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Elmira

Learn about the people, housing, costs and businesses in Elmira

Median Home$146,348
Median Rent$1,080/month
Population82,147
Leading IndustriesPublic Administration · Manufacturing · Retail30% public administration
Home Value Growth⬆⬆+14.0% over 2 years
Retirees20% of residentsslightly above average
Homeowners68% of occupied units
NotableVeteran Community9% of residents · top 18% nationally
NotableAffordable Market$146k median home · lower cost than 97% of the country
Elmira

Explore Elmira

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Elmira?›

Mortgage rates for Elmira are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Elmira?›

The median home value in Elmira is $146k. The median monthly rent is $1,080. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elmira?›

Home values in Elmira have increased 14.0% 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 Elmira?›

Based on a typical all-in ownership cost of $1,017/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elmira is $66k/year.

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What industries drive the economy in Elmira?›

The largest employment sectors in Elmira are public administration (30%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.