Quick facts: Waddington, NY

Quick Facts

113.7
Cost of Living
above US average
2,214
Population
5.42
Crime Rate per 1000
below US average
$54,000
Median Income
below US average
$229,500
Median House Price
above US average
$2943
Average Rent
above US average
10%
Poverty Rate
below US average
3.0%
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 $54,000.

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Income Needed to Buy

βœ— Stretch
$72k/year
Based on $229,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $54,000
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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 $54,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Waddington, NY

Waddington is a charming town located in St. Lawrence County, New York, nestled along the banks of the St. Lawrence River. This small community is known for its picturesque landscapes and outdoor recreational opportunities. With a population of around 1,000 residents, Waddington offers a peaceful, rural lifestyle. The town is famous for its stunning river views, making it a popular spot for fishing, boating, and other water activities. The area also hosts various parks and nature trails, perfect for hiking and enjoying the natural beauty of the Adirondack region. Waddington's close-knit community often holds local events and festivals, reflecting its agricultural roots and strong sense of togetherness. The town is part of a larger region rich in history and culture, with nearby attractions such as historical sites and museums that tell the story of the area’s development. Overall, Waddington is an ideal location for those seeking a serene environment with easy access to outdoor adventures and a friendly atmosphere.

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