Quick facts: Hinsdale, NY

Quick Facts

113.7
Cost of Living
above US average
2,070
Population
Crime rate Data is updating, will be available soon
Media income Data is updating, will be available soon
$99,900
Median House Price
above US average
$2943
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $0.

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Income Needed to Buy

βœ— Stretch
$31k/year
Based on $99,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $31k vs median $0
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Income Needed to Rent

⚠ Stretch
$126k/year
Based on $2943/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $126k vs median $0
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hinsdale, NY

Hinsdale is a charming town located in Cattaraugus County, New York. Nestled in a picturesque setting, it boasts a rural atmosphere surrounded by scenic hills and lush landscapes. With a population of just around 600 residents, it offers a tight-knit community feel. The town is characterized by its quaint homes and peaceful environment, making it an ideal place for families and those seeking a slower pace of life. Hinsdale is rich in outdoor recreational opportunities, with local parks and nearby access to hiking trails and nature reserves. The town's history is reflected in its architecture and local landmarks, providing a glimpse into the past. Residents enjoy the benefits of small-town living while being a short drive from larger cities like Olean and Salamanca, which offer more extensive amenities and shopping options. Community events and gatherings foster a sense of belonging, while the surrounding natural beauty offers plenty to explore year-round. Hinsdale is a welcoming place, perfect for anyone looking to experience the tranquility of rural New York.

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