The typical owner-occupied home in Wainscott is worth about $2,000,001, 4.7 times the New York median of $423,800 and 6.0 times the national median of $332,700. Owners pay a median $4,896 a year in property taxes, about 0.24% of their home's value, lower than the New York rate of 1.55%. The median household earns $130,833 a year, so the median home costs 15.3 times the median income (4.9 times for New York). 95% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Wainscott at a glance
| Wainscott | New York | U.S. | |
|---|---|---|---|
| Median home value | $2,000,001 | $423,800 | $332,700 |
| Median property tax paid per year | $4,896 | $6,582 | $3,119 |
| Property tax as a share of value | 0.24% | 1.55% | 0.94% |
| Median household income | $130,833 | $85,974 | $80,734 |
| Homes lived in by their owners | 95% | 54% | 65% |
| Owner homes with a mortgage | 47% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 40.9% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1990 | 1959 | 1980 |
| Vacant homes | 66.7% | 10.0% | 10.1% |
| Population | 612 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Wainscott
At this week's average 30-year rate of 7.11%, buying the median Wainscott home of $2,000,001 with 20% down costs about $11,997 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $15,650, 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 $514,142 for the 20%-down payment. That payment is 110% of the median Wainscott household income of $130,833; at that income and 20% down, the 28% guideline points to a home of about $509,000.
| Down payment | $400,000 |
|---|---|
| Loan amount | $1,600,001 |
| Principal and interest | $10,763 |
| Property taxes (0.24% a year) | $400 |
| Homeowners insurance (our estimate, 0.5% a year) | $833 |
| PMI | $0 |
| Total per month | $11,997 |
Change the numbers in the calculator
| Down payment | $70,000 |
|---|---|
| Loan amount | $1,963,776 |
| Principal and interest | $13,210 |
| Property taxes (0.24% a year) | $400 |
| Homeowners insurance (our estimate, 0.5% a year) | $833 |
| FHA mortgage insurance | $1,206 |
| Total per month | $15,650 |
Change the numbers in the calculator
Questions about home buying in Wainscott
What is the median home value in Wainscott?
About $2,000,001 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wainscott?
Homeowners pay a median $4,896 a year, which is about 0.24% 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 Wainscott?
For the median home with 20% down at 7.11%, the payment is about $11,997 a month. Keeping that under 28% of gross income takes about $514,142 a year.
More about Wainscott
- Mortgage Refinance in Wainscott
- Debt Relief in Wainscott
- Home Equity Loans in Wainscott
- 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