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Herkimer County

Learn about the people, housing, costs and businesses in Herkimer County County

Median Home$151,151
Median Rent$814/month
Population59,757
Leading IndustryPublic Administration29% of local workforce
Home Value Growth⬆⬆+19.6% over 2 years
Retirees22% of residentsnear the national average
Homeowners77% of occupied units
NotableAffordable Market$151k median home · lower cost than 69% of the country
Herkimer County
NY

Frequently Asked Questions

What are today's mortgage rates in Herkimer County?

As of today, the 30-year fixed mortgage rate for Herkimer County is approximately 7.131% (7.163% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Herkimer County
What is the median home price in Herkimer County?

The median home value in Herkimer County is $151k. The median monthly rent is $814. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Herkimer County?

Home values in Herkimer County have increased 19.6% 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 Herkimer County?

Based on a typical all-in ownership cost of $871/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Herkimer County is $70k/year.

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What industries drive the economy in Herkimer County?

The largest employment sectors in Herkimer County are public administration (29%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas