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Shelter Island Heights

Learn about the people, housing, costs and businesses in Shelter Island Heights, New York

Median Home$1,104,300
Population1,651
Leading IndustriesTransportation · Wholesale Trade · Finance & Insurance5% transportation
Home Value Growth⬆⬆+17.1% over 2 years
Young Adults27% of residentsnear the national average
Homeowners95% of occupied units
NotableHigh Incomes$134k/year · top 6% nationally
NotableTransit84/100 · excellent transit access
Shelter Island Heights
NY

Explore Shelter Island Heights

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

Frequently Asked Questions

What are today's mortgage rates in Shelter Island Heights?

As of today, the 30-year fixed mortgage rate for Shelter Island Heights is approximately 6.921% (6.958% 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 Shelter Island Heights?

The median home value in Shelter Island Heights is $1.1M. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shelter Island Heights?

Home values in Shelter Island Heights have increased 17.1% 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 Shelter Island Heights?

Based on a typical all-in ownership cost of $2,191/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $94k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shelter Island Heights is $134k/year.

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What industries drive the economy in Shelter Island Heights?

The largest employment sectors in Shelter Island Heights are public administration (20%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.