The typical owner-occupied home in Clarence Center is worth about $460,000, 9% above the New York median of $423,800 and 38% above the national median of $332,700. Owners pay a median $7,129 a year in property taxes, about 1.55% of their home's value, close to the New York rate of 1.55%. The median household earns $143,344 a year, so the median home costs 3.2 times the median income (4.9 times for New York). 91% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Clarence Center at a glance
| Clarence Center | New York | U.S. | |
|---|---|---|---|
| Median home value | $460,000 | $423,800 | $332,700 |
| Median property tax paid per year | $7,129 | $6,582 | $3,119 |
| Property tax as a share of value | 1.55% | 1.55% | 0.94% |
| Median household income | $143,344 | $85,974 | $80,734 |
| Homes lived in by their owners | 91% | 54% | 65% |
| Owner homes with a mortgage | 55% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,070 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 28.0% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Rent as a share of renters' income | 18.3% | 31.2% | 30.6% |
| Median year homes were built | 1994 | 1959 | 1980 |
| Vacant homes | 9.5% | 10.0% | 10.1% |
| Population | 2,432 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Clarence Center
At this week's average 30-year rate of 7.11%, buying the median Clarence Center home of $460,000 with 20% down costs about $3,261 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,028, 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 $139,774 for the 20%-down payment. That payment is 27% of the median Clarence Center household income of $143,344; at that income and 20% down, the 28% guideline points to a home of about $472,000.
| Down payment | $92,000 |
|---|---|
| Loan amount | $368,000 |
| Principal and interest | $2,476 |
| Property taxes (1.55% a year) | $594 |
| Homeowners insurance (our estimate, 0.5% a year) | $192 |
| PMI | $0 |
| Total per month | $3,261 |
Change the numbers in the calculator
| Down payment | $16,100 |
|---|---|
| Loan amount | $451,668 |
| Principal and interest | $3,038 |
| Property taxes (1.55% a year) | $594 |
| Homeowners insurance (our estimate, 0.5% a year) | $192 |
| FHA mortgage insurance | $203 |
| Total per month | $4,028 |
Change the numbers in the calculator
Questions about home buying in Clarence Center
What is the median home value in Clarence Center?
About $460,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clarence Center?
Homeowners pay a median $7,129 a year, which is about 1.55% 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 Clarence Center?
For the median home with 20% down at 7.11%, the payment is about $3,261 a month. Keeping that under 28% of gross income takes about $139,774 a year.
More about Clarence Center
- Mortgage Refinance in Clarence Center
- Debt Relief in Clarence Center
- Home Equity Loans in Clarence Center
- 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