The typical owner-occupied home in Salisbury Mills is worth about $471,400, 11% above the New York median of $423,800 and 42% above the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 2.12% of their home's value, higher than the New York rate of 1.55%. The median household earns $142,426 a year, so the median home costs 3.3 times the median income (4.9 times for New York). 81% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Salisbury Mills at a glance
| Salisbury Mills | New York | U.S. | |
|---|---|---|---|
| Median home value | $471,400 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 2.12% | 1.55% | 0.94% |
| Median household income | $142,426 | $85,974 | $80,734 |
| Homes lived in by their owners | 81% | 54% | 65% |
| Owner homes with a mortgage | 60% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 18.4% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1955 | 1959 | 1980 |
| Vacant homes | 30.8% | 10.0% | 10.1% |
| Population | 293 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Salisbury Mills
At this week's average 30-year rate of 7.11%, buying the median Salisbury Mills home of $471,400 with 20% down costs about $3,566 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,351, 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 $152,834 for the 20%-down payment. That payment is 30% of the median Salisbury Mills household income of $142,426; at that income and 20% down, the 28% guideline points to a home of about $439,000.
| Down payment | $94,280 |
|---|---|
| Loan amount | $377,120 |
| Principal and interest | $2,537 |
| Property taxes (2.12% a year) | $833 |
| Homeowners insurance (our estimate, 0.5% a year) | $196 |
| PMI | $0 |
| Total per month | $3,566 |
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| Down payment | $16,499 |
|---|---|
| Loan amount | $462,862 |
| Principal and interest | $3,114 |
| Property taxes (2.12% a year) | $833 |
| Homeowners insurance (our estimate, 0.5% a year) | $196 |
| FHA mortgage insurance | $208 |
| Total per month | $4,351 |
Change the numbers in the calculator
Questions about home buying in Salisbury Mills
What is the median home value in Salisbury Mills?
About $471,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Salisbury Mills?
Homeowners pay a median $10,001 a year, which is about 2.12% 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 Salisbury Mills?
For the median home with 20% down at 7.11%, the payment is about $3,566 a month. Keeping that under 28% of gross income takes about $152,834 a year.
More about Salisbury Mills
- Mortgage Refinance in Salisbury Mills
- Debt Relief in Salisbury Mills
- Home Equity Loans in Salisbury Mills
- 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