The typical owner-occupied home in Hawthorne is worth about $692,200, 63% above the New York median of $423,800 and 2.1 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 1.44% of their home's value, lower than the New York rate of 1.55%. The median household earns $140,856 a year, so the median home costs 4.9 times the median income (4.9 times for New York). 89% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Hawthorne at a glance
| Hawthorne | New York | U.S. | |
|---|---|---|---|
| Median home value | $692,200 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 1.44% | 1.55% | 0.94% |
| Median household income | $140,856 | $85,974 | $80,734 |
| Homes lived in by their owners | 89% | 54% | 65% |
| Owner homes with a mortgage | 58% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 25.3% | 22.5% | 21.0% |
| Median rent | $3,250 | $1,621 | $1,413 |
| Rent as a share of renters' income | 45.0% | 31.2% | 30.6% |
| Median year homes were built | 1955 | 1959 | 1980 |
| Vacant homes | 3.3% | 10.0% | 10.1% |
| Population | 4,878 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Hawthorne
At this week's average 30-year rate of 7.11%, buying the median Hawthorne home of $692,200 with 20% down costs about $4,844 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,997, 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 $207,610 for the 20%-down payment. That payment is 41% of the median Hawthorne household income of $140,856; at that income and 20% down, the 28% guideline points to a home of about $470,000.
The median rent here is $3,250 a month, so owning the median home costs about $1,594 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $138,440 |
|---|---|
| Loan amount | $553,760 |
| Principal and interest | $3,725 |
| Property taxes (1.44% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $288 |
| PMI | $0 |
| Total per month | $4,844 |
Change the numbers in the calculator
| Down payment | $24,227 |
|---|---|
| Loan amount | $679,663 |
| Principal and interest | $4,572 |
| Property taxes (1.44% a year) | $831 |
| Homeowners insurance (our estimate, 0.5% a year) | $288 |
| FHA mortgage insurance | $306 |
| Total per month | $5,997 |
Change the numbers in the calculator
Questions about home buying in Hawthorne
What is the median home value in Hawthorne?
About $692,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hawthorne?
Homeowners pay a median $10,001 a year, which is about 1.44% 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 Hawthorne?
For the median home with 20% down at 7.11%, the payment is about $4,844 a month. Keeping that under 28% of gross income takes about $207,610 a year.
More about Hawthorne
- Mortgage Refinance in Hawthorne
- Debt Relief in Hawthorne
- Home Equity Loans in Hawthorne
- 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