Levittown, NY is a relatively affordable suburban area with a strong sense of community. Here are some pros and cons of homeownership in Levittown:

Pros:
- Affordable housing: Housing prices in Levittown are relatively affordable, making it a good option for first-time homebuyers and families looking to move to a suburban area.
- Great schools: Levittown has great schools, which make it an attractive option for families with children.
- Desirable location: Levittown is located in close proximity to New York City, making it an ideal location for those who work in the city but prefer to live in a quieter suburban area.
- Strong sense of community: Levittown offers a strong sense of community with a variety of amenities that contribute to the overall quality of life including recreational facilities, parks and public pools.

Cons:
- High property taxes: Nassau County has some of the highest property taxes in the nation, which is something to consider when purchasing a home in Levittown.
- Limited cultural attractions: While Levittown is located near New York City, it doesn't offer the same cultural attractions that the city does, which may be a drawback for some.
- Traffic: Commuting to the city can be time-consuming and traffic can be heavy during peak hours.

Overall, Levittown is an attractive option for those looking for an affordable suburban area with a strong sense of community and excellent schools, but its high property taxes and relative distance from cultural attractions should be taken into consideration.