Quick facts: Stone ridge, NY

Quick Facts

113.7
Cost of Living
above US average
1,900
Population
7.89
Crime Rate per 1000
below US average
$117,683
Median Income
above US average
$499,900
Median House Price
above US average
$3633.33
Average Rent
above US average
6%
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 $117,683.

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Income Needed to Buy

βœ— Stretch
$157k/year
Based on $499,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $157k vs median $117,683
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Income Needed to Rent

⚠ Stretch
$156k/year
Based on $3633.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $156k vs median $117,683
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Stone ridge, NY

Stone Ridge is a quaint hamlet located in Ulster County, New York, nestled in the scenic Hudson Valley region. Known for its charming rural atmosphere, Stone Ridge features a blend of historic architecture and natural beauty. The area is characterized by its lush landscapes, rolling hills, and proximity to the Ashokan Reservoir, making it a popular spot for outdoor enthusiasts who enjoy hiking, fishing, and kayaking. The hamlet has a rich history, with many buildings dating back to the 18th and 19th centuries, including the notable Stone Ridge Community Center. The local community is vibrant, hosting various events such as farmers markets and seasonal festivals that celebrate the area's culture and produce. Stone Ridge is conveniently located near larger towns like Kingston and New Paltz, offering easy access to a variety of dining, shopping, and entertainment options. The area’s strong sense of community, coupled with its picturesque setting and outdoor recreation opportunities, makes Stone Ridge a delightful destination for residents and visitors alike.

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