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Skaneateles

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

Median Home$483,686
Median Rent$1,148/month
Population2,517
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration14% arts, food & hospitality
Home Value Growth⬆⬆⬆+28.3% over 2 years
Retirees28% of residentswell above average
Homeowners79% of occupied units
NotableHighly Educated32% bachelor's · 17% graduate · top 6% nationally
NotableAmenity Score76/100 · highly walkable area
Skaneateles
NY

Frequently Asked Questions

What are today's mortgage rates in Skaneateles?

As of today, the 30-year fixed mortgage rate for Skaneateles is approximately 6.888% (6.924% 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 Skaneateles?

The median home value in Skaneateles is $484k. The median monthly rent is $1,148. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Skaneateles?

Home values in Skaneateles have increased 28.3% 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 Skaneateles?

Based on a typical all-in ownership cost of $1,479/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Skaneateles is $106k/year.

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What industries drive the economy in Skaneateles?

The largest employment sectors in Skaneateles are public administration (27%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.