Water Mill, NY
2,764Residents
$186,875Median household income
$3,200/moMedian gross rent
$2,000,001Median home value
54.9Median age
73%Adults with a bachelor’s degree or higher
94%Homes lived in by their owners
10.7×Home value to household income
Median rent takes about 21% of the median household income in Water Mill.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $128,000 a year. In New York that leaves roughly $7,590 a month after tax. See the full paycheck breakdown for $130,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.