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Blue Point

Learn about the people, housing, costs and businesses in Blue Point, New York

Median Home$614,900
Median Rent$2,419/month
Population4,735
Leading IndustriesEducation · Public Administration · Professional Services5% education
Home Value Growth⬆⬆+18.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners90% of occupied units
NotableHigh Incomes$155k/year · top 3% nationally
NotableHighly Educated27% bachelor's · 24% graduate · top 14% nationally
Blue Point
NY

Frequently Asked Questions

What are today's mortgage rates in Blue Point?

As of today, the 30-year fixed mortgage rate for Blue Point is approximately 6.819% (6.852% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Blue Point?

The median home value in Blue Point is $615k. The median monthly rent is $2,419. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Blue Point?

Home values in Blue Point have increased 18.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Blue Point?

Based on a typical all-in ownership cost of $2,607/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $112k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Blue Point is $155k/year.

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What industries drive the economy in Blue Point?

The largest employment sectors in Blue Point are public administration (35%) and wholesale trade (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.