The typical owner-occupied home in Sparrow Bush is worth about $240,000, 43% below the New York median of $423,800 and 28% below the national median of $332,700. Owners pay a median $3,770 a year in property taxes, about 1.57% of their home's value, close to the New York rate of 1.55%. The median household earns $56,349 a year, so the median home costs 4.3 times the median income (4.9 times for New York). 63% of occupied homes here are lived in by their owners, and 50% of those owners still have a mortgage.
Sparrow Bush at a glance
| Sparrow Bush | New York | U.S. | |
|---|---|---|---|
| Median home value | $240,000 | $423,800 | $332,700 |
| Median property tax paid per year | $3,770 | $6,582 | $3,119 |
| Property tax as a share of value | 1.57% | 1.55% | 0.94% |
| Median household income | $56,349 | $85,974 | $80,734 |
| Homes lived in by their owners | 63% | 54% | 65% |
| Owner homes with a mortgage | 50% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,858 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 28.0% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Rent as a share of renters' income | 28.3% | 31.2% | 30.6% |
| Median year homes were built | 1956 | 1959 | 1980 |
| Vacant homes | 14.9% | 10.0% | 10.1% |
| Population | 1,119 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Sparrow Bush
At this week's average 30-year rate of 7.11%, buying the median Sparrow Bush home of $240,000 with 20% down costs about $1,706 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,105, 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 $73,097 for the 20%-down payment. That payment is 36% of the median Sparrow Bush household income of $56,349; at that income and 20% down, the 28% guideline points to a home of about $185,000.
| Down payment | $48,000 |
|---|---|
| Loan amount | $192,000 |
| Principal and interest | $1,292 |
| Property taxes (1.57% a year) | $314 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| PMI | $0 |
| Total per month | $1,706 |
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| Down payment | $8,400 |
|---|---|
| Loan amount | $235,653 |
| Principal and interest | $1,585 |
| Property taxes (1.57% a year) | $314 |
| Homeowners insurance (our estimate, 0.5% a year) | $100 |
| FHA mortgage insurance | $106 |
| Total per month | $2,105 |
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Questions about home buying in Sparrow Bush
What is the median home value in Sparrow Bush?
About $240,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sparrow Bush?
Homeowners pay a median $3,770 a year, which is about 1.57% 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 Sparrow Bush?
For the median home with 20% down at 7.11%, the payment is about $1,706 a month. Keeping that under 28% of gross income takes about $73,097 a year.
More about Sparrow Bush
- Mortgage Refinance in Sparrow Bush
- Debt Relief in Sparrow Bush
- Home Equity Loans in Sparrow Bush
- 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