New York · Census place 78575
Water Mill CDP, NY
Quick answer
Water Mill CDP has 2,218 residents, ranking #586 of 1292 places in New York. Median household income is $158,250, the median home is worth $2,000,001 and median gross rent runs $3,150 a month.
- Population
- 2,218Water Mill CDP residents
- Median household income
- $158,250Past 12 months, inflation adjusted
- Median home value
- $2,000,001Owner-occupied units
- Median gross rent
- $3,150Rent plus utilities, monthly
- Median age
- 56.2 yrsAll residents
- Homeownership rate
- 91.2%Owner-occupied households
What the numbers mean in Water Mill CDP
Housing cost measured against local earnings.
A household earning the Water Mill CDP median would spend about 23.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 12.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.4% of residents and 91.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New York.
- Granville village 2,270
- Eastport CDP 2,259
- Saugerties South CDP 2,253
- Brewster Hill CDP 2,211
- Tioga Terrace CDP 2,206
- Pulaski village 2,202
- Fort Montgomery CDP 2,198
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