The typical owner-occupied home in Syosset is worth about $874,300, 2.1 times the New York median of $423,800 and 2.6 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.14% of their home's value, lower than the New York rate of 1.55%. The median household earns $187,273 a year, so the median home costs 4.7 times the median income (4.9 times for New York). 92% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Syosset at a glance
| Syosset | New York | U.S. | |
|---|---|---|---|
| Median home value | $874,300 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 1.14% | 1.55% | 0.94% |
| Median household income | $187,273 | $85,974 | $80,734 |
| Homes lived in by their owners | 92% | 54% | 65% |
| Owner homes with a mortgage | 60% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 22.5% | 21.0% |
| Median rent | $3,036 | $1,621 | $1,413 |
| Rent as a share of renters' income | 29.9% | 31.2% | 30.6% |
| Median year homes were built | 1958 | 1959 | 1980 |
| Vacant homes | 2.7% | 10.0% | 10.1% |
| Population | 18,433 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Syosset
At this week's average 30-year rate of 7.11%, buying the median Syosset home of $874,300 with 20% down costs about $5,900 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,497, 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 $252,860 for the 20%-down payment. That payment is 38% of the median Syosset household income of $187,273; at that income and 20% down, the 28% guideline points to a home of about $648,000.
The median rent here is $3,036 a month, so owning the median home costs about $2,864 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $174,860 |
|---|---|
| Loan amount | $699,440 |
| Principal and interest | $4,705 |
| Property taxes (1.14% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $364 |
| PMI | $0 |
| Total per month | $5,900 |
Change the numbers in the calculator
| Down payment | $30,600 |
|---|---|
| Loan amount | $858,464 |
| Principal and interest | $5,775 |
| Property taxes (1.14% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $364 |
| FHA mortgage insurance | $527 |
| Total per month | $7,497 |
Change the numbers in the calculator
Questions about home buying in Syosset
What is the median home value in Syosset?
About $874,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Syosset?
Homeowners pay a median $10,001 a year, which is about 1.14% 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 Syosset?
For the median home with 20% down at 7.11%, the payment is about $5,900 a month. Keeping that under 28% of gross income takes about $252,860 a year.
More about Syosset
- Mortgage Refinance in Syosset
- Debt Relief in Syosset
- Home Equity Loans in Syosset
- 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