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Moravia

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

Median Home$172,200
Median Rent$851/month
Population1,168
Leading IndustriesRetail · Public Administration · Manufacturing16% retail
Home Value Growth⬆⬆⬆+22.4% over 2 years
Young Adults25% of residents
Homeowners81% of occupied units
Moravia
NY

Frequently Asked Questions

What are today's mortgage rates in Moravia?

As of today, the 30-year fixed mortgage rate for Moravia is approximately 6.944% (6.982% 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 Moravia?

The median home value in Moravia is $172k. The median monthly rent is $851. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Moravia?

Home values in Moravia have increased 22.4% 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 Moravia?

Based on a typical all-in ownership cost of $990/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Moravia is $64k/year.

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What industries drive the economy in Moravia?

The largest employment sectors in Moravia are public administration (27%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.