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Wilmington CDP, NY

ZIP 12997 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 12997

Median Home Value
$272,800
Median Rent
$883
Affordability Snapshot
$75,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,752/mo PITI).

13%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

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

25.7 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 12997 in Wilmington CDP, NY, a household would need roughly $75,000 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 $1,752. That is roughly in line with the local median household income ($80,568). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 36% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.5%+28% vs US avg
x
Vacancy Rate
35.6%+245% vs US avg
x
Broadband Access
96.4%+11% vs US avg
x
4+ Bedrooms
5.3%-64% vs US avg
x
Built Pre-1939
4.2%-68% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
16.1%-68% vs US avg
x
Mortgage-Free
43.0%+12% vs US avg
x
$272,800
Home Value
$883
Rent
1977
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached92.4%
  • 1-unit attached0.0%
  • 2-9 units3.9%
  • 10+ units0.4%
  • Mobile home & other3.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$272,800
Median rent$883
Owner-occupied83.5%
Vacant35.6%
Price-to-income3.4x
Est. income to buy$75,000