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Lyon Mountain

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

Median Home$120,800
Median Rent$840/month
Population373
Leading IndustryPublic Administration29% of local workforce
Home Value Growth⬆⬆+13.7% over 2 years
Young Adults33% of residentswell above average
Homeowners80% of occupied units
NotableAffordable Market$121k median home · lower cost than 84% of the country
Lyon Mountain
NY

Frequently Asked Questions

What are today's mortgage rates in Lyon Mountain?

As of today, the 30-year fixed mortgage rate for Lyon Mountain 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 Lyon Mountain?

The median home value in Lyon Mountain is $121k. The median monthly rent is $840. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lyon Mountain?

Home values in Lyon Mountain have increased 13.7% 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 Lyon Mountain?

Based on a typical all-in ownership cost of $781/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lyon Mountain is $70k/year.

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What industries drive the economy in Lyon Mountain?

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