Water Mill, NY Profile: Facts & Data

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Water Mill, New York - Basic Facts

The Water Mill Census Designated Place had a population of 1,764 as of July 1, 2019. Water Mill ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for Water Mill is located at latitude 40.9059 and longitude -72.362 in Suffolk County. The formal boundaries for the Water Mill Census Designated Place encompass a land area of 10.54 sq. miles and a water area of 1.48 sq. miles. Suffolk County is in the Eastern time zone (GMT -5). The elevation is 33 feet.

The Water Mill Census Designated Place (GNIS ID: 2390459) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Water Mill Census Designated Place is located within Town of Southampton, a minor civil division (MCD) of Suffolk County.

Alternate Unofficial Names for Water Mill: Mill Neck, Water Mills.

Jump to... (On This Page!)
  1. Water Mill 2019 Demographic Data
  2. Growth Rates for Water Mill (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New York Research Tools (Easy Tools & Current Data)
  3. New York Data Comparison Tool - 2019 Demographics

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Water Mill, NY Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Water Mill, NY Housing Affordability Index is 39
State of New York Housing Affordability Index is 85
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Water Mill, NY Wealth Index is 353
State of New York Wealth Index is 109
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the New York COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 1,764 (100%)
Population in Households 1,757 (99.6%)
Population in Families 1,376 (78.0%)
Population in Group Quarters1 7 ( 0.4%)
Population Density 167
Diversity Index2 34
 

INCOME

Median Household Income $142,693
Average Household Income $198,450
Per Capita Income $82,476
Wealth Index4 353

HOUSING

Total Housing Units 2,324 (100%)
Owner Occupied HU 641 (27.6%)
Renter Occupied HU 93 ( 4.0%)
Vacant Housing Units 1,590 (68.4%)
Median Home Value $2,000,001
Housing Affordability Index3 39
 

HOUSEHOLDS

Total Households 734
Average Household Size 2.39
Family Households 476
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.34% 0.47%
Households 1.29% 0.41%
Families 1.05% 0.29%
Median Household Income   1.53%
Per Capita Income   1.39%

Water Mill, NY - Peer Comparisons by Rank and Percentile

The table below compares Water Mill to the other 1,195 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 657 45th
Population Density # 1151 4th
Diversity Index # 442 63rd
Median Household Income # 98 92nd
Per Capita Income # 57 95th

Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.

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