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.
Alternate Unofficial Names for Water Mill: Mill Neck, Water Mills.
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.|
|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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|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%)|
|Median Household Income||$142,693|
|Average Household Income||$198,450|
|Per Capita Income||$82,476|
|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|
|Average Household Size||2.39|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.53%|
|Per Capita Income||1.39%|
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.
|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.