners, NY ($1,394), Cortland, NY ($1,404), Village of Homer, NY ($1,595).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Cortland West is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside the Town of Cortlandville, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cortland West

What is the average mortgage payment in Cortland West?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Cortland West, NY is $2,551 (±$745) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in Cortland West?

Owners without a mortgage in Cortland West pay a median of $1,227 (±$347) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in Cortland West gone up?

In Cortland West, the median monthly cost with a mortgage went from $1,404 in 2015–2019 to $2,551 in 2020–2024 (+81.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Cortland West CDP, New York (place:18443, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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