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Middletown city, NY

ZIP 10940 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 10940

Median Home Value
$301,400
Median Rent
$1,350
Affordability Snapshot
$83,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,936/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 10940 in Middletown city, NY, a household would need roughly $83,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,936. That is roughly in line with the local median household income ($87,198). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
63.6%-3% vs US avg
x
Vacancy Rate
6.3%-39% vs US avg
x
Broadband Access
87.9%+1% vs US avg
x
4+ Bedrooms
4.8%-68% vs US avg
x
Built Pre-1939
4.8%-62% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
24.0%-52% vs US avg
x
Mortgage-Free
32.3%-15% vs US avg
x
$301,400
Home Value
$1,350
Rent
1972
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached57.2%
  • 1-unit attached9.9%
  • 2-9 units19.6%
  • 10+ units12.9%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$301,400
Median rent$1,350
Owner-occupied63.6%
Vacant6.3%
Price-to-income3.5x
Est. income to buy$83,000