Cranberry Lake, NY

Full City Profile · New York · Franklin County County

4.5 /5.0
A+ Excellent
193 Population 10/sq mi density
$81,250 Median Income $50,024 per capita
$265,000 Home Value $272,355 Zillow
43°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.6 / 5.0
$81,250 median income, 0.0% unemployment
A+
Affordability
4.9 / 5.0
$265,000 home value, /mo rent
A
Education
4.1 / 5.0
38.7% bachelor's degree or higher

Housing Overview

Median Home Value
$265,000
6% below
US avg: $281,900
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
307
Median year built: 1967

Home Value by Source

Census Median
$265,000
Zillow (ZHVI)
$272,355
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.7%
Owner-Occupied
9.3%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
90.7%

Complete Housing Data

Home Values

Census Median Value$265,000
Zillow Home Value (ZHVI)$272,355

Rent

FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied90.7%
Renter-Occupied9.3%
Homeownership Rate90.7%
Total Housing Units307
Median Year Built1967
Rent Burden27.7%