The typical owner-occupied home in Tillson is worth about $298,300, 30% below the New York median of $423,800 and 10% below the national median of $332,700. Owners pay a median $5,338 a year in property taxes, about 1.79% of their home's value, higher than the New York rate of 1.55%. The median household earns $98,750 a year, so the median home costs 3.0 times the median income (4.9 times for New York). 86% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Tillson at a glance
| Tillson | New York | U.S. | |
|---|---|---|---|
| Median home value | $298,300 | $423,800 | $332,700 |
| Median property tax paid per year | $5,338 | $6,582 | $3,119 |
| Property tax as a share of value | 1.79% | 1.55% | 0.94% |
| Median household income | $98,750 | $85,974 | $80,734 |
| Homes lived in by their owners | 86% | 54% | 65% |
| Owner homes with a mortgage | 65% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,968 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 17.7% | 22.5% | 21.0% |
| Median rent | $1,528 | $1,621 | $1,413 |
| Rent as a share of renters' income | 42.8% | 31.2% | 30.6% |
| Median year homes were built | 1958 | 1959 | 1980 |
| Vacant homes | 0.0% | 10.0% | 10.1% |
| Population | 1,530 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Tillson
At this week's average 30-year rate of 7.11%, buying the median Tillson home of $298,300 with 20% down costs about $2,175 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,672, 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 $93,198 for the 20%-down payment. That payment is 26% of the median Tillson household income of $98,750; at that income and 20% down, the 28% guideline points to a home of about $316,000.
The median rent here is $1,528 a month, so owning the median home costs about $647 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $59,660 |
|---|---|
| Loan amount | $238,640 |
| Principal and interest | $1,605 |
| Property taxes (1.79% a year) | $445 |
| Homeowners insurance (our estimate, 0.5% a year) | $124 |
| PMI | $0 |
| Total per month | $2,175 |
Change the numbers in the calculator
| Down payment | $10,440 |
|---|---|
| Loan amount | $292,897 |
| Principal and interest | $1,970 |
| Property taxes (1.79% a year) | $445 |
| Homeowners insurance (our estimate, 0.5% a year) | $124 |
| FHA mortgage insurance | $132 |
| Total per month | $2,672 |
Change the numbers in the calculator
Questions about home buying in Tillson
What is the median home value in Tillson?
About $298,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Tillson?
Homeowners pay a median $5,338 a year, which is about 1.79% 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 Tillson?
For the median home with 20% down at 7.11%, the payment is about $2,175 a month. Keeping that under 28% of gross income takes about $93,198 a year.
More about Tillson
- Mortgage Refinance in Tillson
- Debt Relief in Tillson
- Home Equity Loans in Tillson
- 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