Black River, NY13603

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
N/A
N/A
Median Household Income
$64,000
41.4% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
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Median Rent
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N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
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3-Bed Rent
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Other Zip Codes in Black River, NY

Property Listings — Black River, NY

Black River, NY lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
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Listings as % of HomesN/AN/A
Days on Market
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Demographics — Black River, NY

As of the latest ACS Survey released in 2023, Black River, NY has a population of 14,000, which has increased by 45.7% over the past 5 years. Black River, NY is a popular place for families, as children make up 34.5% of the population. The area has a moderately educated workforce, with 39.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
14,00045.7%
% Under 18
34.5%-9.0%
% Seniors
0.1%0.0%
% WFH
8.1%268.2%
% w/ College Degree
39.2%35.2%
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As of the latest ACS Survey released in 2023, Black River, NY is a predominantly white area, with 60.3% of the population identifying as white. The white population has grown by 17.5% in the last 5 years. The second most common race or ethnicity in Black River, NY is hispanic, making up 18.7% of the population. Foreign-born residents account for 8.8% of the population in Black River, NY, and this percentage has increased by 25.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
60.3%17.5%
% Black
11.3%-24.2%
% Hispanic
18.7%-25.8%
% Asian
4.1%78.3%
% Foreign Born
8.8%25.7%
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Mortgage and Risk — Black River, NY

According to HUD data as of 2023, there were 11 mortgage originations in Black River, NY, of which 27.0% of loans were conventional mortgages. The average loan-to-value was 98.0%, with 82.0% above 90% LTV (very high). This implies large mortgage risk in Black River, NY. Investor activity is low, as 0.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
11
% Conventional Loans
27.0%
% Government Loans
73.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Black River, NY

Black River, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
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Total Units Section 8
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% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$1,230
2 BedroomN/AN/A$1,610
3 BedroomN/AN/A$2,190
4 BedroomN/AN/A$2,680

Affordability — Black River, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$64,000

Black River, NY — ZIP Code Boundary Map

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Frequently Asked Questions