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Herricks

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

Median Home$825,400
Median Rent$3,501/month
Population3,907
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare38% public administration
Home Value Growth⬆⬆+19.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners96% of occupied units
NotableHigh Incomes$135k/year · top 6% nationally
NotableHighly Educated28% bachelor's · 17% graduate · top 12% nationally
Herricks
NY

Frequently Asked Questions

What are today's mortgage rates in Herricks?

As of today, the 30-year fixed mortgage rate for Herricks is approximately 6.786% (6.818% 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 Herricks?

The median home value in Herricks is $825k. The median monthly rent is $3,501. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Herricks?

Home values in Herricks have increased 19.5% 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 Herricks?

Based on a typical all-in ownership cost of $2,566/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $110k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Herricks is $135k/year.

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What industries drive the economy in Herricks?

The largest employment sectors in Herricks are public administration (38%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.