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New Suffolk Common

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

Median Home$197,560
Median Rent$840/month
Population6,409
Leading IndustriesWholesale Trade · Manufacturing · Professional Services13% wholesale trade
Home Value Growth+8.5% over 2 years
Retirees28% of residentswell above average
Homeowners87% of occupied units
New Suffolk Common
NY

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in New Suffolk Common?

As of today, the 30-year fixed mortgage rate for New Suffolk Common is approximately 6.980% (7.019% 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 Suffolk Common?

The median home value in New Suffolk Common is $198k. The median monthly rent is $840. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Suffolk Common?

Home values in New Suffolk Common have increased 8.5% over the past two years. This represents moderate growth. 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 Suffolk Common?

Based on a typical all-in ownership cost of $750/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Suffolk Common is $68k/year.

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What industries drive the economy in New Suffolk Common?

The largest employment sectors in New Suffolk Common are public administration (21%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.