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Cementon

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

Median Home$231,700
Median Rent$1,349/month
Population145
Leading IndustryHealthcare24% of local workforce
Home Value Growth⬆⬆⬆+22.0% over 2 years
Retirees28% of residentswell above average
Homeowners69% of occupied units
Cementon
NY

Frequently Asked Questions

What are today's mortgage rates in Cementon?

As of today, the 30-year fixed mortgage rate for Cementon is approximately 6.881% (6.917% 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 Cementon?

The median home value in Cementon is $232k. The median monthly rent is $1,349. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cementon?

Home values in Cementon have increased 22.0% 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 Cementon?

Based on a typical all-in ownership cost of $1,272/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 Cementon is $68k/year.

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What industries drive the economy in Cementon?

The largest employment sectors in Cementon are healthcare (24%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.