Quick facts: Pond eddy, NY

Quick Facts

113.7
Cost of Living
above US average
389
Population
12.85
Crime Rate per 1000
below US average
$55,000
Median Income
below US average
$299,000
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 $55,000.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $299,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $55,000
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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 $55,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pond eddy, NY

Pond Eddy is a small, unincorporated community located in Sullivan County, New York, nestled in the scenic landscapes of the Catskill Mountains. With a rich history dating back to the 19th century, this tranquil locale is characterized by its picturesque views and close-knit community. Situated near the Delaware River, Pond Eddy offers opportunities for outdoor activities such as fishing, hiking, and kayaking, making it a charming retreat for nature enthusiasts. The area is largely rural, featuring a mix of residential homes and natural beauty, providing a serene environment away from the hustle and bustle of city life. While it may not have extensive commercial amenities, the surrounding region boasts local shops, restaurants, and recreational facilities. Nearby, residents and visitors can explore the rich wildlife, lush forests, and engage in various seasonal activities. The community embodies a peaceful lifestyle, making it an ideal spot for those seeking solitude and connection with nature.

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