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South Lewis

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

Median Home$144,019
Median Rent$853/month
Population6,718
Leading IndustriesRetail · Transportation · Finance & Insurance17% retail
Home Value Growth⬆⬆⬆+30.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableAffordable Market$144k median home · lower cost than 86% of the country
South Lewis
NY

Frequently Asked Questions

What are today's mortgage rates in South Lewis?

As of today, the 30-year fixed mortgage rate for South Lewis is approximately 7.403% (7.457% 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 South Lewis?

The median home value in South Lewis is $144k. The median monthly rent is $853. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Lewis?

Home values in South Lewis have increased 30.3% 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 South Lewis?

Based on a typical all-in ownership cost of $798/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Lewis is $65k/year.

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What industries drive the economy in South Lewis?

The largest employment sectors in South Lewis are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.