Quick facts: Wyoming, NY

Quick Facts

113.7
Cost of Living
above US average
39,666
Population
0.88
Crime Rate per 1000
below US average
$65,066
Median Income
below US average
$799,900
Median House Price
above US average
$2943
Average Rent
above US average
8%
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 $65,066.

🏠

Income Needed to Buy

βœ— Stretch
$251k/year
Based on $799,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $251k vs median $65,066
🏒

Income Needed to Rent

⚠ Stretch
$126k/year
Based on $2943/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $126k vs median $65,066
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wyoming, NY

Wyoming is a small town located in Wyoming County, New York. Situated in the western part of the state, it is known for its rural charm and scenic landscapes. The area features a mix of farmland, rolling hills, and natural beauty, making it a peaceful place to live or visit. The town has a rich history, with its establishment dating back to the early 19th century, and it retains a quaint, small-town feel. Wyoming is part of the Buffalo-Niagara Falls Metropolitan Statistical Area, which means residents have access to the amenities of larger cities while enjoying a quieter, more laid-back lifestyle. Recreation in Wyoming typically revolves around outdoor activities, including hiking, fishing, and exploring nearby parks. The local community is close-knit, with events and gatherings fostering a sense of belonging among residents. Overall, Wyoming, NY, presents a tranquil atmosphere enriched by its historical roots and scenic beauty.

πŸ” Search & Compare Places

First Location πŸ“