Housing costs in Pound Ridge?
A typical home costs
$1,071,600, which is 216.9% more expensive than the national average of
$338,100 and 159.1% more expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Pound Ridge costs
$2,950 per month, which is 106.3% more than the national average of
$1,430 and 33.6% more than the state average of
$1,960.
Can I afford Pound Ridge?
To live comfortably in Pound Ridge, New York, a minimum annual income of
$205,200 for a family, and
$97,200 for a single person is recommended.
What does A.I. say about Pound Ridge?
Living in Pound Ridge, NY is not cheap. The average home value according to Zillow sits at $1,214,350 and the median sale price for homes is $975,000. This means that purchasing a home in Pound Ridge is significantly more expensive than the national average. Additionally, the cost of living index for Pound Ridge is rated at 153.9 which is also significantly higher than the national average of 100. This means that a typical family will have to pay more for goods and services in Pound Ridge than they would elsewhere in the country. All of these factors make it difficult to afford living in this beautiful town but for those who can it makes an excellent place to call home.