Cost of Living in Fort Edward, NY

Population 3,160 · New York · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fort Edward sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Geographically, Fort Edward is about 45 miles north of Albany, the nearest large metro. Median home values run roughly 43% lower than Albany's $223,000.

Cost Overview

Housing 42
Rent 72

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Fort Edward

The median home value in Fort Edward is $128,200 — 58% below the national median of $305,000. Median rent runs $951/month, 28% lower than the national median of $1,314/month. The median household income of $62,411/year is 16% lower than the US median of $74,580. The local unemployment rate is 3.2%, below the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 56.9°F and lows of 34.5°F. Overall, Fort Edward has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$128,200
58% below avg
Zillow Home Value
$267,651
Zillow ZHVI
Median Rent
$951/mo
28% below avg
Price-to-Rent Ratio
11.2x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 72.9%
Renter-occupied 27.1%

💰 Estimated Monthly Budget

Rent median rent
$951
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,565/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.6%

Commute Mode

Drove alone
82.4%
Carpooled
6.1%
Work from home
6.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$62,411
16% below avg
Per Capita Income
$32,678
Unemployment Rate
3.2%
34% below avg
Poverty Rate
7.1%
Labor Force Participation
73.3%

🎓 Education

Bachelor's degree+ 7.7%
Graduate degree 6.6%

👥 Demographics

Median Age 37.9
Male median age 34.8
Female median age 41.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
34.5°F
Annual Precip
38.2"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303343576977828072594735
Low °F 101121334453585648372818
Precip" 2.561.952.793.103.353.724.263.483.303.683.013.01

🏫 Schools

NCES CCD 2019 — public school district data

69%
4-Year Graduation Rate
11:1
Student-teacher ratio
1
Public schools
482
Total enrollment

Frequently Asked Questions

What is the cost of living in Fort Edward, NY?

Fort Edward has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Fort Edward, NY?

The median gross rent in Fort Edward is $951 per month based on 2023 Census data.

What is the average home price in Fort Edward?

The median home value in Fort Edward is $128,200 according to Zillow and Census data.

What is the median income in Fort Edward?

The median household income in Fort Edward is $62,411 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Edward, NY?

The combined state and local sales tax rate in Fort Edward is 8.5%. The New York state income tax top rate is 10.9%.

Is Fort Edward, NY affordable?

Yes, Fort Edward is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

What is the weather like in Fort Edward?

Fort Edward has average high temperatures of 56.9°F and average lows of 34.5°F. Annual precipitation is 38.2". Data from NOAA 1991–2020 Climate Normals.

Fort Edward at a Glance

Population
3,160
Median Income
$62,411
Home Value
$128,200
Median Rent
$951/mo
Unemployment
3.2%
Avg High Temp
56.9°F
Sales Tax
8.5%
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🗺️ County data for New York

Explore county-level cost of living data

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