The typical owner-occupied home in Clifton Springs is worth about $178,300, 58% below the New York median of $423,800 and 46% below the national median of $332,700. Owners pay a median $5,215 a year in property taxes, about 2.92% of their home's value, higher than the New York rate of 1.55%. The median household earns $64,565 a year, so the median home costs 2.8 times the median income (4.9 times for New York). 61% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Clifton Springs at a glance
| Clifton Springs | New York | U.S. | |
|---|---|---|---|
| Median home value | $178,300 | $423,800 | $332,700 |
| Median property tax paid per year | $5,215 | $6,582 | $3,119 |
| Property tax as a share of value | 2.92% | 1.55% | 0.94% |
| Median household income | $64,565 | $85,974 | $80,734 |
| Homes lived in by their owners | 61% | 54% | 65% |
| Owner homes with a mortgage | 70% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,475 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 17.3% | 22.5% | 21.0% |
| Median rent | $680 | $1,621 | $1,413 |
| Rent as a share of renters' income | 29.3% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 2.9% | 10.0% | 10.1% |
| Population | 2,273 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Clifton Springs
At this week's average 30-year rate of 7.11%, buying the median Clifton Springs home of $178,300 with 20% down costs about $1,468 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,765, 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 $62,902 for the 20%-down payment. That payment is 27% of the median Clifton Springs household income of $64,565; at that income and 20% down, the 28% guideline points to a home of about $183,000.
The median rent here is $680 a month, so owning the median home costs about $788 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,660 |
|---|---|
| Loan amount | $142,640 |
| Principal and interest | $960 |
| Property taxes (2.92% a year) | $434 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| PMI | $0 |
| Total per month | $1,468 |
Change the numbers in the calculator
| Down payment | $6,240 |
|---|---|
| Loan amount | $175,071 |
| Principal and interest | $1,178 |
| Property taxes (2.92% a year) | $434 |
| Homeowners insurance (our estimate, 0.5% a year) | $74 |
| FHA mortgage insurance | $79 |
| Total per month | $1,765 |
Change the numbers in the calculator
Questions about home buying in Clifton Springs
What is the median home value in Clifton Springs?
About $178,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clifton Springs?
Homeowners pay a median $5,215 a year, which is about 2.92% 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 Clifton Springs?
For the median home with 20% down at 7.11%, the payment is about $1,468 a month. Keeping that under 28% of gross income takes about $62,902 a year.
More about Clifton Springs
- Mortgage Refinance in Clifton Springs
- Debt Relief in Clifton Springs
- Home Equity Loans in Clifton Springs
- 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