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Claverack-Red Mills

Learn about the people, housing, costs and businesses in Claverack-Red Mills, New York

Median Home$326,200
Median Rent$1,243/month
Population952
Leading IndustriesArts, Food & Hospitality · Professional Services · Information & Media8% arts, food & hospitality
Home Value Growth⬆⬆⬆+22.8% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners87% of occupied units
NotableTransit86/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Claverack-Red Mills
NY

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Frequently Asked Questions

What are today's mortgage rates in Claverack-Red Mills?

As of today, the 30-year fixed mortgage rate for Claverack-Red Mills is approximately 6.958% (6.996% 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 Claverack-Red Mills?

The median home value in Claverack-Red Mills is $326k. The median monthly rent is $1,243. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Claverack-Red Mills?

Home values in Claverack-Red Mills have increased 22.8% 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 Claverack-Red Mills?

Based on a typical all-in ownership cost of $1,297/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Claverack-Red Mills is $74k/year.

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What industries drive the economy in Claverack-Red Mills?

The largest employment sectors in Claverack-Red Mills are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.