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Buying a home in East Aurora, New York

The typical owner-occupied home in East Aurora is worth about $364,100, 14% below the New York median of $423,800 and 9% above the national median of $332,700. Owners pay a median $6,760 a year in property taxes, about 1.86% of their home's value, higher than the New York rate of 1.55%. The median household earns $103,949 a year, so the median home costs 3.5 times the median income (4.9 times for New York). 71% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.

East Aurora at a glance

East Aurora New York U.S.
Median home value $364,100 $423,800 $332,700
Median property tax paid per year $6,760 $6,582 $3,119
Property tax as a share of value 1.86% 1.55% 0.94%
Median household income $103,949 $85,974 $80,734
Homes lived in by their owners 71% 54% 65%
Owner homes with a mortgage 58% 58% 61%
Median monthly costs, owners with a mortgage $2,263 $2,555 $1,963
Those costs as a share of the owners' income 19.3% 22.5% 21.0%
Median rent $1,196 $1,621 $1,413
Rent as a share of renters' income 24.6% 31.2% 30.6%
Median year homes were built 1942 1959 1980
Vacant homes 7.4% 10.0% 10.1%
Population 5,993 19,852,366 334,922,499

What a typical home costs per month in East Aurora

At this week's average 30-year rate of 7.11%, buying the median East Aurora home of $364,100 with 20% down costs about $2,676 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,282, 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 $114,665 for the 20%-down payment. That payment is 31% of the median East Aurora household income of $103,949; at that income and 20% down, the 28% guideline points to a home of about $330,000.

The median rent here is $1,196 a month, so owning the median home costs about $1,480 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$72,820
Loan amount$291,280
Principal and interest$1,959
Property taxes (1.86% a year)$564
Homeowners insurance (our estimate, 0.5% a year)$152
PMI$0
Total per month$2,676

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3.5% down, 30-year FHA loan
Down payment$12,744
Loan amount$357,505
Principal and interest$2,405
Property taxes (1.86% a year)$564
Homeowners insurance (our estimate, 0.5% a year)$152
FHA mortgage insurance$161
Total per month$3,282

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Questions about home buying in East Aurora

What is the median home value in East Aurora?

About $364,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in East Aurora?

Homeowners pay a median $6,760 a year, which is about 1.86% 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 East Aurora?

For the median home with 20% down at 7.11%, the payment is about $2,676 a month. Keeping that under 28% of gross income takes about $114,665 a year.

More about East Aurora

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