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Shoreham-Wading River

Learn about the people, housing, costs and businesses in Shoreham-Wading River, New York

Median Home$541,635
Median Rent$1,856/month
Population13,256
Leading IndustriesPublic Administration · Wholesale Trade · Arts, Food & Hospitality34% public administration
Home Value Growth⬆⬆+14.8% over 2 years
Retirees24% of residentsabove average nationally
Homeowners95% of occupied units
NotableHigh Incomes$137k/year · top 2% nationally
Shoreham-Wading River
NY

Explore Shoreham-Wading River

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

Frequently Asked Questions

What are today's mortgage rates in Shoreham-Wading River?

As of today, the 30-year fixed mortgage rate for Shoreham-Wading River is approximately 6.837% (6.871% 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 Shoreham-Wading River
What is the median home price in Shoreham-Wading River?

The median home value in Shoreham-Wading River is $542k. The median monthly rent is $1,856. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shoreham-Wading River?

Home values in Shoreham-Wading River have increased 14.8% 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 Shoreham-Wading River?

Based on a typical all-in ownership cost of $2,707/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $116k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shoreham-Wading River is $137k/year.

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What industries drive the economy in Shoreham-Wading River?

The largest employment sectors in Shoreham-Wading River are public administration (34%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.