The typical owner-occupied home in Gasport is worth about $166,600, 61% below the New York median of $423,800 and 50% below the national median of $332,700. Owners pay a median $4,352 a year in property taxes, about 2.61% of their home's value, higher than the New York rate of 1.55%. The median household earns $74,816 a year, so the median home costs 2.2 times the median income (4.9 times for New York). 93% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Gasport at a glance
| Gasport | New York | U.S. | |
|---|---|---|---|
| Median home value | $166,600 | $423,800 | $332,700 |
| Median property tax paid per year | $4,352 | $6,582 | $3,119 |
| Property tax as a share of value | 2.61% | 1.55% | 0.94% |
| Median household income | $74,816 | $85,974 | $80,734 |
| Homes lived in by their owners | 93% | 54% | 65% |
| Owner homes with a mortgage | 59% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,474 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 25.8% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1946 | 1959 | 1980 |
| Vacant homes | 23.0% | 10.0% | 10.1% |
| Population | 1,212 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Gasport
At this week's average 30-year rate of 7.11%, buying the median Gasport home of $166,600 with 20% down costs about $1,328 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,606, 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 $56,929 for the 20%-down payment. That payment is 21% of the median Gasport household income of $74,816; at that income and 20% down, the 28% guideline points to a home of about $219,000.
| Down payment | $33,320 |
|---|---|
| Loan amount | $133,280 |
| Principal and interest | $897 |
| Property taxes (2.61% a year) | $362 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| PMI | $0 |
| Total per month | $1,328 |
Change the numbers in the calculator
| Down payment | $5,831 |
|---|---|
| Loan amount | $163,582 |
| Principal and interest | $1,100 |
| Property taxes (2.61% a year) | $362 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| FHA mortgage insurance | $74 |
| Total per month | $1,606 |
Change the numbers in the calculator
Questions about home buying in Gasport
What is the median home value in Gasport?
About $166,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gasport?
Homeowners pay a median $4,352 a year, which is about 2.61% 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 Gasport?
For the median home with 20% down at 7.11%, the payment is about $1,328 a month. Keeping that under 28% of gross income takes about $56,929 a year.
More about Gasport
- Mortgage Refinance in Gasport
- Debt Relief in Gasport
- Home Equity Loans in Gasport
- 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