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Glens Falls

Learn about the people, housing, costs and businesses in Glens Falls

Median Home$237,224
Median Rent$1,093/month
Population126,039
Leading IndustriesManufacturing · Wholesale Trade · Public Administration1% manufacturing
Home Value Growth⬆⬆+17.0% over 2 years
Retirees23% of residentswell above average
Homeowners74% of occupied units
NotableTransit78/100 · excellent transit access
NotableVeteran Community8% of residents · top 28% nationally
Glens Falls

Frequently Asked Questions

What are today's mortgage rates in Glens Falls?

Mortgage rates for Glens Falls 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.

View current rates for Glens Falls
What is the median home price in Glens Falls?

The median home value in Glens Falls is $237k. The median monthly rent is $1,093. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glens Falls?

Home values in Glens Falls have increased 17.0% 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 Glens Falls?

Based on a typical all-in ownership cost of $1,189/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glens Falls is $77k/year.

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What industries drive the economy in Glens Falls?

The largest employment sectors in Glens Falls are public administration (26%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.