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

Homeowners with a mortgage in the Town of Marathon, NY pay a median of $1,492 (±$113) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $605 (±$48).

61.8% of owned homes carry a mortgage.

In the Town of Marathon, the median monthly cost with a mortgage went from $1,245 in 2015–2019 to $1,492 in 2020–2024 (+19.8%).

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
$1,492 (±$113)
Without a mortgage
$605 (±$48)
Owned with a mortgage
61.8%

Monthly owner costs in the Town of Marathon

Median selected monthly owner costs, estimate (90% margin of error)
Town of MarathonCortland CountyNew YorkUnited States
With a mortgage$1,492 (±$113)$1,537 (±$60)$2,555 (±$9)$1,963
Without a mortgage$605 (±$48)$641 (±$20)$958 (±$5)$638
Owned homes with a mortgage61.8% (±8.3 points)53.5% (±2.5 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$3,373 (±$245)$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 the Town of Marathon, the median cost with a mortgage is not measurably different from Cortland County ($1,537).

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

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

In Cortland County, the Town of Marathon ranks 10 of 16 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 593 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 Marathon 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$1,245 (±$116)$1,492 (±$113)+19.8%No measurable change after inflation
Median real estate taxes$3,155 (±$434)$3,373 (±$245)+6.9%No measurable change after inflation
Median home value$112,700 (±$7,795)$136,100 (±$15,335)+20.8%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 Marathon

Nearest places with a published estimate, compared with the Town of Marathon
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Town of Marathon—$1,492 (±$113)—
Village of Marathon2.0 mi$1,424 (±$126)Not measurably different
Town of Lisle4.2 mi$1,426 (±$294)Not measurably different
Town of Willet4.6 mi$1,401 (±$175)Not measurably different
Village of Lisle5.5 mi$1,170 (±$200)Lower
Town of Lapeer5.9 mi$1,551 (±$229)Not measurably different
Town of Triangle6.3 mi$1,395 (±$113)Not measurably different
Town of Freetown6.4 mi$1,755 (±$444)Not measurably different
Village of Whitney Point7.0 mi$1,605 (±$268)Not measurably different

Nearby places with a measurably lower figure: Village of Lisle, NY ($1,170).

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

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

RankPlaceMedian monthly cost with a mortgage
4Town of Homer$1,753 (±$124)
5Town of Preble$1,692 (±$157)
6Town of Scott$1,647 (±$223)
7Town of Cortlandville$1,621 (±$182)
8Town of Solon$1,575 (±$181)
9Town of Lapeer$1,551 (±$229)
10Town of Marathon$1,492 (±$113)
11Town of Cuyler$1,414 (±$352)
12Cortland$1,404 (±$67)
13Town of Willet$1,401 (±$175)
14Town of Cincinnatus$1,378 (±$105)
15Town of Taylor$1,330 (±$211)
16Town of Harford$1,144 (±$458)

Showing 13 of 16 places in Cortland County, ranked from highest to lowest.

A New York town includes the villages and hamlets inside it, so the figures for the Town of Marathon 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 Marathon

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

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Marathon, NY is $1,492 (±$113) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in the Town of Marathon pay a median of $605 (±$48) a month in taxes, insurance, utilities and fees.

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

In the Town of Marathon, the median monthly cost with a mortgage went from $1,245 in 2015–2019 to $1,492 in 2020–2024 (+19.8%).

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 Marathon town, Cortland County, New York (county subdivision:45403, in state:36 county:023).

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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