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Glen Cove

Learn about the people, housing, costs and businesses in Glen Cove, New York

Median Home$682,886
Median Rent$2,577/month
Population28,112
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆+12.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners51% of occupied units
NotableTransit88/100 · excellent transit access
NotableAmenity Score78/100 · highly walkable area
Glen Cove
NY

Frequently Asked Questions

What are today's mortgage rates in Glen Cove?

As of today, the 30-year fixed mortgage rate for Glen Cove is approximately 6.826% (6.860% 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 Glen Cove?

The median home value in Glen Cove is $683k. The median monthly rent is $2,577. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glen Cove?

Home values in Glen Cove have increased 12.4% 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 Glen Cove?

Based on a typical all-in ownership cost of $2,537/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $109k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glen Cove is $99k/year.

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What industries drive the economy in Glen Cove?

The largest employment sectors in Glen Cove are public administration (27%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.