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Cragsmoor

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

Median Home$225,500
Median Rent$1,235/month
Population406
Leading IndustriesProfessional Services · Education · Finance & Insurance6% professional services
Home Value Growth⬆⬆+19.7% over 2 years
Young Adults28% of residentsnear the national average
Homeowners69% of occupied units
NotableTransit90/100 · excellent transit access
Cragsmoor
NY

Frequently Asked Questions

What are today's mortgage rates in Cragsmoor?

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

The median home value in Cragsmoor is $226k. The median monthly rent is $1,235. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cragsmoor?

Home values in Cragsmoor have increased 19.7% 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 Cragsmoor?

Based on a typical all-in ownership cost of $1,338/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cragsmoor is $62k/year.

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What industries drive the economy in Cragsmoor?

The largest employment sectors in Cragsmoor are public administration (19%) and information and media (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.