Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.2 yrs |
|---|---|
| Avg HH Size | 2.13 |
| Below Poverty | 4.1% ▼ 60% below avg |
| College Grads | 79.9% ▲ 106% above avg |
| Unemployment | 6.3% ▲ 28% above avg |
| HS Graduate | 283 (14.8%) |
| Some College | 67 (3.5%) |
| Associates | 35 (1.8%) |
| Bachelors | 34 (1.8%) |
| Graduate Degree | 1,498 (78.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $158,000 ▲ 107% above avg |
|---|---|
| Median Home Value | $2,000,000+ ▲ 617% above avg |
| Home/Income Ratio | 12.7x (nat avg ~3.5x) |
| Median Rent | $3,200/mo |
| Total Housing Units | 2,550 |
| Vacant Units | 1,410 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Water Mill is a city in New York, located in Suffolk County. The city spans 1 ZIP code and is home to approximately 2,447 residents. It is a mature city, with a median age of 53.2 years.
Economically, Water Mill is a affluent community. The median household income of $158,000 is more than double the national average. Approximately 4.1% of residents live below the poverty line. The unemployment rate is 6.3%, above the national average.
The real estate market in Water Mill is among the most expensive housing markets in the country. Median home values stand at $2,000,000+, which is more than double the national average. Renters typically pay around $3,200 per month. Homeownership is high at 90.9%, typical of suburban and family-oriented communities.
The population of Water Mill is highly educated. 79.9% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (87.25%).
Water Mill, NY offers residents above-average earning potential within New York.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 11976 | 2,447 | $158,000 | $2,000,000+ | $3,200 | 6.3% | 79.9% | 90.9% |