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High Falls CDP, NY

ZIP 12440 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 12440

Median Home Value
$389,000
Median Rent
$1,010
Affordability Snapshot
$107,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,499/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 12440 in High Falls CDP, NY, a household would need roughly $107,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,499. That is roughly in line with the local median household income ($102,958). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
83.7%+28% vs US avg
x
Vacancy Rate
22.0%+113% vs US avg
x
Broadband Access
97.6%+12% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
8.3%-35% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
45.5%-9% vs US avg
x
Mortgage-Free
46.0%+20% vs US avg
x
$389,000
Home Value
$1,010
Rent
1958
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached80.7%
  • 1-unit attached1.0%
  • 2-9 units15.5%
  • 10+ units0.0%
  • Mobile home & other2.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$389,000
Median rent$1,010
Owner-occupied83.7%
Vacant22.0%
Price-to-income3.8x
Est. income to buy$107,000