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Trumansburg

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

Median Home$261,600
Median Rent$1,275/month
Population1,758
Leading IndustriesArts, Food & Hospitality · Healthcare · Public Administration14% arts, food & hospitality
Home Value Growth⬆⬆+12.7% over 2 years
Retirees24% of residentsslightly above average
Homeowners67% of occupied units
NotableHighly Educated30% bachelor's · 15% graduate · top 9% nationally
Trumansburg
NY

Frequently Asked Questions

What are today's mortgage rates in Trumansburg?

As of today, the 30-year fixed mortgage rate for Trumansburg is approximately 6.996% (7.036% 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 Trumansburg?

The median home value in Trumansburg is $262k. The median monthly rent is $1,275. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Trumansburg?

Home values in Trumansburg have increased 12.7% 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 Trumansburg?

Based on a typical all-in ownership cost of $1,271/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Trumansburg is $71k/year.

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What industries drive the economy in Trumansburg?

The largest employment sectors in Trumansburg are public administration (26%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.