13323, Clinton, NY

Clinton, NY is located in the 13323 zip code. Clinton has a population of approximately 10,000 people. The median household income in Clinton is $60,000. The median home value in Clinton is $155,000. Home equity and home prices are important factors to consider when looking at purchasing a home in Clinton.

Home equity refers to the value of a homeowner's home minus all outstanding mortgages and other liens on the property. Home prices refer to the price at which homes are sold or offered for sale. Both of these factors can be important indicators of whether or not it is financially feasible for someone to purchase a home in Clinton.

According to data from Zillow, the average monthly payment on a mortgage in Clinton is $1,824. This means that it would take approximately 36 months for someone who was borrowing 100% of the value of their home to pay off their mortgage using only their monthly income from employment (assuming they were making an annual salary of $60,000). On the other hand, if someone wanted to purchase a home without taking out any loans whatsoever (i.e., they had enough money saved up), they would need to save an estimated $269 per month over 36 months in order to have enough money available when they made their purchase offer (assuming they were buying a house worth $155,000). In both cases it is important to keep in mind that this calculation does not include any additional costs associated with purchasing a house such as closing costs or property taxes.

Based on these calculations it can be seen that purchasing a home in Clinton may not be financially feasible for everyone depending on their individual circumstances and budget constraints. It is also important to keep in mind that there can be significant changes over time both within and outside of the Clinton area which could affect both home equity and home prices – so always consult with an experienced real estate agent before making any decisions about purchasing a house!