The typical owner-occupied home in Jamestown is worth about $87,700, 79% below the New York median of $423,800 and 74% below the national median of $332,700. Owners pay a median $2,453 a year in property taxes, about 2.80% of their home's value, higher than the New York rate of 1.55%. The median household earns $43,523 a year, so the median home costs 2.0 times the median income (4.9 times for New York). 49% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Jamestown at a glance
| Jamestown | New York | U.S. | |
|---|---|---|---|
| Median home value | $87,700 | $423,800 | $332,700 |
| Median property tax paid per year | $2,453 | $6,582 | $3,119 |
| Property tax as a share of value | 2.80% | 1.55% | 0.94% |
| Median household income | $43,523 | $85,974 | $80,734 |
| Homes lived in by their owners | 49% | 54% | 65% |
| Owner homes with a mortgage | 49% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $974 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 17.6% | 22.5% | 21.0% |
| Median rent | $759 | $1,621 | $1,413 |
| Rent as a share of renters' income | 30.7% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 14.9% | 10.0% | 10.1% |
| Population | 28,188 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Jamestown
At this week's average 30-year rate of 7.11%, buying the median Jamestown home of $87,700 with 20% down costs about $713 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $859, 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 $30,564 for the 20%-down payment. That payment is 20% of the median Jamestown household income of $43,523; at that income and 20% down, the 28% guideline points to a home of about $125,000.
The median rent here is $759 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $17,540 |
|---|---|
| Loan amount | $70,160 |
| Principal and interest | $472 |
| Property taxes (2.80% a year) | $205 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| PMI | $0 |
| Total per month | $713 |
Change the numbers in the calculator
| Down payment | $3,070 |
|---|---|
| Loan amount | $86,112 |
| Principal and interest | $579 |
| Property taxes (2.80% a year) | $205 |
| Homeowners insurance (our estimate, 0.5% a year) | $37 |
| FHA mortgage insurance | $39 |
| Total per month | $859 |
Change the numbers in the calculator
Questions about home buying in Jamestown
What is the median home value in Jamestown?
About $87,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Jamestown?
Homeowners pay a median $2,453 a year, which is about 2.80% 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 Jamestown?
For the median home with 20% down at 7.11%, the payment is about $713 a month. Keeping that under 28% of gross income takes about $30,564 a year.
More about Jamestown
- Mortgage Refinance in Jamestown
- Debt Relief in Jamestown
- Home Equity Loans in Jamestown
- 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