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

Homeowners with a mortgage in the Town of Newport, NY pay a median of $1,491 (±$112) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $566 (±$84).

54.9% of owned homes carry a mortgage.

In the Town of Newport, the median monthly cost with a mortgage went from $1,213 in 2015–2019 to $1,491 in 2020–2024 (+22.9%).

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
$1,491 (±$112)
Without a mortgage
$566 (±$84)
Owned with a mortgage
54.9%

Monthly owner costs in the Town of Newport

Median selected monthly owner costs, estimate (90% margin of error)
Town of NewportHerkimer CountyNew YorkUnited States
With a mortgage$1,491 (±$112)$1,336 (±$57)$2,555 (±$9)$1,963
Without a mortgage$566 (±$84)$590 (±$20)$958 (±$5)$638
Owned homes with a mortgage54.9% (±8.4 points)49.1% (±2.3 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$3,151 (±$358)$3,107 (±$106)$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 Newport, the median cost with a mortgage is higher than in Herkimer County ($1,336).

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

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

In Herkimer County, the Town of Newport ranks 10 of 20 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 596 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 Newport 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$1,213 (±$86)$1,491 (±$112)+22.9%No measurable change after inflation
Median real estate taxes$2,166 (±$289)$3,151 (±$358)+45.5%No measurable change after inflation
Median home value$109,400 (±$9,080)$193,300 (±$11,595)+76.7%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 Newport

Nearest places with a published estimate, compared with the Town of Newport
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Town of Newport—$1,491 (±$112)—
Village of Newport1.4 mi$1,292 (±$245)Not measurably different
Village of Poland3.7 mi$1,375 (±$253)Not measurably different
Village of Middleville4.3 mi$1,412 (±$304)Not measurably different
Village of Cold Brook4.4 mi$1,364 (±$167)Not measurably different
Town of Schuyler5.2 mi$1,439 (±$136)Not measurably different
Town of Deerfield5.7 mi$1,633 (±$107)Not measurably different
Town of Norway5.8 mi$1,463 (±$232)Not measurably different
Town of Fairfield5.9 mi$1,792 (±$331)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

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

RankPlaceMedian monthly cost with a mortgage
4Town of Russia$1,773 (±$124)
5Town of Warren$1,675 (±$302)
6Town of Litchfield$1,670 (±$259)
7Town of Columbia$1,647 (±$349)
8Town of Danube$1,608 (±$211)
9Town of Ohio$1,583 (±$463)
10Town of Newport$1,491 (±$112)
11Town of Norway$1,463 (±$232)
12Town of Schuyler$1,439 (±$136)
13Town of Frankfort$1,340 (±$173)
14Town of Little Falls$1,339 (±$169)
15Town of Herkimer$1,282 (±$174)
16Town of Manheim$1,230 (±$91)

Showing 13 of 20 places in Herkimer County, ranked from highest to lowest.

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

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

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Town of Newport, NY is $1,491 (±$112) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in the Town of Newport pay a median of $566 (±$84) a month in taxes, insurance, utilities and fees.

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

In the Town of Newport, the median monthly cost with a mortgage went from $1,213 in 2015–2019 to $1,491 in 2020–2024 (+22.9%).

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 Newport town, Herkimer County, New York (county subdivision:50584, in state:36 county:043).

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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