How much do homeowners pay a month in Merritt Park, NY?
Homeowners with a mortgage in Merritt Park, NY pay a median of $3,667 (±$215) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,439 (±$246).
81.8% of owned homes carry a mortgage.
In Merritt Park, the median monthly cost with a mortgage went from $2,936 in 2015–2019 to $3,667 in 2020–2024 (+24.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- With a mortgage
- $3,667 (±$215)
- Without a mortgage
- $1,439 (±$246)
- Owned with a mortgage
- 81.8%
Monthly owner costs in Merritt Park
| Merritt Park | Dutchess County | New York | United States | |
|---|---|---|---|---|
| With a mortgage | $3,667 (±$215) | $2,597 (±$41) | $2,555 (±$9) | $1,963 |
| Without a mortgage | $1,439 (±$246) | $1,064 (±$25) | $958 (±$5) | $638 |
| Owned homes with a mortgage | 81.8% (±10.0 points) | 62.4% (±1.2 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $8,407 (±$745) | $7,562 (±$157) | $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 Merritt Park, the median cost with a mortgage is higher than in Dutchess County ($2,597).
It is also higher than in New York ($2,555).
It is higher than the national figure ($1,963).
In Dutchess County, Merritt Park ranks 1 of 17 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 98 of 404.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Merritt Park have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,936 (±$212) | $3,667 (±$215) | +24.9% | No measurable change after inflation |
| Median real estate taxes | $8,100 (±$472) | $8,407 (±$745) | +3.8% | Down after inflation |
| Median home value | $386,500 (±$20,057) | $492,100 (±$49,631) | +27.3% | 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 Merritt Park
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Merritt Park | — | $3,667 (±$215) | — |
| Village of Fishkill | 1.1 mi | $1,637 (±$311) | Lower |
| Brinckerhoff | 1.1 mi | $2,308 (±$209) | Lower |
| Myers Corner | 3.2 mi | $2,580 (±$120) | Lower |
| Town of Wappinger | 3.5 mi | $2,523 (±$107) | Lower |
| Hopewell Junction | 4.3 mi | $3,467 (±$617) | Not measurably different |
| Village of Wappingers Falls | 4.7 mi | $1,960 (±$1,405) | Lower |
| Town of East Fishkill | 4.9 mi | $3,076 (±$108) | Lower |
| Beacon | 5.4 mi | $2,606 (±$173) | Lower |
Nearby places with a measurably lower figure: Village of Fishkill, NY ($1,637), Brinckerhoff, NY ($2,308), Myers Corner, NY ($2,580).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Dutchess County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Merritt Park | $3,667 (±$215) |
| 2 | Hopewell Junction | $3,467 (±$617) |
| 3 | Spackenkill | $2,850 (±$325) |
| 4 | Vassar College | $2,833 (±$2,060) |
| 5 | Crown Heights | $2,665 (±$288) |
| 6 | Arlington | $2,598 (±$477) |
| 7 | Myers Corner | $2,580 (±$120) |
Showing 7 of 17 places in Dutchess County, ranked from highest to lowest.
Merritt Park 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 Fishkill, 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.
What you can do on Seayora in Merritt Park
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Merritt Park beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Merritt Park, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Merritt Park, and send estimates and invoices from your phone.
Questions about Merritt Park
What is the average mortgage payment in Merritt Park?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Merritt Park, NY is $3,667 (±$215) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Merritt Park?
Owners without a mortgage in Merritt Park pay a median of $1,439 (±$246) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Merritt Park gone up?
In Merritt Park, the median monthly cost with a mortgage went from $2,936 in 2015–2019 to $3,667 in 2020–2024 (+24.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Merritt Park CDP, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Merritt Park CDP, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Merritt Park CDP, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Merritt Park CDP, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Merritt Park CDP, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Merritt Park CDP, New York (place:46750, 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.
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 .
Related
- Housing in Merritt Park at a glance
- Income and affordability in Merritt Park
- Home values in Merritt Park
- Property taxes in Merritt Park
- Types of homes in Merritt Park
- Bedrooms in Merritt Park
- Heating fuel in Merritt Park
- Commute and cars in Merritt Park
- Population growth in Merritt Park
- New York landlord and tenant rules
- Housing across Dutchess County
- Housing data for every place in New York