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Gang Mills

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

Median Home$309,600
Median Rent$1,436/month
Population4,109
Leading IndustriesRetail · Public Administration · Arts, Food & Hospitality28% retail
Home Value Growth-2.4% over 2 years
Young Adults25% of residents
Homeowners65% of occupied units
NotableHigh Incomes$105k/year · top 14% nationally
NotableTransit80/100 · excellent transit access
Gang Mills
NY

Frequently Asked Questions

What are today's mortgage rates in Gang Mills?

As of today, the 30-year fixed mortgage rate for Gang Mills is approximately 6.981% (7.020% 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 Gang Mills?

The median home value in Gang Mills is $310k. The median monthly rent is $1,436. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gang Mills?

Home values in Gang Mills have decreased 2.4% over the past two years. Buyers may find more negotiating room in this market. 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 Gang Mills?

Based on a typical all-in ownership cost of $1,472/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gang Mills is $105k/year.

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What industries drive the economy in Gang Mills?

The largest employment sectors in Gang Mills are public administration (31%) and retail (28%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.