How much do homeowners pay a month in the Village of Solvay, NY?

Homeowners with a mortgage in the Village of Solvay, NY pay a median of $1,267 (±$150) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $632 (±$93).

55.3% of owned homes carry a mortgage.

In the Village of Solvay, the median monthly cost with a mortgage went from $1,121 in 2015–2019 to $1,267 in 2020–2024 (+13.0%).

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
$1,267 (±$150)
Without a mortgage
$632 (±$93)
Owned with a mortgage
55.3%

Monthly owner costs in the Village of Solvay

Median selected monthly owner costs, estimate (90% margin of error)
Village of SolvayOnondaga CountyNew YorkUnited States
With a mortgage$1,267 (±$150)$1,641 (±$19)$2,555 (±$9)$1,963
Without a mortgage$632 (±$93)$708 (±$14)$958 (±$5)$638
Owned homes with a mortgage55.3% (±6.1 points)60.1% (±0.9 points)57.8% (±0.2 points)60.6%
Median real estate taxes (a year)$4,459 (±$415)$4,880 (±$72)$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 Solvay, the median cost with a mortgage is lower than in Onondaga County ($1,641).

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

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

In Onondaga County, the Village of Solvay ranks 14 of 15 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 440 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 Solvay 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$1,121 (±$82)$1,267 (±$150)+13.0%No measurable change after inflation
Median real estate taxes$3,707 (±$343)$4,459 (±$415)+20.3%No measurable change after inflation
Median home value$113,800 (±$7,526)$150,000 (±$13,105)+31.8%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 Village of Solvay

Nearest places with a published estimate, compared with the Village of Solvay
PlaceDistanceMedian monthly cost with a mortgageCompared with this place
Village of Solvay—$1,267 (±$150)—
Westvale1.2 mi$1,777 (±$123)Higher
Town of Geddes1.5 mi$1,568 (±$58)Higher
Fairmount2.1 mi$1,618 (±$55)Higher
Galeville2.4 mi$1,334 (±$220)Not measurably different
Lakeland2.8 mi$1,572 (±$84)Higher
Village of Liverpool3.4 mi$1,851 (±$187)Higher
Syracuse3.6 mi$1,238 (±$36)Not measurably different
Town of Salina3.9 mi$1,421 (±$52)Not measurably different

Nearby places with a measurably higher figure: Westvale, NY ($1,777), Town of Geddes, NY ($1,568), Fairmount, NY ($1,618).

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

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

RankPlaceMedian monthly cost with a mortgage
8Village of Minoa$1,607 (±$175)
9Village of Camillus$1,509 (±$130)
10Village of Jordan$1,506 (±$175)
11Village of Fabius$1,500 (±$212)
12Village of North Syracuse$1,468 (±$89)
13Village of East Syracuse$1,299 (±$220)
14Village of Solvay$1,267 (±$150)
15Village of Elbridge$1,260 (±$306)

Showing 8 of 15 places in Onondaga 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.

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Questions about Village of Solvay

What is the average mortgage payment in the Village of Solvay?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Village of Solvay, NY is $1,267 (±$150) a month, including taxes, insurance and utilities.

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

Owners without a mortgage in the Village of Solvay pay a median of $632 (±$93) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in the Village of Solvay gone up?

In the Village of Solvay, the median monthly cost with a mortgage went from $1,121 in 2015–2019 to $1,267 in 2020–2024 (+13.0%).

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 Solvay village, New York (place:68286, 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.

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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