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Copake

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

Median Home$325,000
Median Rent$1,204/month
Population315
Leading IndustriesProfessional Services · Manufacturing · Retail5% professional services
Home Value Growth⬆⬆+20.5% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners89% of occupied units
NotableHigh Incomes$114k/year · top 11% nationally
Copake
NY

Frequently Asked Questions

What are today's mortgage rates in Copake?

As of today, the 30-year fixed mortgage rate for Copake 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 Copake?

The median home value in Copake is $325k. The median monthly rent is $1,204. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Copake?

Home values in Copake have increased 20.5% 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 Copake?

Based on a typical all-in ownership cost of $1,161/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Copake is $114k/year.

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What industries drive the economy in Copake?

The largest employment sectors in Copake are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.