The typical owner-occupied home in Thousand Island Park is worth about $376,600, 11% below the New York median of $423,800 and 13% above the national median of $332,700. Owners pay a median $7,159 a year in property taxes, about 1.90% of their home's value, higher than the New York rate of 1.55%. The median household earns $190,250 a year, so the median home costs 2.0 times the median income (4.9 times for New York). 93% of occupied homes here are lived in by their owners, and 14% of those owners still have a mortgage.
Thousand Island Park at a glance
| Thousand Island Park | New York | U.S. | |
|---|---|---|---|
| Median home value | $376,600 | $423,800 | $332,700 |
| Median property tax paid per year | $7,159 | $6,582 | $3,119 |
| Property tax as a share of value | 1.90% | 1.55% | 0.94% |
| Median household income | $190,250 | $85,974 | $80,734 |
| Homes lived in by their owners | 93% | 54% | 65% |
| Owner homes with a mortgage | 14% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,555 | $1,963 |
| Median rent | – | $1,621 | $1,413 |
| Median year homes were built | 1938 | 1959 | 1980 |
| Vacant homes | 84.2% | 10.0% | 10.1% |
| Population | 222 | 19,852,366 | 334,922,499 |
How much equity Thousand Island Park owners could borrow
Home equity is what your home is worth minus what you owe. Most lenders let you borrow until your loans add up to 80% to 85% of the home's value. For the median Thousand Island Park home of $376,600, 80% is $301,280.
86% of Thousand Island Park owners have no mortgage at all, so they could borrow up to the full 80% limit.
If you instead refinance and take cash out, the whole loan moves to the new rate (this week's 30-year average is 7.11%). A home equity loan or line of credit keeps your current first mortgage, which is usually better when your existing rate is lower than today's.
| Owe nothing | $301,280 to $320,110 |
|---|---|
| Owe $94,150 | $207,130 to $225,960 |
| Owe $188,300 | $112,980 to $131,810 |
| Owe $244,790 | $56,490 to $75,320 |
Before the lender's own limits, fees and your credit and income checks.
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Questions about home equity loans in Thousand Island Park
What is the median home value in Thousand Island Park?
About $376,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Thousand Island Park?
Homeowners pay a median $7,159 a year, which is about 1.90% of the median home value. Your bill depends on your home's assessed value and local rates.
How much can I borrow against my home in Thousand Island Park?
Usually up to 80% to 85% of your home's value, minus what you owe. On the median home of $376,600, an 80% limit is $301,280 before subtracting your mortgage.
More about Thousand Island Park
- Mortgage Refinance in Thousand Island Park
- Home Buying in Thousand Island Park
- Debt Relief in Thousand Island Park
- 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