This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Montour Falls page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 1,666, so Montour Falls should be compared with similar-size places before using broader New York averages. Median household income is $43,083, so the best affordability read for Montour Falls is income versus housing, taxes, utilities, and insurance together.
Median home value is $115,500, so ownership costs in Montour Falls should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $683/mo, so renters can compare Montour Falls against ownership costs and nearby rental markets.
Housing and Income Context
For Montour Falls, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Montour Falls looks more favorable for renting, buying, or comparing with Horseheads, NY.
Utility Cost Context
The residential electricity benchmark is $0.286/kWh, so Montour Falls households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Montour Falls is a New York state-level EIA benchmark, so it should not be read as a local provider tariff.
For Montour Falls, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $3,162, so Montour Falls buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Montour Falls address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Montour Falls depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Montour Falls, especially when comparing with Horseheads, NY.
Population and Demographics
Median age is 47.3, so Montour Falls may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 19.4%, so Montour Falls education context can be useful when reading labor-market and school sections.
Unemployment is 4.6%, so Montour Falls wage and job-market context should be compared with commute options and regional employment centers.
