The typical owner-occupied home in Mastic Beach is worth about $357,200, 16% below the New York median of $423,800 and 7% above the national median of $332,700. Owners pay a median $8,027 a year in property taxes, about 2.25% of their home's value, higher than the New York rate of 1.55%. The median household earns $111,493 a year, so the median home costs 3.2 times the median income (4.9 times for New York). 82% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Mastic Beach at a glance
| Mastic Beach | New York | U.S. | |
|---|---|---|---|
| Median home value | $357,200 | $423,800 | $332,700 |
| Median property tax paid per year | $8,027 | $6,582 | $3,119 |
| Property tax as a share of value | 2.25% | 1.55% | 0.94% |
| Median household income | $111,493 | $85,974 | $80,734 |
| Homes lived in by their owners | 82% | 54% | 65% |
| Owner homes with a mortgage | 72% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,314 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 22.5% | 21.0% |
| Median rent | $2,428 | $1,621 | $1,413 |
| Rent as a share of renters' income | 51.0% | 31.2% | 30.6% |
| Median year homes were built | 1971 | 1959 | 1980 |
| Vacant homes | 6.3% | 10.0% | 10.1% |
| Population | 16,735 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Mastic Beach
At this week's average 30-year rate of 7.11%, buying the median Mastic Beach home of $357,200 with 20% down costs about $2,741 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,336, 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 $117,468 for the 20%-down payment. That payment is 30% of the median Mastic Beach household income of $111,493; at that income and 20% down, the 28% guideline points to a home of about $339,000.
The median rent here is $2,428 a month, so owning the median home costs about $313 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $71,440 |
|---|---|
| Loan amount | $285,760 |
| Principal and interest | $1,922 |
| Property taxes (2.25% a year) | $670 |
| Homeowners insurance (our estimate, 0.5% a year) | $149 |
| PMI | $0 |
| Total per month | $2,741 |
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| Down payment | $12,502 |
|---|---|
| Loan amount | $350,730 |
| Principal and interest | $2,359 |
| Property taxes (2.25% a year) | $670 |
| Homeowners insurance (our estimate, 0.5% a year) | $149 |
| FHA mortgage insurance | $158 |
| Total per month | $3,336 |
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Questions about home buying in Mastic Beach
What is the median home value in Mastic Beach?
About $357,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mastic Beach?
Homeowners pay a median $8,027 a year, which is about 2.25% 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 Mastic Beach?
For the median home with 20% down at 7.11%, the payment is about $2,741 a month. Keeping that under 28% of gross income takes about $117,468 a year.
More about Mastic Beach
- Mortgage Refinance in Mastic Beach
- Debt Relief in Mastic Beach
- Home Equity Loans in Mastic Beach
- 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