The typical owner-occupied home in Perry is worth about $120,700, 72% below the New York median of $423,800 and 64% below the national median of $332,700. Owners pay a median $3,730 a year in property taxes, about 3.09% of their home's value, higher than the New York rate of 1.55%. The median household earns $63,291 a year, so the median home costs 1.9 times the median income (4.9 times for New York). 66% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Perry at a glance
| Perry | New York | U.S. | |
|---|---|---|---|
| Median home value | $120,700 | $423,800 | $332,700 |
| Median property tax paid per year | $3,730 | $6,582 | $3,119 |
| Property tax as a share of value | 3.09% | 1.55% | 0.94% |
| Median household income | $63,291 | $85,974 | $80,734 |
| Homes lived in by their owners | 66% | 54% | 65% |
| Owner homes with a mortgage | 55% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,250 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 18.1% | 22.5% | 21.0% |
| Median rent | $759 | $1,621 | $1,413 |
| Rent as a share of renters' income | 28.5% | 31.2% | 30.6% |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 9.1% | 10.0% | 10.1% |
| Population | 3,871 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Perry
At this week's average 30-year rate of 7.11%, buying the median Perry home of $120,700 with 20% down costs about $1,011 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,212, 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 $43,314 for the 20%-down payment. That payment is 19% of the median Perry household income of $63,291; at that income and 20% down, the 28% guideline points to a home of about $176,000.
The median rent here is $759 a month, so owning the median home costs about $252 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $24,140 |
|---|---|
| Loan amount | $96,560 |
| Principal and interest | $650 |
| Property taxes (3.09% a year) | $311 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $1,011 |
Change the numbers in the calculator
| Down payment | $4,224 |
|---|---|
| Loan amount | $118,514 |
| Principal and interest | $797 |
| Property taxes (3.09% a year) | $311 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $1,212 |
Change the numbers in the calculator
Questions about home buying in Perry
What is the median home value in Perry?
About $120,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Perry?
Homeowners pay a median $3,730 a year, which is about 3.09% 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 Perry?
For the median home with 20% down at 7.11%, the payment is about $1,011 a month. Keeping that under 28% of gross income takes about $43,314 a year.
More about Perry
- Mortgage Refinance in Perry
- Debt Relief in Perry
- Home Equity Loans in Perry
- 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