Lake Mohegan, NY

Full City Profile · New York · Putnam County County

4.9 /5.0
A+ Excellent
5,566 Population 1,926/sq mi density
$160,741 Median Income $72,350 per capita
$483,700 Home Value $609,373 Zillow
$2,685 Median Rent 32.2% income on rent
50°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
4.7 / 5.0
$160,741 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$483,700 home value, $2,685/mo rent
A+
Education
5.0 / 5.0
58.4% bachelor's degree or higher

Lake Mohegan, NY

At a Glance

Median Income
$160,741
114% above
$72,350 per capita
Home Value
$483,700
72% above
Zillow: $609,373
Median Rent
$2,685/mo
131% above
32.2% of income on rent
Bachelor's Degree+
58.4%
73% above
94.8% high school+
Unemployment
3.8%
6% above
5.8% poverty rate
Obesity Rate
23.6%
26% below
7.9% smoking rate
Avg Temperature
50°F

How Lake Mohegan Compares to the U.S. Average

Each bar shows Lake Mohegan's value as a percentage of the national average (100% = U.S. avg)

Income
214%
Home Value
172%
Rent
231%
Poverty
47%
Bachelor's
173%
Unemployment
106%
Thin vertical line = U.S. national average (100%)

Is Lake Mohegan a Good Place to Live?

A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Mohegan residents earn a median household income of $160,741 , which is 114% above the national average of $75,149. Per capita income is $72,350. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). 5.8% of residents live below the poverty line. The area is home to 3,328 business establishments, including 222 restaurants.

Housing & Cost of Living

The median home value in Lake Mohegan is $483,700 , 72% above the national median of $281,900. Zillow estimates the typical home at $609,373. Median rent is $2,685/month, with 32.2% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1974.

Education

58.4% of adults in Lake Mohegan hold a bachelor's degree or higher (73% above the national average). 94.8% have completed high school. Local schools score 6.4/10 in standardized testing.

Climate & Weather

Lake Mohegan has an average annual temperature of 50°F (10°C). Winters average 27°F in January while summers reach 72°F in July. Annual precipitation totals 50.5 inches. Air quality is rated Good with a median AQI of 33.

Data Overview

People

Population5,566
Median Age41.8 yrs
Density1,926/mi²
Male / Female48% / 52%
Foreign Born13.1%
Veterans4.4%

Economy

A+
Median Income$160,741
Per Capita$72,350
Unemployment3.8%
Poverty5.8%
County GDP$5,494M
Avg Weekly Wage$1,299

Housing

A+
Home Value$483,700
Rent$2,685
Ownership77.7%
Zillow$609,373
Housing Units2,182
Rent Burden32.2%

Health

Obesity23.6%
Diabetes7.2%
Smoking7.9%
Heart Disease4.0%
Premature Death4,624/100K

Climate

Avg Temp50°F
Rain50.5 in/yr
AQI33 (Good)
Elevation501 ft

Education

A+
Bachelor's+58.4%
High School+94.8%
Graduate+27.4%
School Score6.4/10

Community

2024 VoteR 57% / D 43%
Commute38 min
Broadband97.2%
Internet Speed185 Mbps
EV Stations3
Libraries8

Did You Know?

The median home in Lake Mohegan was built in 1974.
The nearest airport is New York Stewart International (18 miles).
The Gini coefficient (income inequality) is 0.417 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
8.9% of the population has a disability.
13.1% of residents are foreign-born.
Average internet download speed is 185 Mbps.
There are 222 restaurants in the area.
The county recorded 11 fatal vehicle crashes.