The typical owner-occupied home in Old Bethpage is worth about $913,000, 2.2 times the New York median of $423,800 and 2.7 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.10% of their home's value, lower than the New York rate of 1.55%. The median household earns $195,202 a year, so the median home costs 4.7 times the median income (4.9 times for New York). 93% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Old Bethpage at a glance
| Old Bethpage | New York | U.S. | |
|---|---|---|---|
| Median home value | $913,000 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 1.10% | 1.55% | 0.94% |
| Median household income | $195,202 | $85,974 | $80,734 |
| Homes lived in by their owners | 93% | 54% | 65% |
| Owner homes with a mortgage | 48% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 27.2% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Rent as a share of renters' income | 40.3% | 31.2% | 30.6% |
| Median year homes were built | 1965 | 1959 | 1980 |
| Vacant homes | 6.1% | 10.0% | 10.1% |
| Population | 6,546 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Old Bethpage
At this week's average 30-year rate of 7.11%, buying the median Old Bethpage home of $913,000 with 20% down costs about $6,131 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,799, 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 $262,748 for the 20%-down payment. That payment is 38% of the median Old Bethpage household income of $195,202; at that income and 20% down, the 28% guideline points to a home of about $678,000.
| Down payment | $182,600 |
|---|---|
| Loan amount | $730,400 |
| Principal and interest | $4,913 |
| Property taxes (1.10% a year) | $837 |
| Homeowners insurance (our estimate, 0.5% a year) | $380 |
| PMI | $0 |
| Total per month | $6,131 |
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| Down payment | $31,955 |
|---|---|
| Loan amount | $896,463 |
| Principal and interest | $6,031 |
| Property taxes (1.10% a year) | $837 |
| Homeowners insurance (our estimate, 0.5% a year) | $380 |
| FHA mortgage insurance | $551 |
| Total per month | $7,799 |
Change the numbers in the calculator
Questions about home buying in Old Bethpage
What is the median home value in Old Bethpage?
About $913,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Old Bethpage?
Homeowners pay a median $10,001 a year, which is about 1.10% 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 Old Bethpage?
For the median home with 20% down at 7.11%, the payment is about $6,131 a month. Keeping that under 28% of gross income takes about $262,748 a year.
More about Old Bethpage
- Mortgage Refinance in Old Bethpage
- Debt Relief in Old Bethpage
- Home Equity Loans in Old Bethpage
- 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