How much do homeowners pay a month in Latham, NY?

Name: Homeowner costs in Latham, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in Latham, NY pay a median of $2,069 (±$148) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $723 (±$67).

61.0% of owned homes carry a mortgage.

Figures last updated on November 12, 2026.

With a mortgage: $2,069 (±$148)
Without a mortgage: $723 (±$67)
Owned with a mortgage: 61.0%

Monthly owner costs in Latham

Median selected monthly owner costs, estimate (90% margin of error)
	Latham	Albany County	New York	United States
With a mortgage	$2,069 (±$148)	$1,998 (±$35)	$2,555 (±$9)	$1,963
Without a mortgage	$723 (±$67)	$765 (±$23)	$958 (±$5)	$638
Owned homes with a mortgage	61.0% (±5.6 points)	60.4% (±1.3 points)	57.8% (±0.2 points)	60.6%
Median real estate taxes (a year)	$4,742 (±$371)	$5,200 (±$133)	$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 Latham, the median cost with a mortgage is not measurably different from Albany County ($1,998).

It is also lower than in New York ($2,555).

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

In Albany County, Latham ranks 3 of 4 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 291 of 404.

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

Median monthly cost with a mortgage in places near Latham

Nearest places with a published estimate, compared with Latham
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Latham	—	$2,069 (±$148)	—
Loudonville	2.3 mi	$2,251 (±$309)	Not measurably different
Watervliet	2.5 mi	$1,620 (±$196)	Lower
Town of Green Island	3.0 mi	$1,203 (±$820)	Lower
Village of Green Island	3.0 mi	$1,203 (±$820)	Lower
Cohoes	3.0 mi	$1,716 (±$161)	Lower
Village of Menands	3.7 mi	$1,860 (±$498)	Not measurably different
Troy	3.8 mi	$1,774 (±$85)	Lower
Roessleville	3.9 mi	$1,712 (±$91)	Lower

Nearby places with a measurably lower figure: Watervliet, NY ($1,620), Town of Green Island, NY ($1,203), Village of Green Island, NY ($1,203).

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

Median monthly cost with a mortgage across Albany County, place by place

Rank	Place	Median monthly cost with a mortgage
1	Westmere	$2,260 (±$255)
2	Loudonville	$2,251 (±$309)
3	Latham	$2,069 (±$148)
4	Roessleville	$1,712 (±$91)

Latham 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 Colonie, 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 Latham

What is the average mortgage payment in Latham?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Latham, NY is $2,069 (±$148) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in Latham pay a median of $723 (±$67) a month in taxes, insurance, utilities and fees.

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 Latham CDP, New York (place:41399, 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.