Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Averill Park

Learn about the people, housing, costs and businesses in Averill Park, New York

Median Home$318,900
Median Rent$967/month
Population2,146
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services28% healthcare
Home Value Growth⬆⬆⬆+28.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners84% of occupied units
NotableHighly Educated35% bachelor's · 23% graduate · top 3% nationally
NotableHigh Incomes$117k/year · top 10% nationally
Averill Park
NY

Frequently Asked Questions

What are today's mortgage rates in Averill Park?

As of today, the 30-year fixed mortgage rate for Averill Park is approximately 6.819% (6.852% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Averill Park
What is the median home price in Averill Park?

The median home value in Averill Park is $319k. The median monthly rent is $967. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Averill Park?

Home values in Averill Park have increased 28.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Averill Park?

Based on a typical all-in ownership cost of $1,734/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Averill Park is $117k/year.

Calculate your buying power
What industries drive the economy in Averill Park?

The largest employment sectors in Averill Park are healthcare (28%) and arts, food, and hospitality (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.