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New Square

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

Median Home$608,076
Median Rent$1,789/month
Population9,661
Leading IndustriesPublic Administration · Education47% public administration
Home Value Growth⬆⬆⬆+21.8% over 2 years
Family-Friendly52% of residentstop 1% nationally
Renters83% of occupied units
NotableTransit82/100 · excellent transit access
New Square
NY

Frequently Asked Questions

What are today's mortgage rates in New Square?

As of today, the 30-year fixed mortgage rate for New Square is approximately 6.801% (6.834% 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 New Square?

The median home value in New Square is $608k. The median monthly rent is $1,789. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Square?

Home values in New Square have increased 21.8% 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 New Square?

Based on a typical all-in ownership cost of $1,890/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $81k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Square is $33k/year.

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What industries drive the economy in New Square?

The largest employment sectors in New Square are public administration (47%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.