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Chestnut Ridge

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

Median Home$709,894
Median Rent$3,033/month
Population10,505
Leading IndustriesPublic Administration · Manufacturing · Finance & Insurance27% public administration
Home Value Growth⬆⬆⬆+31.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners76% of occupied units
NotableHigh Incomes$112k/year · top 11% nationally
Chestnut Ridge
NY

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Chestnut Ridge?

As of today, the 30-year fixed mortgage rate for Chestnut Ridge is approximately 6.914% (6.951% 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 Chestnut Ridge?

The median home value in Chestnut Ridge is $710k. The median monthly rent is $3,033. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chestnut Ridge?

Home values in Chestnut Ridge have increased 31.8% 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 Chestnut Ridge?

Based on a typical all-in ownership cost of $2,845/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $122k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chestnut Ridge is $112k/year.

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What industries drive the economy in Chestnut Ridge?

The largest employment sectors in Chestnut Ridge are public administration (27%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.