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Great Bend

Learn about the people, housing, costs and businesses in Great Bend, New York

Median Home$197,884
Median Rent$1,162/month
Population807
Leading IndustriesTransportation · Wholesale Trade · Education4% transportation
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners59% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Great Bend
NY

Frequently Asked Questions

What are today's mortgage rates in Great Bend?

As of today, the 30-year fixed mortgage rate for Great Bend is approximately 6.881% (6.917% 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 Great Bend?

The median home value in Great Bend is $198k. The median monthly rent is $1,162. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Great Bend?

Home values in Great Bend have increased 14.9% 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 Great Bend?

Based on a typical all-in ownership cost of $1,171/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Great Bend is $70k/year.

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What industries drive the economy in Great Bend?

The largest employment sectors in Great Bend are public administration (20%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.