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

Homeowners with a mortgage in the Town of Little Valley, NY pay a median of $1,038 (±$118) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $613 (±$44).

46.2% of owned homes carry a mortgage.

In the Town of Little Valley, the median monthly cost with a mortgage went from $945 in 2015–2019 to $1,038 in 2020–2024 (+9.8%).

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
$1,038 (±$118)
Without a mortgage
$613 (±$44)
Owned with a mortgage
46.2%

Monthly owner costs in the Town of Little Valley

Median selected monthly owner costs, estimate (90% margin of error)
Town of Little ValleyCattaraugus CountyNew YorkUnited States
With a mortgage$1,038 (±$118)$1,263 (±$44)$2,555 (±$9)$1,963
Without a mortgage$613 (±$44)$544 (±$12)$958 (±$5)$638
Owned homes with a mortgage46.2% (±8.1 points)43.2% (±1.4 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$2,979 (±$296)$2,991 (±$81)$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 Little Valley, the median cost with a mortgage is lower than in Cattaraugus County ($1,263).

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

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

In Cattaraugus County, the Town of Little Valley ranks 33 of 34 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 985 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 Little Valley 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$945 (±$45)$1,038 (±$118)+9.8%No measurable change after inflation
Median real estate taxes$2,583 (±$215)$2,979 (±$296)+15.3%No measurable change after inflation
Median home value$81,300 (±$4,864)$118,000 (±$18,320)+45.1%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 the Town of Little Valley

Nearest places with a published estimate, compared with the Town of Little Valley
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Town of Little Valley—$1,038 (±$118)—
Village of Little Valley2.7 mi$1,068 (±$114)Not measurably different
Town of Salamanca4.2 mi$1,225 (±$311)Not measurably different
Salamanca4.2 mi$909 (±$98)Not measurably different
Town of Mansfield5.6 mi$1,728 (±$254)Higher
Village of Ellicottville5.6 mi$1,923 (±$88)Higher
Town of Great Valley6.5 mi$1,138 (±$100)Not measurably different
Town of Napoli6.5 mi$1,317 (±$225)Higher
Town of Ellicottville8.2 mi$1,915 (±$263)Higher

Nearby places with a measurably higher figure: Town of Mansfield, NY ($1,728), Village of Ellicottville, NY ($1,923), Town of Napoli, NY ($1,317).

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

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

RankPlaceMedian monthly cost with a mortgage
27 (tie)Town of Great Valley$1,138 (±$100)
27 (tie)Town of Machias$1,138 (±$193)
29Town of South Valley$1,125 (±$226)
30Town of Carrollton$1,113 (±$107)
31Town of Lyndon$1,094 (±$247)
32Town of Persia$1,083 (±$169)
33Town of Little Valley$1,038 (±$118)
34Salamanca$909 (±$98)

Showing 8 of 34 places in Cattaraugus County, ranked from highest to lowest.

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

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 Little Valley

What is the average mortgage payment in the Town of Little Valley?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Little Valley, NY is $1,038 (±$118) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in the Town of Little Valley pay a median of $613 (±$44) a month in taxes, insurance, utilities and fees.

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

In the Town of Little Valley, the median monthly cost with a mortgage went from $945 in 2015–2019 to $1,038 in 2020–2024 (+9.8%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

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 Little Valley town, Cattaraugus County, New York (county subdivision:42840, in state:36 county:009).

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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