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Central Islip

Learn about the people, housing, costs and businesses in Central Islip, New York

Median Home$439,153
Median Rent$2,170/month
Population38,419
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services18% healthcare
Home Value Growth⬆⬆⬆+22.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners78% of occupied units
NotableTransit84/100 · excellent transit access
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
Central Islip
NY

Frequently Asked Questions

What are today's mortgage rates in Central Islip?

As of today, the 30-year fixed mortgage rate for Central Islip is approximately 6.851% (6.886% 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 Central Islip?

The median home value in Central Islip is $439k. The median monthly rent is $2,170. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Central Islip?

Home values in Central Islip have increased 22.9% 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 Central Islip?

Based on a typical all-in ownership cost of $2,398/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Central Islip is $114k/year.

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What industries drive the economy in Central Islip?

The largest employment sectors in Central Islip are public administration (21%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.