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Central Valley

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

Median Home$131,239
Median Rent$728/month
Population13,738
Leading IndustriesPublic Administration · Professional Services30% public administration
Home Value Growth⬆⬆+13.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners72% of occupied units
NotableAffordable Market$131k median home · lower cost than 89% of the country
NotableVeteran Community9% of residents · top 15% nationally
Central Valley
NY

Frequently Asked Questions

What are today's mortgage rates in Central Valley?

As of today, the 30-year fixed mortgage rate for Central Valley is approximately 7.318% (7.369% 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 Central Valley?

The median home value in Central Valley is $131k. The median monthly rent is $728. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Central Valley?

Home values in Central Valley have increased 13.7% 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 Central Valley?

Based on a typical all-in ownership cost of $809/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Central Valley is $68k/year.

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What industries drive the economy in Central Valley?

The largest employment sectors in Central Valley are public administration (30%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.