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Verona

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

Median Home$196,700
Median Rent$797/month
Population816
Leading IndustriesInformation & Media · Public Administration · Arts, Food & Hospitality8% information & media
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly22% of residents
Homeowners91% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Verona
NY

Frequently Asked Questions

What are today's mortgage rates in Verona?

As of today, the 30-year fixed mortgage rate for Verona is approximately 6.993% (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 Verona?

The median home value in Verona is $197k. The median monthly rent is $797. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Verona?

Home values in Verona have increased 12.9% 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 Verona?

Based on a typical all-in ownership cost of $996/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Verona is $84k/year.

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What industries drive the economy in Verona?

The largest employment sectors in Verona are public administration (26%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.