The typical owner-occupied home in Manlius is worth about $263,300, 38% below the New York median of $423,800 and 21% below the national median of $332,700. Owners pay a median $8,035 a year in property taxes, about 3.05% of their home's value, higher than the New York rate of 1.55%. The median household earns $69,942 a year, so the median home costs 3.8 times the median income (4.9 times for New York). 59% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Manlius at a glance
| Manlius | New York | U.S. | |
|---|---|---|---|
| Median home value | $263,300 | $423,800 | $332,700 |
| Median property tax paid per year | $8,035 | $6,582 | $3,119 |
| Property tax as a share of value | 3.05% | 1.55% | 0.94% |
| Median household income | $69,942 | $85,974 | $80,734 |
| Homes lived in by their owners | 59% | 54% | 65% |
| Owner homes with a mortgage | 58% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,126 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 16.5% | 22.5% | 21.0% |
| Median rent | $1,072 | $1,621 | $1,413 |
| Rent as a share of renters' income | 32.2% | 31.2% | 30.6% |
| Median year homes were built | 1968 | 1959 | 1980 |
| Vacant homes | 0.0% | 10.0% | 10.1% |
| Population | 4,644 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Manlius
At this week's average 30-year rate of 7.11%, buying the median Manlius home of $263,300 with 20% down costs about $2,196 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,635, 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 $94,111 for the 20%-down payment. That payment is 38% of the median Manlius household income of $69,942; at that income and 20% down, the 28% guideline points to a home of about $196,000.
The median rent here is $1,072 a month, so owning the median home costs about $1,124 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $52,660 |
|---|---|
| Loan amount | $210,640 |
| Principal and interest | $1,417 |
| Property taxes (3.05% a year) | $669 |
| Homeowners insurance (our estimate, 0.5% a year) | $110 |
| PMI | $0 |
| Total per month | $2,196 |
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| Down payment | $9,216 |
|---|---|
| Loan amount | $258,531 |
| Principal and interest | $1,739 |
| Property taxes (3.05% a year) | $669 |
| Homeowners insurance (our estimate, 0.5% a year) | $110 |
| FHA mortgage insurance | $116 |
| Total per month | $2,635 |
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Questions about home buying in Manlius
What is the median home value in Manlius?
About $263,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Manlius?
Homeowners pay a median $8,035 a year, which is about 3.05% 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 Manlius?
For the median home with 20% down at 7.11%, the payment is about $2,196 a month. Keeping that under 28% of gross income takes about $94,111 a year.
More about Manlius
- Mortgage Refinance in Manlius
- Debt Relief in Manlius
- Home Equity Loans in Manlius
- 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