Quick facts: Central islip, NY

Quick Facts

113.7
Cost of Living
above US average
36,519
Population
18.4
Crime Rate per 1000
below US average
$100,459
Median Income
above US average
$549,999
Median House Price
above US average
$3133.61
Average Rent
above US average
9%
Poverty Rate
below US average
5.0%
Unemployment Rate
above 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 $100,459.

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Income Needed to Buy

βœ— Stretch
$173k/year
Based on $549,999 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $173k vs median $100,459
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Income Needed to Rent

⚠ Stretch
$134k/year
Based on $3133.61/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $134k vs median $100,459
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Central islip, NY

Central Islip is a hamlet located in Suffolk County, New York, situated on Long Island. It falls within the Town of Islip and has a rich history that dates back to the 17th century when it was primarily agricultural. The area is known for its suburban feel, diverse community, and convenient access to transportation, including nearby Long Island Rail Road stations which provide easy commutes to New York City. The town has several parks and recreational areas, such as the Central Islip Recreation Center, which offers sports fields, a playground, and walking trails. The Central Islip Public Library serves as a community hub, providing resources, programs, and activities for residents. The local economy is supported by various retail businesses and healthcare facilities, with the Central Islip Psychiatric Center being a notable institution in the area. Education is served by the Central Islip School District, which focuses on providing quality education to its students. With a population of around 40,000, Central Islip illustrates the blend of urban and suburban life, offering residents a range of amenities while retaining a close-knit community atmosphere.

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