At a Glance
Median Income
$158,250
$134,354 per capita
Home Value
$2,000,001
Zillow: $4,828,550
Median Rent
$3,150/mo
41.4% of income on rent
Bachelor's Degree+
77.6%
97.6% high school+
Unemployment
7.1%
1.9% poverty rate
Obesity Rate
26.8%
7.2% smoking rate
How Water Mill Compares to the U.S. Average
Each bar shows Water Mill's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Water Mill a Good Place to Live?
B
3.4 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Water Mill residents earn a median household income of $158,250 , which is 111% above the national average of $75,149.
Per capita income is $134,354. The unemployment rate stands at 7.1% (97% above the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 56,343 business establishments, including 4,024 restaurants.
Housing & Cost of Living
The median home value in Water Mill is $2,000,001 , 609% above the national median of $281,900.
Zillow estimates the typical home at $4,828,550. Median rent is $3,150/month, with 41.4% 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 1992.
Education
77.6% of adults in Water Mill hold a bachelor's degree or higher
(130% above the national average).
97.6% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
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 totals 49.8 inches. Air quality is rated Good with a median AQI of 38.
Data Overview
People
Population2,218
Median Age56.2 yrs
Density210/mi²
Male / Female47% / 53%
Foreign Born10.6%
Veterans2.9%
Economy
A
Median Income$158,250
Per Capita$134,354
Unemployment7.1%
Poverty1.9%
County GDP$139,014M
Avg Weekly Wage$1,522
Housing
F
Home Value$2,000,001
Rent$3,150
Ownership91.2%
Zillow$4,828,550
Housing Units2,330
Rent Burden41.4%
Health
Obesity26.8%
Diabetes6.7%
Smoking7.2%
Heart Disease4.1%
Premature Death6,453/100K
Climate
Avg Temp51°F
Rain49.8 in/yr
AQI38 (Good)
Elevation21 ft
Education
A+
Bachelor's+77.6%
High School+97.6%
Graduate+36.0%
School Score6.1/10
Community
2024 VoteR 55% / D 45%
Commute23 min
Broadband84.5%
Internet Speed129 Mbps
EV Stations2
Libraries65
Did You Know?
The median home in Water Mill was built in 1992.
43.9% work from home.
The nearest airport is Bradley International (72 miles).
The Gini coefficient (income inequality) is 0.443 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
11.7% of the population has a disability.
10.6% of residents are foreign-born.
Average internet download speed is 129 Mbps.
There are 4,024 restaurants in the area.
The county recorded 154 fatal vehicle crashes.