The typical owner-occupied home in Scarsdale is worth about $1,800,700, 4.2 times the New York median of $423,800 and 5.4 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.56% of their home's value, lower than the New York rate of 1.55%. The median household earns $250,001 a year, so the median home costs 7.2 times the median income (4.9 times for New York). 92% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Scarsdale at a glance
| Scarsdale | New York | U.S. | |
|---|---|---|---|
| Median home value | $1,800,700 | $423,800 | $332,700 |
| Median property tax paid per year | $10,001 | $6,582 | $3,119 |
| Property tax as a share of value | 0.56% | 1.55% | 0.94% |
| Median household income | $250,001 | $85,974 | $80,734 |
| Homes lived in by their owners | 92% | 54% | 65% |
| Owner homes with a mortgage | 66% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 22.5% | 21.0% |
| Median rent | $3,501 | $1,621 | $1,413 |
| Rent as a share of renters' income | 38.5% | 31.2% | 30.6% |
| Median year homes were built | 1943 | 1959 | 1980 |
| Vacant homes | 5.8% | 10.0% | 10.1% |
| Population | 18,010 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Scarsdale
At this week's average 30-year rate of 7.11%, buying the median Scarsdale home of $1,800,700 with 20% down costs about $11,281 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $14,571, 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 $483,487 for the 20%-down payment. That payment is 54% of the median Scarsdale household income of $250,001; at that income and 20% down, the 28% guideline points to a home of about $931,000.
The median rent here is $3,501 a month, so owning the median home costs about $7,780 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $360,140 |
|---|---|
| Loan amount | $1,440,560 |
| Principal and interest | $9,691 |
| Property taxes (0.56% a year) | $840 |
| Homeowners insurance (our estimate, 0.5% a year) | $750 |
| PMI | $0 |
| Total per month | $11,281 |
Change the numbers in the calculator
| Down payment | $63,024 |
|---|---|
| Loan amount | $1,768,085 |
| Principal and interest | $11,894 |
| Property taxes (0.56% a year) | $840 |
| Homeowners insurance (our estimate, 0.5% a year) | $750 |
| FHA mortgage insurance | $1,086 |
| Total per month | $14,571 |
Change the numbers in the calculator
Questions about home buying in Scarsdale
What is the median home value in Scarsdale?
About $1,800,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Scarsdale?
Homeowners pay a median $10,001 a year, which is about 0.56% 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 Scarsdale?
For the median home with 20% down at 7.11%, the payment is about $11,281 a month. Keeping that under 28% of gross income takes about $483,487 a year.
More about Scarsdale
- Mortgage Refinance in Scarsdale
- Debt Relief in Scarsdale
- Home Equity Loans in Scarsdale
- 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