Quick facts: White plains, NY

Quick Facts

125.0
Cost of Living
above US average
59,316
Population
13.91
Crime Rate per 1000
below US average
$109,551
Median Income
above US average
$500,000
Median House Price
above US average
$2699.0
Average Rent
above US average
6%
Poverty Rate
below US average
3.2%
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 $109,551.

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Income Needed to Buy

βœ— Stretch
$157k/year
Based on $500,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $157k vs median $109,551
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Income Needed to Rent

⚠ Stretch
$116k/year
Based on $2699.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $116k vs median $109,551
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for White plains, NY

White Plains is a vibrant city located in Westchester County, New York, just 33 miles north of Manhattan. Known for its rich history and cultural diversity, White Plains serves as a commercial hub for the region. The city has a thriving downtown area filled with shopping, dining, and entertainment options, featuring the White Plains Galleria and numerous boutiques. The city boasts numerous parks and recreational facilities, such as the popular White Plains Parks and Recreation Department, which offers sports, playgrounds, and community events. The beautiful matthiessen park and the expansive Silver Lake Park provide opportunities for outdoor activities and relaxation. Rich in history, White Plains was a significant site during the American Revolution, and this heritage is preserved in landmarks like the White Plains Armory and the historic Courts Building. With a robust public transportation system, including Metro-North Railroad service, White Plains offers easy access to New York City. This blend of urban convenience, community spirit, and historical significance makes White Plains a desirable place to live, work, and visit.

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