The typical owner-occupied home in Marcy is worth about $222,200, 48% below the New York median of $423,800 and 33% below the national median of $332,700. Owners pay a median $4,278 a year in property taxes, about 1.93% of their home's value, higher than the New York rate of 1.55%. The median household earns $44,648 a year, so the median home costs 5.0 times the median income (4.9 times for New York). 26% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Marcy at a glance
| Marcy | New York | U.S. | |
|---|---|---|---|
| Median home value | $222,200 | $423,800 | $332,700 |
| Median property tax paid per year | $4,278 | $6,582 | $3,119 |
| Property tax as a share of value | 1.93% | 1.55% | 0.94% |
| Median household income | $44,648 | $85,974 | $80,734 |
| Homes lived in by their owners | 26% | 54% | 65% |
| Owner homes with a mortgage | 33% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,555 | $1,963 |
| Median rent | $1,205 | $1,621 | $1,413 |
| Rent as a share of renters' income | 25.8% | 31.2% | 30.6% |
| Median year homes were built | 1959 | 1959 | 1980 |
| Vacant homes | 0.0% | 10.0% | 10.1% |
| Population | 697 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Marcy
At this week's average 30-year rate of 7.11%, buying the median Marcy home of $222,200 with 20% down costs about $1,646 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,016, 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 $70,533 for the 20%-down payment. That payment is 44% of the median Marcy household income of $44,648; at that income and 20% down, the 28% guideline points to a home of about $141,000.
The median rent here is $1,205 a month, so owning the median home costs about $441 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,440 |
|---|---|
| Loan amount | $177,760 |
| Principal and interest | $1,196 |
| Property taxes (1.93% a year) | $357 |
| Homeowners insurance (our estimate, 0.5% a year) | $93 |
| PMI | $0 |
| Total per month | $1,646 |
Change the numbers in the calculator
| Down payment | $7,777 |
|---|---|
| Loan amount | $218,175 |
| Principal and interest | $1,468 |
| Property taxes (1.93% a year) | $357 |
| Homeowners insurance (our estimate, 0.5% a year) | $93 |
| FHA mortgage insurance | $98 |
| Total per month | $2,016 |
Change the numbers in the calculator
Questions about home buying in Marcy
What is the median home value in Marcy?
About $222,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Marcy?
Homeowners pay a median $4,278 a year, which is about 1.93% 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 Marcy?
For the median home with 20% down at 7.11%, the payment is about $1,646 a month. Keeping that under 28% of gross income takes about $70,533 a year.
More about Marcy
- Mortgage Refinance in Marcy
- Debt Relief in Marcy
- Home Equity Loans in Marcy
- 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