How much house can you afford in Rochester? With a median price of $240,000 and a typical effective property tax rate of 3.1%, here are the real numbers a typical buyer faces in Monroe County — plus a calculator for your exact case.
| Median home price | $240,000 |
| Down payment (20%) | $48,000 |
| Loan amount | $192,000 |
| Principal & interest / mo | $1,214 |
| Property tax / mo (3.1%) | $620 |
| Insurance / mo | $150 |
| Total monthly payment | $1,984 |
| Annual income needed (28% rule) | $85,010 |
Rochester has among the highest effective tax RATES in the country, but prices are so low that total monthly costs remain very affordable.
Different income, debts, down payment or rate — the calculator adjusts instantly and gives you a conservative-to-aggressive range for Rochester.
Calculate my Rochester mortgage →The typical effective rate in Monroe County is about 3.1% of home value per year. On a median $240,000 home that is roughly $7,440 per year ($620 per month).
For the median $240,000 home with 20% down, the total payment is about $1,984/mo. Under the 28% rule you need a gross income of ~$85,010 per year. With a smaller down payment or existing debts, the figure rises.
No. Monroe County is outside NYC, so the city's mortgage recording tax does not apply. The 1% state mansion tax only kicks in at $1 million or more.
Indicative figures based on public data and the stated assumptions; not financial advice. Confirm rates and taxes with your lender and attorney.
