The typical owner-occupied home in Scio is worth about $127,400, 70% below the New York median of $423,800 and 62% below the national median of $332,700. Owners pay a median $3,990 a year in property taxes, about 3.13% of their home's value, higher than the New York rate of 1.55%. The median household earns $57,143 a year, so the median home costs 2.2 times the median income (4.9 times for New York). 96% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Scio at a glance
| Scio | New York | U.S. | |
|---|---|---|---|
| Median home value | $127,400 | $423,800 | $332,700 |
| Median property tax paid per year | $3,990 | $6,582 | $3,119 |
| Property tax as a share of value | 3.13% | 1.55% | 0.94% |
| Median household income | $57,143 | $85,974 | $80,734 |
| Homes lived in by their owners | 96% | 54% | 65% |
| Owner homes with a mortgage | 35% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,172 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 14.3% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1955 | 1959 | 1980 |
| Vacant homes | 8.6% | 10.0% | 10.1% |
| Population | 727 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Scio
At this week's average 30-year rate of 7.11%, buying the median Scio home of $127,400 with 20% down costs about $1,071 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,283, 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 $45,900 for the 20%-down payment. That payment is 22% of the median Scio household income of $57,143; at that income and 20% down, the 28% guideline points to a home of about $159,000.
| Down payment | $25,480 |
|---|---|
| Loan amount | $101,920 |
| Principal and interest | $686 |
| Property taxes (3.13% a year) | $332 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| PMI | $0 |
| Total per month | $1,071 |
Change the numbers in the calculator
| Down payment | $4,459 |
|---|---|
| Loan amount | $125,092 |
| Principal and interest | $842 |
| Property taxes (3.13% a year) | $332 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| FHA mortgage insurance | $56 |
| Total per month | $1,283 |
Change the numbers in the calculator
Questions about home buying in Scio
What is the median home value in Scio?
About $127,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Scio?
Homeowners pay a median $3,990 a year, which is about 3.13% 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 Scio?
For the median home with 20% down at 7.11%, the payment is about $1,071 a month. Keeping that under 28% of gross income takes about $45,900 a year.
More about Scio
- Mortgage Refinance in Scio
- Debt Relief in Scio
- Home Equity Loans in Scio
- 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