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Westmere

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

Median Home$353,363
Median Rent$1,580/month
Population7,644
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation12% arts, food & hospitality
Home Value Growth⬆⬆+18.7% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners56% of occupied units
NotableAmenity Score78/100 · highly walkable area
NotableHighly Educated29% bachelor's · 16% graduate · top 10% nationally
Westmere
NY

Frequently Asked Questions

What are today's mortgage rates in Westmere?

As of today, the 30-year fixed mortgage rate for Westmere is approximately 6.945% (6.983% 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 Westmere?

The median home value in Westmere is $353k. The median monthly rent is $1,580. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Westmere?

Home values in Westmere have increased 18.7% 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 Westmere?

Based on a typical all-in ownership cost of $1,652/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westmere is $99k/year.

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What industries drive the economy in Westmere?

The largest employment sectors in Westmere are public administration (26%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.