Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Old Field

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

Median Home$947,100
Median Rent$3,279/month
Population944
Leading IndustriesPublic Administration · Finance & Insurance · Arts, Food & Hospitality36% public administration
Home Value Growth⬆⬆+11.8% over 2 years
Retirees24% of residentsslightly above average
Homeowners84% of occupied units
NotableHigh Incomes$205k/year · top 1% nationally
NotableHighly Educated25% bachelor's · 19% graduate · top 18% nationally
Old Field
NY

Frequently Asked Questions

What are today's mortgage rates in Old Field?

As of today, the 30-year fixed mortgage rate for Old Field 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.

View current rates for Old Field
What is the median home price in Old Field?

The median home value in Old Field is $947k. The median monthly rent is $3,279. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Old Field?

Home values in Old Field have increased 11.8% 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 Old Field?

Based on a typical all-in ownership cost of $3,624/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $155k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Old Field is $205k/year.

Calculate your buying power
What industries drive the economy in Old Field?

The largest employment sectors in Old Field are public administration (36%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.