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Cortland West

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

Median Home$206,400
Median Rent$955/month
Population1,288
Leading IndustriesPublic Administration · Education · Arts, Food & Hospitality39% public administration
Home Value Growth⬆⬆+11.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners70% of occupied units
NotableAmenity Score75/100 · highly walkable area
NotableTransit81/100 · excellent transit access
Cortland West
NY

Frequently Asked Questions

What are today's mortgage rates in Cortland West?

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

The median home value in Cortland West is $206k. The median monthly rent is $955. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cortland West?

Home values in Cortland West have increased 11.6% 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 Cortland West?

Based on a typical all-in ownership cost of $1,196/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cortland West is $84k/year.

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What industries drive the economy in Cortland West?

The largest employment sectors in Cortland West are public administration (39%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.