The typical owner-occupied home in West Valley is worth about $126,700, 70% below the New York median of $423,800 and 62% below the national median of $332,700. Owners pay a median $4,302 a year in property taxes, about 3.40% of their home's value, higher than the New York rate of 1.55%. The median household earns $70,357 a year, so the median home costs 1.8 times the median income (4.9 times for New York). 89% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
West Valley at a glance
| West Valley | New York | U.S. | |
|---|---|---|---|
| Median home value | $126,700 | $423,800 | $332,700 |
| Median property tax paid per year | $4,302 | $6,582 | $3,119 |
| Property tax as a share of value | 3.40% | 1.55% | 0.94% |
| Median household income | $70,357 | $85,974 | $80,734 |
| Homes lived in by their owners | 89% | 54% | 65% |
| Owner homes with a mortgage | 49% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,283 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1941 | 1959 | 1980 |
| Vacant homes | 0.0% | 10.0% | 10.1% |
| Population | 489 | 19,852,366 | 334,922,499 |
What a typical home costs per month in West Valley
At this week's average 30-year rate of 7.11%, buying the median West Valley home of $126,700 with 20% down costs about $1,094 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,305, 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 $46,870 for the 20%-down payment. That payment is 19% of the median West Valley household income of $70,357; at that income and 20% down, the 28% guideline points to a home of about $190,000.
| Down payment | $25,340 |
|---|---|
| Loan amount | $101,360 |
| Principal and interest | $682 |
| Property taxes (3.40% a year) | $359 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| PMI | $0 |
| Total per month | $1,094 |
Change the numbers in the calculator
| Down payment | $4,434 |
|---|---|
| Loan amount | $124,405 |
| Principal and interest | $837 |
| Property taxes (3.40% a year) | $359 |
| Homeowners insurance (our estimate, 0.5% a year) | $53 |
| FHA mortgage insurance | $56 |
| Total per month | $1,305 |
Change the numbers in the calculator
Questions about home buying in West Valley
What is the median home value in West Valley?
About $126,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in West Valley?
Homeowners pay a median $4,302 a year, which is about 3.40% 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 West Valley?
For the median home with 20% down at 7.11%, the payment is about $1,094 a month. Keeping that under 28% of gross income takes about $46,870 a year.
More about West Valley
- Mortgage Refinance in West Valley
- Debt Relief in West Valley
- Home Equity Loans in West Valley
- 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