Quick facts: Ellenville, NY

Quick Facts

113.7
Cost of Living
above US average
4,200
Population
35.71
Crime Rate per 1000
above US average
$77,125
Median Income
below US average
$295,000
Median House Price
above US average
$1684.09
Average Rent
above US average
9%
Poverty Rate
below US average
3.5%
Unemployment Rate
below 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 $77,125.

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Income Needed to Buy

βœ— Stretch
$93k/year
Based on $295,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $93k vs median $77,125
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Income Needed to Rent

βœ“ Affordable
$72k/year
Based on $1684.09/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($77,125) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ellenville, NY

Ellenville is a charming village located in Ulster County, New York, nestled within the picturesque landscapes of the Hudson Valley. Known for its rich history and vibrant culture, Ellenville is surrounded by the beautiful Shawangunk Mountains, making it a popular destination for outdoor enthusiasts. The village is located approximately 90 miles northwest of New York City, offering a serene escape from urban life. Ellenville has a diverse array of outdoor activities, including hiking, rock climbing, and fishing, particularly in nearby Minnewaska State Park. The village is also home to several annual events and festivals that celebrate its heritage, such as the Ellenville Winter Blues Festival. The local economy is supported by a blend of tourism, small businesses, and agriculture. The area boasts a variety of historical sites, including old churches and buildings that reflect its storied past. With a small-town feel, friendly community, and access to nature, Ellenville offers a unique blend of rural charm and recreational opportunities, making it an appealing place to visit or live.

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