The typical owner-occupied home in East Marion is worth about $857,800, 2.0 times the New York median of $423,800 and 2.6 times the national median of $332,700. Owners pay a median $4,571 a year in property taxes, about 0.53% of their home's value, lower than the New York rate of 1.55%. The median household earns $102,500 a year, so the median home costs 8.4 times the median income (4.9 times for New York). 87% of occupied homes here are lived in by their owners, and 23% of those owners still have a mortgage.
East Marion at a glance
| East Marion | New York | U.S. | |
|---|---|---|---|
| Median home value | $857,800 | $423,800 | $332,700 |
| Median property tax paid per year | $4,571 | $6,582 | $3,119 |
| Property tax as a share of value | 0.53% | 1.55% | 0.94% |
| Median household income | $102,500 | $85,974 | $80,734 |
| Homes lived in by their owners | 87% | 54% | 65% |
| Owner homes with a mortgage | 23% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,733 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 25.8% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Rent as a share of renters' income | 23.3% | 31.2% | 30.6% |
| Median year homes were built | 1961 | 1959 | 1980 |
| Vacant homes | 41.9% | 10.0% | 10.1% |
| Population | 1,331 | 19,852,366 | 334,922,499 |
What a typical home costs per month in East Marion
At this week's average 30-year rate of 7.11%, buying the median East Marion home of $857,800 with 20% down costs about $5,353 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,920, 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 $229,400 for the 20%-down payment. That payment is 63% of the median East Marion household income of $102,500; at that income and 20% down, the 28% guideline points to a home of about $383,000.
| Down payment | $171,560 |
|---|---|
| Loan amount | $686,240 |
| Principal and interest | $4,616 |
| Property taxes (0.53% a year) | $379 |
| Homeowners insurance (our estimate, 0.5% a year) | $357 |
| PMI | $0 |
| Total per month | $5,353 |
Change the numbers in the calculator
| Down payment | $30,023 |
|---|---|
| Loan amount | $842,263 |
| Principal and interest | $5,666 |
| Property taxes (0.53% a year) | $379 |
| Homeowners insurance (our estimate, 0.5% a year) | $357 |
| FHA mortgage insurance | $517 |
| Total per month | $6,920 |
Change the numbers in the calculator
Questions about home buying in East Marion
What is the median home value in East Marion?
About $857,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in East Marion?
Homeowners pay a median $4,571 a year, which is about 0.53% 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 East Marion?
For the median home with 20% down at 7.11%, the payment is about $5,353 a month. Keeping that under 28% of gross income takes about $229,400 a year.
More about East Marion
- Mortgage Refinance in East Marion
- Debt Relief in East Marion
- Home Equity Loans in East Marion
- 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