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Centre Island

Learn about the people, housing, costs and businesses in Centre Island, New York

Median Home$709,500
Median Rent$2,483/month
Population382
Leading IndustriesEducation · Professional Services · Public Administration6% education
Home Value Growth⬆⬆+12.1% over 2 years
Retirees31% of residentswell above average
Homeowners83% of occupied units
NotableHigh Incomes$133k/year · top 6% nationally
NotableHighly Educated30% bachelor's · 23% graduate · top 9% nationally
Centre Island
NY

Frequently Asked Questions

What are today's mortgage rates in Centre Island?

As of today, the 30-year fixed mortgage rate for Centre Island is approximately 6.881% (6.917% 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 Centre Island?

The median home value in Centre Island is $710k. The median monthly rent is $2,483. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Centre Island?

Home values in Centre Island have increased 12.1% 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 Centre Island?

Based on a typical all-in ownership cost of $2,939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $126k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centre Island is $133k/year.

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What industries drive the economy in Centre Island?

The largest employment sectors in Centre Island are public administration (30%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.