Water Mill, NY

New York · Metropolitan Area

Water Mill is a small town in New York with a population of 2,218. Residents earn $158,250 per year, which is 111% above the national average.

3.5 /5.0
B+ Good
2,218 Population 210/sq mi density
$158,250 Median Income $134,354 per capita
$2,000,001 Home Value $4,600,764 Zillow
$3,150 Median Rent
51°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$158,250 median income, 4.4% unemployment
F
Affordability
1.0 / 5.0
$2,000,001 home value, $3,150/mo rent
A+
Education
5.0 / 5.0
77.6% bachelor's degree or higher
Median Income $158,250
111% higher than US avg
Home Value $2,000,001
609% higher than US avg
Bachelor's+ 77.6%
130% higher than US avg
Median Rent $3,150
171% higher than US avg
Obesity Rate 26.8%
17% lower than US avg
Unemployment 4.4%
22% higher than US avg
Poverty Rate 1.9%
85% lower than US avg

How Water Mill Compares to the U.S. Average (100% = U.S. avg)

People

Population2,218
Median Age56.2 yrs
Density210/mi²
Male / Female47% / 53%
Largest GroupWhite 88%

Economy

A+
Median Income$158,250
Per Capita$134,354
Unemployment4.4%
Poverty1.9%
County GDP$139,014M
Commute23 min

Housing

F
Home Value$2,000,001
Rent$3,150
OwnershipN/A
Zillow$4,600,764

Crime

ViolentN/A
PropertyN/A

Health

Obesity26.8%
UninsuredN/A
Depression17.3%
Heart Disease4.1%

Climate

Avg Temp51°F
AQI36 (Good)
Rain49.8 in/yr
Elevation21 ft

Education

A+
Bachelor's+77.6%
High School+97.6%
School Score5.39

Community

2024 VoteR 55% / D 45%
Commute23 min
EV Stations2
Libraries65

Is Water Mill a Good Place to Live?

Based on current data, Water Mill receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, a highly educated population, a low poverty rate, high health insurance coverage. Areas to be aware of include high housing costs. Water Mill offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Water Mill is $158,250, which is significantly higher than the national average — 111% above $75,149. This places Water Mill among higher-income communities. Unemployment stands at 4.4%, indicating a healthy job market. Only 1.9% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 23 minutes.

Cost of Living & Housing

The median home value in Water Mill is $2,000,001, making it a premium housing market at 609% above the U.S. median of $281,900. Renters pay a median of $3,150 per month, significantly above the national average of $1,163. With a home price-to-income ratio of 12.6x, housing affordability is a significant challenge for many families.

Education

Water Mill is a highly educated community — 77.6% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 97.6% have completed high school. Area schools have an average test score of 5.4/10.

Climate & Weather

Water Mill experiences four distinct seasons with an average temperature of 51°F. Winters average 31°F in January while summers reach 72°F in July. Annual precipitation totals 49.8 inches, including 26.8 inches of snow. Air quality is rated Good with a median AQI of 36.

Water Mill has a population of 2,218 with a density of 210 people per square mile. The median age is 56.2 years, 44% older than the national median of 38.9. The city is predominantly White (88.2%).

Population

2,218
Total Population
210
People / sq mi
56.2yrs
Median Age
44% above US avg
10.6mi²
Land Area

Gender Distribution

Male 46.8%
Female 53.2%

Race & Ethnicity

Water Mill vs U.S. Average

Language Spoken at Home

English Only86.6%
10% above US avg
Spanish13.4%
0% below US avg

Social Characteristics

Water Mill vs U.S. Average

The median household income in Water Mill is $158,250, which is 111% above the national average of $75,149. The unemployment rate is 4.4% (above the 3.6% US average). 1.9% of residents live below the poverty line. Workers commute an average of 23 minutes.

Income: Water Mill vs U.S.

Commute Mode

Income

Median HH Income$158,250
111% above US avg
Per Capita Income$134,354
Avg Weekly Wage$1,522
IRS Avg AGI$113,245

Employment & Poverty

Unemployment4.4%
22% above US avg
Poverty Rate1.9%
85% below US avg
Establishments (County)56,343
County GDP$139,014M

Business (County)

Restaurants4,024
Healthcare5,146
Retail6,106
Manufacturing1,670

Tax & Cost of Living

Property Tax (IRS)$12,682
262% above US avg
Effective Tax Rate0.63%

Commute & Transportation

Commute Time23.3 min
Work from Home43.9%

Walkability

The median home value in Water Mill is $2,000,001, 609% above the national average. Monthly rent averages $3,150 (171% above US avg). Zillow estimates the typical home value at $4,600,764.

Home Value Sources

Ownership Split

Home Values

Census Median$2,000,001
609% above US avg
Zillow ZHVI$4,600,764
Median List Price$5,990,000

Real Estate Market (Redfin)

Median List Price$5,990,000
$/Sq Ft$845
Homes Sold1
Sale-to-List Ratio93.3%
Price Drops5.0%
Inventory20

Rental Costs

Census Median Rent$3,150
171% above US avg
Zillow Rent (ZORI)$117,500

HUD Fair Market Rent

Studio$1,215
1 Bedroom$1,315
2 Bedrooms$1,579
3 Bedrooms$1,976
4 Bedrooms$2,193

Ownership & Property

Owner-Occupied91.2%

Property Tax

Avg Tax (IRS)$12,682
262% above US avg
Effective Rate0.63%
In Water Mill, 26.8% of adults are obese (below the 32.1% national rate). 17.3% report depression. 17.3% are physically inactive.

Health Metrics: Water Mill vs U.S. Average (%)

Chronic Conditions

Obesity26.8%
17% below US avg
Diabetes6.7%
Heart Disease4.1%
High Blood Pressure25.4%
Asthma10.0%
COPD3.7%
Stroke2.1%

Behaviors & Mental Health

Binge Drinking19.3%
Physical Inactivity17.3%
Depression17.3%
Mental Distress13.9%
Physical Distress9.2%

Healthcare Access

Insurance Rate96.3%
Checkup Rate80.2%
Premature Death6,453/100K

Food & Exercise

Food Environment9.3/10
Exercise Access95.5%
Healthcare Facilities5,146

Crime Rates: Water Mill vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)154

Safety Score

Water Mill has an average annual temperature of 51°F (10°C). Winters average 31°F in January while summers reach 72°F in July. Annual precipitation is 49.8 inches. Air quality is rated Good with a median AQI of 36.

Temperature

31°F Jan (-1°C) 72°F Jul (22°C)
Annual Average50.8°F
6% below US avg
January Average31°F (-1°C)
July Average72°F (22°C)

Precipitation & Snow

Annual Rainfall49.8 inches
31% above US avg
Snowfall26.8 inches/yr

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation21 ft (6 m)
Area10.6 sq mi (27.4 km²)
Population Density210/sq mi
Coordinates40.9224°N, 72.3507°W
County FIPS36103
It is classified as Metro — 1 million+. 77.6% of residents hold a bachelor's degree or higher (130% above US avg). In the 2024 election, the county voted Republican by a 10-point margin.

2024 Presidential Election (County)

R 55%
D 45%

Winner: Republican by 10 points

Education

Bachelor's Degree+77.6%
130% above US avg
High School+97.6%
School Test Score5.39
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density210/sq mi
Total Area10.6 sq mi

Infrastructure & Services

EV Charging Stations2
Alt Fuel Stations3
Public Libraries65
Healthcare Facilities5,146
Restaurants4,024
Retail Stores6,106

Safety & Disasters

Fatal Crashes (County/yr)154

Commute & Transportation

Avg Commute23.3 min
Work from Home43.9%

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