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Montebello

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

Median Home$838,910
Median Rent$2,501/month
Population4,508
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare36% public administration
Home Value Growth⬆⬆⬆+24.8% over 2 years
Family-Friendly29% of residentswell above average
Homeowners69% of occupied units
NotableHigh Incomes$128k/year · top 7% nationally
NotableHighly Educated28% bachelor's · 15% graduate · top 12% nationally
Montebello
NY

Frequently Asked Questions

What are today's mortgage rates in Montebello?

As of today, the 30-year fixed mortgage rate for Montebello is approximately 6.826% (6.860% 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 Montebello?

The median home value in Montebello is $839k. The median monthly rent is $2,501. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montebello?

Home values in Montebello have increased 24.8% 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 Montebello?

Based on a typical all-in ownership cost of $3,197/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $137k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montebello is $128k/year.

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What industries drive the economy in Montebello?

The largest employment sectors in Montebello are public administration (36%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.