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Black River

Learn about the people, housing, costs and businesses in Black River, New York

Median Home$200,491
Median Rent$1,240/month
Population1,350
Leading IndustriesPublic Administration · Professional Services31% public administration
Home Value Growth⬆⬆+18.9% over 2 years
Young Adults34% of residentswell above average
Homeowners54% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
Black River
NY

Frequently Asked Questions

What are today's mortgage rates in Black River?

As of today, the 30-year fixed mortgage rate for Black River is approximately 7.026% (7.067% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Black River?

The median home value in Black River is $200k. The median monthly rent is $1,240. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Black River?

Home values in Black River have increased 18.9% 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 Black River?

Based on a typical all-in ownership cost of $1,290/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Black River is $80k/year.

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What industries drive the economy in Black River?

The largest employment sectors in Black River are public administration (31%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.