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Red Hook

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

Median Home$320,160
Median Rent$1,317/month
Population31,942
Leading IndustriesPublic Administration · Manufacturing · Professional Services30% public administration
Home Value Growth⬆⬆+16.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners80% of occupied units
NotableHigh Incomes$90k/year · top 25% nationally
Red Hook
NY

Frequently Asked Questions

What are today's mortgage rates in Red Hook?

As of today, the 30-year fixed mortgage rate for Red Hook is approximately 6.871% (6.906% 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 Red Hook?

The median home value in Red Hook is $320k. The median monthly rent is $1,317. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Red Hook?

Home values in Red Hook have increased 16.4% 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 Red Hook?

Based on a typical all-in ownership cost of $1,385/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Red Hook is $90k/year.

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What industries drive the economy in Red Hook?

The largest employment sectors in Red Hook are public administration (30%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.