The typical owner-occupied home in Calverton is worth about $229,200, 46% below the New York median of $423,800 and 31% below the national median of $332,700. Owners pay a median $3,701 a year in property taxes, about 1.61% of their home's value, close to the New York rate of 1.55%. The median household earns $60,442 a year, so the median home costs 3.8 times the median income (4.9 times for New York). 84% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.
Calverton at a glance
| Calverton | New York | U.S. | |
|---|---|---|---|
| Median home value | $229,200 | $423,800 | $332,700 |
| Median property tax paid per year | $3,701 | $6,582 | $3,119 |
| Property tax as a share of value | 1.61% | 1.55% | 0.94% |
| Median household income | $60,442 | $85,974 | $80,734 |
| Homes lived in by their owners | 84% | 54% | 65% |
| Owner homes with a mortgage | 36% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,693 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 31.0% | 22.5% | 21.0% |
| Median rent | $1,828 | $1,621 | $1,413 |
| Rent as a share of renters' income | 36.9% | 31.2% | 30.6% |
| Median year homes were built | 1988 | 1959 | 1980 |
| Vacant homes | 12.8% | 10.0% | 10.1% |
| Population | 5,618 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Calverton
At this week's average 30-year rate of 7.11%, buying the median Calverton home of $229,200 with 20% down costs about $1,636 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,018, 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 $70,135 for the 20%-down payment. That payment is 32% of the median Calverton household income of $60,442; at that income and 20% down, the 28% guideline points to a home of about $198,000.
The median rent here is $1,828 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $45,840 |
|---|---|
| Loan amount | $183,360 |
| Principal and interest | $1,233 |
| Property taxes (1.61% a year) | $308 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| PMI | $0 |
| Total per month | $1,636 |
Change the numbers in the calculator
| Down payment | $8,022 |
|---|---|
| Loan amount | $225,049 |
| Principal and interest | $1,514 |
| Property taxes (1.61% a year) | $308 |
| Homeowners insurance (our estimate, 0.5% a year) | $96 |
| FHA mortgage insurance | $101 |
| Total per month | $2,018 |
Change the numbers in the calculator
Questions about home buying in Calverton
What is the median home value in Calverton?
About $229,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Calverton?
Homeowners pay a median $3,701 a year, which is about 1.61% 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 Calverton?
For the median home with 20% down at 7.11%, the payment is about $1,636 a month. Keeping that under 28% of gross income takes about $70,135 a year.
More about Calverton
- Mortgage Refinance in Calverton
- Debt Relief in Calverton
- Home Equity Loans in Calverton
- 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