How much do homeowners pay a month in the Town of Carmel, NY?

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

Homeowners with a mortgage in the Town of Carmel, NY pay a median of $3,335 (±$119) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $1,455 (±$109).

62.1% of owned homes carry a mortgage.

In the Town of Carmel, the median monthly cost with a mortgage went from $3,051 in 2015–2019 to $3,335 in 2020–2024 (+9.3%).

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

Figures last updated on November 12, 2026.

With a mortgage: $3,335 (±$119)
Without a mortgage: $1,455 (±$109)
Owned with a mortgage: 62.1%

Monthly owner costs in the Town of Carmel

Median selected monthly owner costs, estimate (90% margin of error)
	Town of Carmel	Putnam County	New York	United States
With a mortgage	$3,335 (±$119)	$3,122 (±$82)	$2,555 (±$9)	$1,963
Without a mortgage	$1,455 (±$109)	$1,334 (±$41)	$958 (±$5)	$638
Owned homes with a mortgage	62.1% (±3.9 points)	64.4% (±2.0 points)	57.8% (±0.2 points)	60.6%
Median real estate taxes (a year)	$10,000 or more	$10,000 or more	$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 the Town of Carmel, the median cost with a mortgage is higher than in Putnam County ($3,122).

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

It is higher than the national figure ($1,963).

In Putnam County, the Town of Carmel ranks 2 of 6 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 39 of 999.

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

How owner costs in the Town of Carmel have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$3,051 (±$122)	$3,335 (±$119)	+9.3%	Down after inflation
Median home value	$379,300 (±$7,869)	$495,100 (±$16,690)	+30.5%	Up 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 the Town of Carmel

Nearest places with a published estimate, compared with the Town of Carmel
Place	Distance	Median monthly cost with a mortgage	Compared with this place
Town of Carmel	—	$3,335 (±$119)	—
Heritage Hills	3.5 mi	$2,473 (±$372)	Lower
Lincolndale	3.6 mi	$3,500 (±$1,654)	Not measurably different
Shenorock	4.0 mi	$2,453 (±$514)	Lower
Town of Kent	4.9 mi	$2,742 (±$96)	Lower
Brewster Heights	5.1 mi	$2,677 (±$122)	Lower
Village of Brewster	5.6 mi	$2,487 (±$338)	Lower
Town of Somers	5.7 mi	$3,699 (±$307)	Higher
Town of Putnam Valley	6.1 mi	$3,513 (±$369)	Not measurably different

Nearby places with a measurably lower figure: Heritage Hills, NY ($2,473), Shenorock, NY ($2,453), Town of Kent, NY ($2,742).

Nearby places with a measurably higher figure: Town of Somers, NY ($3,699).

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

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

Rank	Place	Median monthly cost with a mortgage
1	Town of Putnam Valley	$3,513 (±$369)
2	Town of Carmel	$3,335 (±$119)
3	Town of Philipstown	$3,275 (±$147)
4	Town of Patterson	$3,065 (±$265)
5	Town of Southeast	$2,883 (±$129)
6	Town of Kent	$2,742 (±$96)

A New York town includes the villages and hamlets inside it, so the figures for the Town of Carmel include them.

The figures for the Town of Carmel include the places inside it that have pages of their own: Carmel (community), Mahopac.

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 Town of Carmel

What is the average mortgage payment in the Town of Carmel?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Carmel, NY is $3,335 (±$119) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in the Town of Carmel?

Owners without a mortgage in the Town of Carmel pay a median of $1,455 (±$109) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in the Town of Carmel gone up?

In the Town of Carmel, the median monthly cost with a mortgage went from $3,051 in 2015–2019 to $3,335 in 2020–2024 (+9.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease 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 Carmel town, Putnam County, New York (county subdivision:12529, in state:36 county:079).

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.