Quick facts: Deer park, NY

Quick Facts

113.7
Cost of Living
above US average
27,304
Population
1.32
Crime Rate per 1000
below US average
$125,753
Median Income
above US average
$660,000
Median House Price
above US average
$2769.74
Average Rent
above US average
5%
Poverty Rate
below US average
4.1%
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 $125,753.

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Income Needed to Buy

βœ— Stretch
$207k/year
Based on $660,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $207k vs median $125,753
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Income Needed to Rent

βœ“ Affordable
$119k/year
Based on $2769.74/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($125,753) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Deer park, NY

Deer Park is a vibrant suburban community located in Suffolk County, New York, on Long Island. Known for its family-friendly atmosphere, Deer Park offers a mix of residential homes, retail establishments, and recreational spaces. The town features several parks, including the popular Deer Park Community Center, which provides various activities and programs for residents of all ages. With a population of around 27,000, Deer Park is well-connected via major roadways, including the Long Island Expressway, making it easily accessible to nearby urban areas like Babylon and Huntington. The town is served by the Deer Park School District, which is known for its commitment to providing quality education. Shopping enthusiasts can explore the Deer Park Tanger Outlets, which hosts a variety of stores and dining options. Additionally, the township’s location on Long Island allows residents and visitors to enjoy the beautiful beaches and recreational activities found within driving distance. Overall, Deer Park combines small-town charm with the conveniences of suburban living, making it an appealing place to call home.

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