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Bolivar

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

Median Home$85,551
Median Rent$764/month
Population1,017
Leading IndustriesConstruction · Wholesale Trade · Public Administration7% construction
Home Value Growth⬆⬆+19.7% over 2 years
Retirees21% of residentsnear the national average
Homeowners76% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$86k median home · lower cost than 96% of the country
Bolivar
NY

Frequently Asked Questions

What are today's mortgage rates in Bolivar?

As of today, the 30-year fixed mortgage rate for Bolivar is approximately 7.370% (7.422% 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 Bolivar?

The median home value in Bolivar is $86k. The median monthly rent is $764. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bolivar?

Home values in Bolivar have increased 19.7% 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 Bolivar?

Based on a typical all-in ownership cost of $684/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bolivar is $55k/year.

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What industries drive the economy in Bolivar?

The largest employment sectors in Bolivar are public administration (28%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.