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Felts Mills

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

Median Home$202,700
Median Rent$1,366/month
Population486
Leading IndustriesFinance & Insurance · Information & Media8% finance & insurance
Home Value Growth+9.2% over 2 years
Family-Friendly28% of residentswell above average
Homeowners74% of occupied units
NotableVeteran Community17% of residents · top 1% nationally
Felts Mills
NY

Frequently Asked Questions

What are today's mortgage rates in Felts Mills?

As of today, the 30-year fixed mortgage rate for Felts Mills is approximately 6.970% (7.012% 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 Felts Mills?

The median home value in Felts Mills is $203k. The median monthly rent is $1,366. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Felts Mills?

Home values in Felts Mills have increased 9.2% over the past two years. This represents moderate growth. 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 Felts Mills?

Based on a typical all-in ownership cost of $1,303/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Felts Mills is $82k/year.

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What industries drive the economy in Felts Mills?

The largest employment sectors in Felts Mills are public administration (25%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.