The typical owner-occupied home in Westbury is worth about $626,500, 48% above the New York median of $423,800 and 88% above the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.60% of their home's value, close to the New York rate of 1.55%. The median household earns $145,185 a year, so the median home costs 4.3 times the median income (4.9 times for New York). 79% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Westbury at a glance
| Westbury | New York | U.S. | |
|---|---|---|---|
| Median home value | $626,500 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 1.60% | 1.55% | 0.94% |
| Median household income | $145,185 | $85,974 | $80,734 |
| Homes lived in by their owners | 79% | 54% | 65% |
| Owner homes with a mortgage | 60% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,471 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 22.5% | 21.0% |
| Median rent | $1,779 | $1,621 | $1,413 |
| Rent as a share of renters' income | 19.5% | 31.2% | 30.6% |
| Median year homes were built | 1955 | 1959 | 1980 |
| Vacant homes | 1.3% | 10.0% | 10.1% |
| Population | 15,808 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Westbury
At this week's average 30-year rate of 7.11%, buying the median Westbury home of $626,500 with 20% down costs about $4,468 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,512, 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 $191,485 for the 20%-down payment. That payment is 37% of the median Westbury household income of $145,185; at that income and 20% down, the 28% guideline points to a home of about $475,000.
The median rent here is $1,779 a month, so owning the median home costs about $2,689 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $125,300 |
|---|---|
| Loan amount | $501,200 |
| Principal and interest | $3,372 |
| Property taxes (1.60% a year) | $835 |
| Homeowners insurance (our estimate, 0.5% a year) | $261 |
| PMI | $0 |
| Total per month | $4,468 |
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| Down payment | $21,928 |
|---|---|
| Loan amount | $615,153 |
| Principal and interest | $4,138 |
| Property taxes (1.60% a year) | $835 |
| Homeowners insurance (our estimate, 0.5% a year) | $261 |
| FHA mortgage insurance | $277 |
| Total per month | $5,512 |
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Questions about home buying in Westbury
What is the median home value in Westbury?
About $626,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Westbury?
Homeowners pay a median $10,001 a year, which is about 1.60% 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 Westbury?
For the median home with 20% down at 7.11%, the payment is about $4,468 a month. Keeping that under 28% of gross income takes about $191,485 a year.
More about Westbury
- Mortgage Refinance in Westbury
- Debt Relief in Westbury
- Home Equity Loans in Westbury
- 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