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Hankins

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

Median Home$307,100
Median Rent$1,147/month
Population132
Leading IndustriesProfessional Services · Wholesale Trade · Healthcare4% professional services
Home Value Growth⬆⬆⬆+27.0% over 2 years
Retirees26% of residentsabove average nationally
Homeowners76% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Hankins
NY

Frequently Asked Questions

What are today's mortgage rates in Hankins?

As of today, the 30-year fixed mortgage rate for Hankins is approximately 6.942% (6.980% 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 Hankins?

The median home value in Hankins is $307k. The median monthly rent is $1,147. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hankins?

Home values in Hankins have increased 27.0% 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 Hankins?

Based on a typical all-in ownership cost of $1,130/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hankins is $67k/year.

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What industries drive the economy in Hankins?

The largest employment sectors in Hankins are public administration (27%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.