Mohegan Lake, NY
38.58% of residents in this area fit the following profile:
Demographic
- Median age is 31.9 years.
- More than 35 percent of the population have moved in the past 5 years, double the national average.
Socioeconomic
- Median household income is about $51,000.
- Median household income is a result of two salaries.
- More than 70 percent of the households have 2 or more workers.
- Two-thirds have attended college or completed a degree.
Residential
- 78 percent own homes in new housing developments (75 percent built since 1980).
27.38% of residents in this area fit the following profile:
Demographic
- Median age is 35.6 years.
- Many households include school age or adult children.
Socioeconomic
- Represents 4.1 percent of U.S. households.
- Median household income is $40,500.
- Almost a third of the households earn $50,000 or more.
- Income reflects the earnings of working couples aged 45-64 years.
- Emphasize investments over savings.
- Almost 20 percent of the households are drawing retirement income.
Residential
- Comprised of older, owner occupied single-family homes.
16.67% of residents in this area fit the following profile:
Demographic
- Median age is 38.8 years.
- Householders are between the ages of 45 and 64.
Socioeconomic
- Median household income is about $60,000 and more than 35 percent of the households earn $75,000 or more.
- Most households receive income from dividends, interest or rental properties; almost 20 percent have begun to receive retirement income or pensions.
- Unemployment is 50 percent lower than the national average.
- Over 40 percent of the adults have a college degree and/or a professional or managerial position.
Residential
- Comprised of owner-occupied, single-family homes, which were built between 1950 and 1969.
- Average home value is approximately twice the national average.
- Almost half of the homes are valued over $250,000 (5 times the national average).
- About 30 percent of the work force commutes across county or state lines.
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