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Red Hook

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

Median Home$378,200
Median Rent$1,386/month
Population2,275
Leading IndustriesProfessional Services · Public Administration · Education5% professional services
Home Value Growth+9.5% over 2 years
Retirees28% of residentswell above average
Homeowners66% of occupied units
NotableAmenity Score88/100 · highly walkable area
NotableTransit94/100 · excellent transit access
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 6.865% (6.900% 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 $378k. The median monthly rent is $1,386. Annual property taxes average $9k. 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 9.5% over the past two years. This represents moderate growth. 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 $2,012/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $86k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Red Hook is $107k/year.

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What industries drive the economy in Red Hook?

The largest employment sectors in Red Hook are public administration (35%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.