The typical owner-occupied home in Cold Spring Harbor is worth about $1,587,900, 3.7 times the New York median of $423,800 and 4.8 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.63% of their home's value, lower than the New York rate of 1.55%. The median household earns $250,001 a year, so the median home costs 6.4 times the median income (4.9 times for New York). 93% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Cold Spring Harbor at a glance
| Cold Spring Harbor | New York | U.S. | |
|---|---|---|---|
| Median home value | $1,587,900 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 0.63% | 1.55% | 0.94% |
| Median household income | $250,001 | $85,974 | $80,734 |
| Homes lived in by their owners | 93% | 54% | 65% |
| Owner homes with a mortgage | 69% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 28.8% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1960 | 1959 | 1980 |
| Vacant homes | 4.7% | 10.0% | 10.1% |
| Population | 3,220 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Cold Spring Harbor
At this week's average 30-year rate of 7.11%, buying the median Cold Spring Harbor home of $1,587,900 with 20% down costs about $10,041 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $12,941, 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 $430,320 for the 20%-down payment. That payment is 48% of the median Cold Spring Harbor household income of $250,001; at that income and 20% down, the 28% guideline points to a home of about $923,000.
| Down payment | $317,580 |
|---|---|
| Loan amount | $1,270,320 |
| Principal and interest | $8,546 |
| Property taxes (0.63% a year) | $834 |
| Homeowners insurance (our estimate, 0.5% a year) | $662 |
| PMI | $0 |
| Total per month | $10,041 |
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| Down payment | $55,576 |
|---|---|
| Loan amount | $1,559,139 |
| Principal and interest | $10,488 |
| Property taxes (0.63% a year) | $834 |
| Homeowners insurance (our estimate, 0.5% a year) | $662 |
| FHA mortgage insurance | $958 |
| Total per month | $12,941 |
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Questions about home buying in Cold Spring Harbor
What is the median home value in Cold Spring Harbor?
About $1,587,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cold Spring Harbor?
Homeowners pay a median $10,001 a year, which is about 0.63% 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 Cold Spring Harbor?
For the median home with 20% down at 7.11%, the payment is about $10,041 a month. Keeping that under 28% of gross income takes about $430,320 a year.
More about Cold Spring Harbor
- Mortgage Refinance in Cold Spring Harbor
- Debt Relief in Cold Spring Harbor
- Home Equity Loans in Cold Spring Harbor
- 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