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Shrub Oak

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

Median Home$537,200
Median Rent$1,194/month
Population2,127
Leading IndustriesHealthcare · Arts, Food & Hospitality · Public Administration25% healthcare
Home Value Growth⬆⬆+20.0% over 2 years
Young Adults28% of residentsnear the national average
Homeowners77% of occupied units
NotableHigh Incomes$177k/year · top 2% nationally
NotableHighly Educated35% bachelor's · 20% graduate · top 3% nationally
Shrub Oak
NY

Frequently Asked Questions

What are today's mortgage rates in Shrub Oak?

As of today, the 30-year fixed mortgage rate for Shrub Oak 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.

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What is the median home price in Shrub Oak?

The median home value in Shrub Oak is $537k. The median monthly rent is $1,194. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shrub Oak?

Home values in Shrub Oak have increased 20.0% 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 Shrub Oak?

Based on a typical all-in ownership cost of $2,693/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $115k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shrub Oak is $177k/year.

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What industries drive the economy in Shrub Oak?

The largest employment sectors in Shrub Oak are public administration (35%) and healthcare (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.