The typical owner-occupied home in Fort Plain is worth about $80,900, 81% below the New York median of $423,800 and 76% below the national median of $332,700. Owners pay a median $2,938 a year in property taxes, about 3.63% of their home's value, higher than the New York rate of 1.55%. The median household earns $34,738 a year, so the median home costs 2.3 times the median income (4.9 times for New York). 71% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Fort Plain at a glance
| Fort Plain | New York | U.S. | |
|---|---|---|---|
| Median home value | $80,900 | $423,800 | $332,700 |
| Median property tax paid per year | $2,938 | $6,582 | $3,119 |
| Property tax as a share of value | 3.63% | 1.55% | 0.94% |
| Median household income | $34,738 | $85,974 | $80,734 |
| Homes lived in by their owners | 71% | 54% | 65% |
| Owner homes with a mortgage | 44% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,351 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 22.5% | 21.0% |
| Median rent | $709 | $1,621 | $1,413 |
| Rent as a share of renters' income | 31.1% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 21.7% | 10.0% | 10.1% |
| Population | 2,290 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Fort Plain
At this week's average 30-year rate of 7.11%, buying the median Fort Plain home of $80,900 with 20% down costs about $714 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $849, 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 $30,592 for the 20%-down payment. That payment is 25% of the median Fort Plain household income of $34,738; at that income and 20% down, the 28% guideline points to a home of about $92,000.
The median rent here is $709 a month, so owning the median home costs about $5 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $16,180 |
|---|---|
| Loan amount | $64,720 |
| Principal and interest | $435 |
| Property taxes (3.63% a year) | $245 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| PMI | $0 |
| Total per month | $714 |
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| Down payment | $2,832 |
|---|---|
| Loan amount | $79,435 |
| Principal and interest | $534 |
| Property taxes (3.63% a year) | $245 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| FHA mortgage insurance | $36 |
| Total per month | $849 |
Change the numbers in the calculator
Questions about home buying in Fort Plain
What is the median home value in Fort Plain?
About $80,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fort Plain?
Homeowners pay a median $2,938 a year, which is about 3.63% 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 Fort Plain?
For the median home with 20% down at 7.11%, the payment is about $714 a month. Keeping that under 28% of gross income takes about $30,592 a year.
More about Fort Plain
- Mortgage Refinance in Fort Plain
- Debt Relief in Fort Plain
- Home Equity Loans in Fort Plain
- 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