Average mortgage payment in Richmond County, NY (2026)
The average mortgage payment in Richmond County on a median-priced home (~$510,000) is roughly $4,265/month — assuming 10% down at a 6.85% 30-year fixed rate and New York's 1.72% effective property tax rate (full PITI).
To carry that payment under the standard 28% front-end DTI rule, you'd need an annual household income near $182,770. County population is roughly 495,747.
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How Richmond County compares to New York
The typical home in Richmond County is 11% above the statewide median of $460,000 in New York. Property tax is set at the state's effective rate of 1.72% — local millage and special assessments vary by county, but this is the right starting point.
The payment above bakes in principal, interest, property tax, and homeowners insurance — it does not include HOA dues or mortgage insurance (PMI). PMI kicks in automatically when down payment is below 20% on a conventional loan. For a full breakdown, run your own numbers in the main calculator.
Frequently asked questions
What is the average mortgage payment in Richmond County?+
On a median Richmond County home (~$510,000) at a 6.85% 30-year fixed rate with 10% down, all-in PITI runs about $4,265/month, including ~$731 in property tax.
What income do I need to buy a home in Richmond County?+
Using the 28% front-end DTI rule, you'd need roughly $182,770 in annual gross household income to comfortably carry the median Richmond County home.
How does Richmond County compare to the rest of New York?+
Richmond County's median home ($510,000) is 11% above the New York median of $460,000.
Does this include HOA fees or PMI?+
No. HOA dues vary too widely to assume a default — add them directly to the payment. PMI applies when you put less than 20% down on a conventional loan; the main calculator factors it in automatically.