Watermill, NY Real Estate
According to census data in the year 2000 there were 1,492 housing units in Watermill.
This represents a 12.4% decline from 1,703 in 1990.
Of those housing units, 147 were located in either urbanized areas or urban clusters, and 1,345 were located in what is classified as a rural area.
Homeownership rate in Watermill is about 87.8%.
Watermill's vacancy rate, including seasonal lodging, is about 51.1%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Watermill were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 3.60% |
| Two Bedrooms | 6.40% |
| Three Bedrooms | 43% |
| Four Bedrooms | 26.30% |
| Five Bedrooms or more | 20.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $637,300 |
| Median Price asked for vacant units | $1,000,001 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $630 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 51.80% |
| Debt Free | 40.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
