The typical owner-occupied home in Chaumont is worth about $212,800, 50% below the New York median of $423,800 and 36% below the national median of $332,700. Owners pay a median $3,261 a year in property taxes, about 1.53% of their home's value, close to the New York rate of 1.55%. The median household earns $76,125 a year, so the median home costs 2.8 times the median income (4.9 times for New York). 81% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Chaumont at a glance
| Chaumont | New York | U.S. | |
|---|---|---|---|
| Median home value | $212,800 | $423,800 | $332,700 |
| Median property tax paid per year | $3,261 | $6,582 | $3,119 |
| Property tax as a share of value | 1.53% | 1.55% | 0.94% |
| Median household income | $76,125 | $85,974 | $80,734 |
| Homes lived in by their owners | 81% | 54% | 65% |
| Owner homes with a mortgage | 53% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,625 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 17.3% | 22.5% | 21.0% |
| Median rent | $875 | $1,621 | $1,413 |
| Rent as a share of renters' income | 25.0% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 22.7% | 10.0% | 10.1% |
| Population | 650 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Chaumont
At this week's average 30-year rate of 7.11%, buying the median Chaumont home of $212,800 with 20% down costs about $1,505 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,860, 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 $64,509 for the 20%-down payment. That payment is 24% of the median Chaumont household income of $76,125; at that income and 20% down, the 28% guideline points to a home of about $251,000.
The median rent here is $875 a month, so owning the median home costs about $630 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $42,560 |
|---|---|
| Loan amount | $170,240 |
| Principal and interest | $1,145 |
| Property taxes (1.53% a year) | $271 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| PMI | $0 |
| Total per month | $1,505 |
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| Down payment | $7,448 |
|---|---|
| Loan amount | $208,946 |
| Principal and interest | $1,406 |
| Property taxes (1.53% a year) | $271 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| FHA mortgage insurance | $94 |
| Total per month | $1,860 |
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Questions about home buying in Chaumont
What is the median home value in Chaumont?
About $212,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Chaumont?
Homeowners pay a median $3,261 a year, which is about 1.53% 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 Chaumont?
For the median home with 20% down at 7.11%, the payment is about $1,505 a month. Keeping that under 28% of gross income takes about $64,509 a year.
More about Chaumont
- Mortgage Refinance in Chaumont
- Debt Relief in Chaumont
- Home Equity Loans in Chaumont
- 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