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Massapequa

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

Median Home$691,020
Median Rent$2,668/month
Population21,389
Leading IndustriesProfessional Services · Education · Arts, Food & Hospitality5% professional services
Home Value Growth⬆⬆+12.2% over 2 years
Young Adults24% of residents
Homeowners97% of occupied units
NotableHigh Incomes$178k/year · top 2% nationally
NotableAmenity Score72/100 · highly walkable area
Massapequa
NY

Frequently Asked Questions

What are today's mortgage rates in Massapequa?

As of today, the 30-year fixed mortgage rate for Massapequa is approximately 6.800% (6.833% 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 Massapequa?

The median home value in Massapequa is $691k. The median monthly rent is $2,668. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Massapequa?

Home values in Massapequa have increased 12.2% 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 Massapequa?

Based on a typical all-in ownership cost of $3,164/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $136k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Massapequa is $178k/year.

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What industries drive the economy in Massapequa?

The largest employment sectors in Massapequa are public administration (29%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.