The typical owner-occupied home in Pittsford is worth about $105,700, 54% below the Michigan median of $231,600 and 68% below the national median of $332,700. Owners pay a median $951 a year in property taxes, about 0.90% of their home's value, lower than the Michigan rate of 1.25%. The median household earns $45,833 a year, so the median home costs 2.3 times the median income (3.2 times for Michigan). 75% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Pittsford at a glance
| Pittsford | Michigan | U.S. | |
|---|---|---|---|
| Median home value | $105,700 | $231,600 | $332,700 |
| Median property tax paid per year | $951 | $2,904 | $3,119 |
| Property tax as a share of value | 0.90% | 1.25% | 0.94% |
| Median household income | $45,833 | $72,875 | $80,734 |
| Homes lived in by their owners | 75% | 73% | 65% |
| Owner homes with a mortgage | 70% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $950 | $1,569 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 19.3% | 21.0% |
| Median rent | $940 | $1,129 | $1,413 |
| Rent as a share of renters' income | 32.0% | 30.2% | 30.6% |
| Median year homes were built | 1960 | 1972 | 1980 |
| Vacant homes | 5.8% | 11.8% | 10.1% |
| Population | 707 | 10,077,761 | 334,922,499 |
What a typical home costs per month in Pittsford
At this week's average 30-year rate of 7.11%, buying the median Pittsford home of $105,700 with 20% down costs about $692 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $868, 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 $29,664 for the 20%-down payment. That payment is 18% of the median Pittsford household income of $45,833; at that income and 20% down, the 28% guideline points to a home of about $163,000.
The median rent here is $940 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,140 |
|---|---|
| Loan amount | $84,560 |
| Principal and interest | $569 |
| Property taxes (0.90% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $692 |
Change the numbers in the calculator
| Down payment | $3,700 |
|---|---|
| Loan amount | $103,786 |
| Principal and interest | $698 |
| Property taxes (0.90% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $47 |
| Total per month | $868 |
Change the numbers in the calculator
Questions about home buying in Pittsford
What is the median home value in Pittsford?
About $105,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pittsford?
Homeowners pay a median $951 a year, which is about 0.90% 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 Pittsford?
For the median home with 20% down at 7.11%, the payment is about $692 a month. Keeping that under 28% of gross income takes about $29,664 a year.
More about Pittsford
- Mortgage Refinance in Pittsford
- Debt Relief in Pittsford
- Home Equity Loans in Pittsford
- 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