Quick facts: Barker, NY

Quick Facts

113.7
Cost of Living
above US average
2,614
Population
7.65
Crime Rate per 1000
below US average
$62,000
Median Income
below US average
$275,000
Median House Price
above US average
$2943
Average Rent
above US average
10%
Poverty Rate
below US average
4.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $62,000.

🏠

Income Needed to Buy

βœ— Stretch
$86k/year
Based on $275,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $86k vs median $62,000
🏒

Income Needed to Rent

⚠ Stretch
$126k/year
Based on $2943/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $126k vs median $62,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Barker, NY

Barker is a small village located in Niagara County, New York. Nestled in the western part of the state, Barker offers a quaint, rural atmosphere with a close-knit community. The village is characterized by its charming residential areas, local businesses, and scenic landscapes. Barker is surrounded by picturesque farmland and is near the banks of the historic Erie Canal, making it a location rich in outdoor recreational opportunities. The village is served by the Barker Central School District, which provides educational services to local students and fosters community involvement. The area is known for its strong community spirit, with various local events and activities throughout the year that bring residents together. With its proximity to larger cities like Niagara Falls and Buffalo, Barker offers a peaceful lifestyle while still being accessible to urban amenities. The landscape is perfect for outdoor enthusiasts, with opportunities for hiking, fishing, and exploring the natural beauty of the Finger Lakes region. Overall, Barker is a hidden gem for those seeking rural charm with convenient access to bigger city attractions.

πŸ” Search & Compare Places

First Location πŸ“