The typical owner-occupied home in Guilford is worth about $93,900, 78% below the New York median of $423,800 and 72% below the national median of $332,700. The median household earns $71,354 a year, so the median home costs 1.3 times the median income (4.9 times for New York). 89% of occupied homes here are lived in by their owners, and 10% of those owners still have a mortgage.
Guilford at a glance
| Guilford | New York | U.S. | |
|---|---|---|---|
| Median home value | $93,900 | $423,800 | $332,700 |
| Median property tax paid per year | – | $6,582 | $3,119 |
| Median household income | $71,354 | $85,974 | $80,734 |
| Homes lived in by their owners | 89% | 54% | 65% |
| Owner homes with a mortgage | 10% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,555 | $1,963 |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1945 | 1959 | 1980 |
| Vacant homes | 41.2% | 10.0% | 10.1% |
| Population | 385 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Guilford
At this week's average 30-year rate of 7.11%, buying the median Guilford home of $93,900 with 20% down costs about $631 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $787, 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 $27,023 for the 20%-down payment. That payment is 11% of the median Guilford household income of $71,354; at that income and 20% down, the 28% guideline points to a home of about $248,000.
| Down payment | $18,780 |
|---|---|
| Loan amount | $75,120 |
| Principal and interest | $505 |
| Property taxes (1.10% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| PMI | $0 |
| Total per month | $631 |
Change the numbers in the calculator
| Down payment | $3,286 |
|---|---|
| Loan amount | $92,199 |
| Principal and interest | $620 |
| Property taxes (1.10% a year) | $86 |
| Homeowners insurance (our estimate, 0.5% a year) | $39 |
| FHA mortgage insurance | $42 |
| Total per month | $787 |
Change the numbers in the calculator
Questions about home buying in Guilford
What is the median home value in Guilford?
About $93,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Guilford?
For the median home with 20% down at 7.11%, the payment is about $631 a month. Keeping that under 28% of gross income takes about $27,023 a year.
More about Guilford
- Mortgage Refinance in Guilford
- Debt Relief in Guilford
- Home Equity Loans in Guilford
- 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