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Fair Haven

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

Median Home$141,200
Median Rent$681/month
Population753
Leading IndustriesPublic Administration · Wholesale Trade · Transportation34% public administration
Home Value Growth⬆⬆+21.0% over 2 years
Retirees27% of residentsabove average nationally
Homeowners90% of occupied units
NotableAffordable Market$141k median home · lower cost than 77% of the country
Fair Haven
NY

Frequently Asked Questions

What are today's mortgage rates in Fair Haven?

As of today, the 30-year fixed mortgage rate for Fair Haven is approximately 6.994% (7.037% 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 Fair Haven?

The median home value in Fair Haven is $141k. The median monthly rent is $681. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fair Haven?

Home values in Fair Haven have increased 21.0% 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 Fair Haven?

Based on a typical all-in ownership cost of $970/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fair Haven is $60k/year.

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What industries drive the economy in Fair Haven?

The largest employment sectors in Fair Haven are public administration (34%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.