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Tioga Terrace

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

Median Home$213,700
Median Rent$1,106/month
Population2,167
Leading IndustriesArts, Food & Hospitality · Transportation · Education13% arts, food & hospitality
Home Value Growth+10.7% over 2 years
Retirees22% of residentsnear the national average
Homeowners89% of occupied units
NotableHigh Incomes$125k/year · top 7% nationally
Tioga Terrace
NY

Frequently Asked Questions

What are today's mortgage rates in Tioga Terrace?

As of today, the 30-year fixed mortgage rate for Tioga Terrace is approximately 6.969% (7.011% 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 Tioga Terrace?

The median home value in Tioga Terrace is $214k. The median monthly rent is $1,106. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tioga Terrace?

Home values in Tioga Terrace have increased 10.7% 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 Tioga Terrace?

Based on a typical all-in ownership cost of $1,310/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tioga Terrace is $125k/year.

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What industries drive the economy in Tioga Terrace?

The largest employment sectors in Tioga Terrace are public administration (29%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.