The typical owner-occupied home in Lyons is worth about $1,037,400, 2.3 times the New Jersey median of $454,400 and 3.1 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.96% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $250,001 a year, so the median home costs 4.1 times the median income (4.4 times for New Jersey). 98% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Lyons at a glance
| Lyons | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $1,037,400 | $454,400 | $332,700 |
| Median property tax paid per year | $10,001 | $9,590 | $3,119 |
| Property tax as a share of value | 0.96% | 2.11% | 0.94% |
| Median household income | $250,001 | $103,556 | $80,734 |
| Homes lived in by their owners | 98% | 64% | 65% |
| Owner homes with a mortgage | 59% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 22.9% | 21.0% |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 1984 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 5,187 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Lyons
At this week's average 30-year rate of 7.11%, buying the median Lyons home of $1,037,400 with 20% down costs about $6,845 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,740, 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 $293,361 for the 20%-down payment. That payment is 33% of the median Lyons household income of $250,001; at that income and 20% down, the 28% guideline points to a home of about $884,000.
| Down payment | $207,480 |
|---|---|
| Loan amount | $829,920 |
| Principal and interest | $5,583 |
| Property taxes (0.96% a year) | $830 |
| Homeowners insurance (our estimate, 0.5% a year) | $432 |
| PMI | $0 |
| Total per month | $6,845 |
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| Down payment | $36,309 |
|---|---|
| Loan amount | $1,018,610 |
| Principal and interest | $6,852 |
| Property taxes (0.96% a year) | $830 |
| Homeowners insurance (our estimate, 0.5% a year) | $432 |
| FHA mortgage insurance | $626 |
| Total per month | $8,740 |
Change the numbers in the calculator
Questions about home buying in Lyons
What is the median home value in Lyons?
About $1,037,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lyons?
Homeowners pay a median $10,001 a year, which is about 0.96% 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 Lyons?
For the median home with 20% down at 7.11%, the payment is about $6,845 a month. Keeping that under 28% of gross income takes about $293,361 a year.
More about Lyons
- Mortgage Refinance in Lyons
- Debt Relief in Lyons
- Home Equity Loans in Lyons
- 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