How much do homeowners pay a month in the Village of Highland Falls, NY?
Homeowners with a mortgage in the Village of Highland Falls, NY pay a median of $2,652 (±$146) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,334 (±$124).
82.6% of owned homes carry a mortgage.
In the Village of Highland Falls, the median monthly cost with a mortgage went from $2,216 in 2015–2019 to $2,652 in 2020–2024 (+19.7%).
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
- $2,652 (±$146)
- Without a mortgage
- $1,334 (±$124)
- Owned with a mortgage
- 82.6%
Monthly owner costs in the Village of Highland Falls
| Village of Highland Falls | Orange County | New York | United States | |
|---|---|---|---|---|
| With a mortgage | $2,652 (±$146) | $2,664 (±$34) | $2,555 (±$9) | $1,963 |
| Without a mortgage | $1,334 (±$124) | $1,140 (±$27) | $958 (±$5) | $638 |
| Owned homes with a mortgage | 82.6% (±8.0 points) | 66.5% (±1.3 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $8,494 (±$149) | $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 Village of Highland Falls, the median cost with a mortgage is not measurably different from Orange County ($2,664).
It is not measurably different from New York ($2,555).
It is higher than the national figure ($1,963).
In Orange County, the Village of Highland Falls ranks 9 of 19 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 151 of 528.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in the Village of Highland Falls have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,216 (±$234) | $2,652 (±$146) | +19.7% | No measurable change after inflation |
| Median home value | $231,700 (±$19,634) | $353,900 (±$35,934) | +52.7% | 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 Village of Highland Falls
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Village of Highland Falls | — | $2,652 (±$146) | — |
| Fort Montgomery | 1.8 mi | $3,519 (±$2,723) | Not measurably different |
| Town of Highlands | 2.0 mi | $2,632 (±$186) | Not measurably different |
| Village of Cold Spring | 3.8 mi | $3,404 (±$314) | Higher |
| Town of Philipstown | 4.1 mi | $3,275 (±$147) | Higher |
| Village of Nelsonville | 4.6 mi | $3,092 (±$238) | Higher |
| Village of Cornwall-on-Hudson | 5.3 mi | $3,539 (±$293) | Higher |
| Peekskill | 5.8 mi | $2,796 (±$120) | Not measurably different |
| Town of Cornwall | 5.9 mi | $3,123 (±$155) | Higher |
Nearby places with a measurably higher figure: Village of Cold Spring, NY ($3,404), Town of Philipstown, NY ($3,275), Village of Nelsonville, NY ($3,092).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Orange County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 3 | Village of Woodbury | $3,161 (±$326) |
| 4 | Village of Monroe | $3,147 (±$201) |
| 5 | Village of Warwick | $3,103 (±$256) |
| 6 | Village of South Blooming Grove | $3,091 (±$331) |
| 7 | Village of Washingtonville | $2,770 (±$329) |
| 8 | Village of Unionville | $2,667 (±$459) |
| 9 | Village of Highland Falls | $2,652 (±$146) |
| 10 | Village of Florida | $2,638 (±$117) |
| 11 | Village of Kiryas Joel | $2,616 (±$264) |
| 12 | Village of Greenwood Lake | $2,610 (±$573) |
| 13 | Village of Chester | $2,556 (±$299) |
| 14 | Village of Goshen | $2,502 (±$504) |
| 15 | Village of Harriman | $2,448 (±$342) |
Showing 13 of 19 places in Orange County, ranked from highest to lowest.
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 Village of Highland Falls
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 Village of Highland Falls beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Village of Highland Falls, 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 Village of Highland Falls, and send estimates and invoices from your phone.
Questions about Village of Highland Falls
What is the average mortgage payment in the Village of Highland Falls?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Village of Highland Falls, NY is $2,652 (±$146) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in the Village of Highland Falls?
Owners without a mortgage in the Village of Highland Falls pay a median of $1,334 (±$124) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in the Village of Highland Falls gone up?
In the Village of Highland Falls, the median monthly cost with a mortgage went from $2,216 in 2015–2019 to $2,652 in 2020–2024 (+19.7%).
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 — Highland Falls village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Highland Falls village, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Highland Falls village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Highland Falls village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Highland Falls village, 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 Highland Falls village, New York (place:34495, 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 the Village of Highland Falls at a glance
- Median rent in the Village of Highland Falls
- Rent by bedrooms in the Village of Highland Falls
- Rent burden in the Village of Highland Falls
- Renters and owners in the Village of Highland Falls
- Income and affordability in the Village of Highland Falls
- Home values in the Village of Highland Falls
- Property taxes in the Village of Highland Falls
- Types of homes in the Village of Highland Falls
- Bedrooms in the Village of Highland Falls
- Age of homes in the Village of Highland Falls
- Heating fuel in the Village of Highland Falls
- Commute and cars in the Village of Highland Falls
- Crime reported to police in the Village of Highland Falls
- Population growth in the Village of Highland Falls
- How long people stay in the Village of Highland Falls
- New York landlord and tenant rules
- Housing across Orange County
- Housing data for every place in New York