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Greenwood Lake

Learn about the people, housing, costs and businesses in Greenwood Lake, New York

Median Home$374,834
Median Rent$1,480/month
Population2,924
Leading IndustriesWholesale Trade · Professional Services · Arts, Food & Hospitality18% wholesale trade
Home Value Growth⬆⬆⬆+21.3% over 2 years
Young Adults33% of residentswell above average
Homeowners79% of occupied units
NotableHigh Incomes$99k/year · top 18% nationally
Greenwood Lake
NY

Frequently Asked Questions

What are today's mortgage rates in Greenwood Lake?

As of today, the 30-year fixed mortgage rate for Greenwood Lake is approximately 6.882% (6.918% 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 Greenwood Lake?

The median home value in Greenwood Lake is $375k. The median monthly rent is $1,480. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Greenwood Lake?

Home values in Greenwood Lake have increased 21.3% 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 Greenwood Lake?

Based on a typical all-in ownership cost of $1,834/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Greenwood Lake is $99k/year.

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What industries drive the economy in Greenwood Lake?

The largest employment sectors in Greenwood Lake are public administration (22%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.