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Munsey Park

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

Median Home$1,984,400
Population2,778
Leading IndustriesEducation · Arts, Food & Hospitality · Public Administration7% education
Home Value Growth⬆⬆+15.8% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners99% of occupied units
NotableHigh Incomes$250k/year · top 1% nationally
NotableHighly Educated37% bachelor's · 32% graduate · top 2% nationally
Munsey Park
NY

Frequently Asked Questions

What are today's mortgage rates in Munsey Park?

As of today, the 30-year fixed mortgage rate for Munsey Park is approximately 6.993% (7.025% 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 Munsey Park?

The median home value in Munsey Park is $2.0M. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Munsey Park?

Home values in Munsey Park have increased 15.8% 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 Munsey Park?

Based on a typical all-in ownership cost of $4,001/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $171k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Munsey Park is $250k/year.

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What industries drive the economy in Munsey Park?

The largest employment sectors in Munsey Park are public administration (32%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.