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East Frankfort

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

Median Home$196,500
Median Rent$810/month
Population497
Leading IndustriesPublic Administration · Healthcare · Education38% public administration
Home Value Growth⬆⬆⬆+34.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners87% of occupied units
NotableTransit83/100 · excellent transit access
NotableVeteran Community9% of residents · top 22% nationally
East Frankfort
NY

Frequently Asked Questions

What are today's mortgage rates in East Frankfort?

As of today, the 30-year fixed mortgage rate for East Frankfort is approximately 6.930% (6.967% 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 East Frankfort?

The median home value in East Frankfort is $197k. The median monthly rent is $810. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Frankfort?

Home values in East Frankfort have increased 34.4% 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 East Frankfort?

Based on a typical all-in ownership cost of $965/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Frankfort is $72k/year.

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What industries drive the economy in East Frankfort?

The largest employment sectors in East Frankfort are public administration (38%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.