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Lawrence village, NY

ZIP 11559 — Housing & Real Estate

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

Wealthy AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11559

Median Home Value
$1,108,200
Median Rent
$1,842
Affordability Snapshot
$305,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$7,119/mo PITI).

14%
Rent-to-Income Ratio

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

7.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

50.1 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 11559 in Lawrence village, NY, a household would need roughly $305,000 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 $7,119. That is about 95% above the local median household income ($156,429), so the median earner would likely stretch or need a larger down payment. 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
75.3%+15% vs US avg
x
Vacancy Rate
7.7%-25% vs US avg
x
Broadband Access
96.9%+11% vs US avg
x
4+ Bedrooms
32.5%+120% vs US avg
x
Built Pre-1939
8.2%-36% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
46.5%-7% vs US avg
x
Mortgage-Free
48.3%+26% vs US avg
x
$1,108,200
Home Value
$1,842
Rent
1963
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached66.2%
  • 1-unit attached1.8%
  • 2-9 units17.0%
  • 10+ units15.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,108,200
Median rent$1,842
Owner-occupied75.3%
Vacant7.7%
Price-to-income7.1x
Est. income to buy$305,000