Quick facts: Keuka park, NY

Quick Facts

113.7
Cost of Living
above US average
1,092
Population
10.99
Crime Rate per 1000
below US average
$79,569
Median Income
below US average
$419,000
Median House Price
above US average
$2943
Average Rent
above US average
12%
Poverty Rate
above 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 $79,569.

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Income Needed to Buy

βœ— Stretch
$131k/year
Based on $419,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $131k vs median $79,569
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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 $79,569
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Keuka park, NY

Keuka Park is a quaint community located in Yates County, New York, situated along the eastern shore of Keuka Lake, one of the Finger Lakes. This picturesque area is known for its stunning lake views, vineyards, and outdoor recreational opportunities. The community is primarily residential and is home to Keuka College, which adds a vibrant educational element to the area. Keuka Park is surrounded by natural beauty, making it a popular destination for those who enjoy hiking, boating, and fishing. The nearby Keuka Lake State Park offers opportunities for picnicking, swimming, and camping across its scenic landscapes. The region is also famous for its wine production, with numerous wineries and vineyards that attract visitors year-round. With its serene atmosphere and close-knit community feel, Keuka Park is a wonderful place for both residents and visitors looking to enjoy the tranquility of the Finger Lakes region. Whether exploring its natural wonders or partaking in local festivals and events, Keuka Park provides a charming experience steeped in nature and community spirit.

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