Quick facts: Mount marion, NY

Quick Facts

113.7
Cost of Living
above US average
486
Population
10.29
Crime Rate per 1000
below US average
$60,000
Median Income
below US average
$279,000
Median House Price
above US average
$2943
Average Rent
above US average
10%
Poverty Rate
below US average
4.0%
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 $60,000.

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Income Needed to Buy

βœ— Stretch
$88k/year
Based on $279,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $88k vs median $60,000
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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 $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mount marion, NY

Mount Marion is a quaint hamlet located in Ulster County, New York, nestled within the Town of Saugerties. It boasts a small-town atmosphere characterized by charming residential areas, picturesque landscapes, and a tight-knit community feel. The region is surrounded by natural beauty, including access to the scenic landscape of the Catskill Mountains and the Hudson River, attracting outdoor enthusiasts for activities such as hiking, fishing, and nature walks. The locality is predominantly residential, providing a serene environment for families and individuals seeking a peaceful retreat. Mount Marion is conveniently close to the bustling village of Saugerties, which offers a variety of amenities, including shops, dining options, and cultural attractions. Additionally, the area has a rich historical background, with various historical sites and landmarks nearby. The proximity to larger urban centers like Kingston enhances accessibility to more extensive services, entertainment, and economic opportunities. Overall, Mount Marion is ideal for those who appreciate a balance of rural tranquility with easy access to urban conveniences.

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