The typical owner-occupied home in Pine Hill is worth about $348,900, 18% below the New York median of $423,800 and 5% above the national median of $332,700. Owners pay a median $7,632 a year in property taxes, about 2.19% of their home's value, higher than the New York rate of 1.55%. The median household earns $87,039 a year, so the median home costs 4.0 times the median income (4.9 times for New York). 78% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.
Pine Hill at a glance
| Pine Hill | New York | U.S. | |
|---|---|---|---|
| Median home value | $348,900 | $423,800 | $332,700 |
| Median property tax paid per year | $7,632 | $6,582 | $3,119 |
| Property tax as a share of value | 2.19% | 1.55% | 0.94% |
| Median household income | $87,039 | $85,974 | $80,734 |
| Homes lived in by their owners | 78% | 54% | 65% |
| Owner homes with a mortgage | 27% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 22.5% | 21.0% |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 53.5% | 10.0% | 10.1% |
| Population | 317 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Pine Hill
At this week's average 30-year rate of 7.11%, buying the median Pine Hill home of $348,900 with 20% down costs about $2,660 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,241, 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 $113,991 for the 20%-down payment. That payment is 37% of the median Pine Hill household income of $87,039; at that income and 20% down, the 28% guideline points to a home of about $266,000.
| Down payment | $69,780 |
|---|---|
| Loan amount | $279,120 |
| Principal and interest | $1,878 |
| Property taxes (2.19% a year) | $637 |
| Homeowners insurance (our estimate, 0.5% a year) | $145 |
| PMI | $0 |
| Total per month | $2,660 |
Change the numbers in the calculator
| Down payment | $12,212 |
|---|---|
| Loan amount | $342,581 |
| Principal and interest | $2,305 |
| Property taxes (2.19% a year) | $637 |
| Homeowners insurance (our estimate, 0.5% a year) | $145 |
| FHA mortgage insurance | $154 |
| Total per month | $3,241 |
Change the numbers in the calculator
Questions about home buying in Pine Hill
What is the median home value in Pine Hill?
About $348,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pine Hill?
Homeowners pay a median $7,632 a year, which is about 2.19% 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 Pine Hill?
For the median home with 20% down at 7.11%, the payment is about $2,660 a month. Keeping that under 28% of gross income takes about $113,991 a year.
More about Pine Hill
- Mortgage Refinance in Pine Hill
- Debt Relief in Pine Hill
- Home Equity Loans in Pine Hill
- 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