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New Cassel

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

Median Home$512,796
Median Rent$2,334/month
Population14,395
Leading IndustriesTransportation · Public Administration · Education3% transportation
Home Value Growth⬆⬆⬆+22.1% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners60% of occupied units
NotableHigh Incomes$166k/year · top 3% nationally
NotableTransit79/100 · excellent transit access
New Cassel
NY

Frequently Asked Questions

What are today's mortgage rates in New Cassel?

As of today, the 30-year fixed mortgage rate for New Cassel is approximately 6.825% (6.859% 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 New Cassel?

The median home value in New Cassel is $513k. The median monthly rent is $2,334. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Cassel?

Home values in New Cassel have increased 22.1% 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 New Cassel?

Based on a typical all-in ownership cost of $2,275/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $98k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Cassel is $166k/year.

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What industries drive the economy in New Cassel?

The largest employment sectors in New Cassel are public administration (26%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.