The typical owner-occupied home in Celoron is worth about $92,700, 78% below the New York median of $423,800 and 72% below the national median of $332,700. Owners pay a median $1,927 a year in property taxes, about 2.08% of their home's value, higher than the New York rate of 1.55%. The median household earns $51,964 a year, so the median home costs 1.8 times the median income (4.9 times for New York). 60% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Celoron at a glance
| Celoron | New York | U.S. | |
|---|---|---|---|
| Median home value | $92,700 | $423,800 | $332,700 |
| Median property tax paid per year | $1,927 | $6,582 | $3,119 |
| Property tax as a share of value | 2.08% | 1.55% | 0.94% |
| Median household income | $51,964 | $85,974 | $80,734 |
| Homes lived in by their owners | 60% | 54% | 65% |
| Owner homes with a mortgage | 59% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $955 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 16.4% | 22.5% | 21.0% |
| Median rent | $917 | $1,621 | $1,413 |
| Rent as a share of renters' income | 32.8% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 5.9% | 10.0% | 10.1% |
| Population | 1,397 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Celoron
At this week's average 30-year rate of 7.11%, buying the median Celoron home of $92,700 with 20% down costs about $698 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $853, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $29,922 for the 20%-down payment. That payment is 16% of the median Celoron household income of $51,964; at that income and 20% down, the 28% guideline points to a home of about $161,000.
The median rent here is $917 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $18,540 |
|---|---|
| Loan amount | $74,160 |
| Principal and interest | $499 |
| Property taxes (2.08% a year) | $161 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $698 |
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| Down payment | $3,244 |
|---|---|
| Loan amount | $91,021 |
| Principal and interest | $612 |
| Property taxes (2.08% a year) | $161 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $41 |
| Total per month | $853 |
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Questions about home buying in Celoron
What is the median home value in Celoron?
About $92,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Celoron?
Homeowners pay a median $1,927 a year, which is about 2.08% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Celoron?
For the median home with 20% down at 7.11%, the payment is about $698 a month. Keeping that under 28% of gross income takes about $29,922 a year.
More about Celoron
- Mortgage Refinance in Celoron
- Debt Relief in Celoron
- Home Equity Loans in Celoron
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data