Quick facts: Sinclairville, NY

Quick Facts

113.7
Cost of Living
above US average
570
Population
8.77
Crime Rate per 1000
below US average
$38,750
Median Income
below US average
$79,900
Median House Price
above US average
$2943
Average Rent
above US average
12%
Poverty Rate
above US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $38,750.

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Income Needed to Buy

βœ“ Affordable
$25k/year
Based on $79,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($38,750) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$126k/year
Based on $2943/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $126k vs median $38,750
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sinclairville, NY

Sinclairville is a charming village located in Chautauqua County, New York. Nestled in the western part of the state, it is part of the larger town of Charlotte. The village has a small-town atmosphere with a close-knit community, characterized by its scenic rural surroundings and historical charm. Sinclairville is home to a number of local businesses, parks, and recreational areas, making it a pleasant place for residents and visitors alike. The area is rich in outdoor activities, with numerous opportunities for hiking, fishing, and exploring nature. Additionally, Sinclairville hosts events and community gatherings that foster a sense of togetherness among its residents. Culturally, the village reflects the historical influences of rural New York, showcasing architecture and landmarks from the early 19th century. Its proximity to larger cities like Jamestown and Dunkirk provides residents with easy access to more extensive amenities and services. Overall, Sinclairville offers a tranquil lifestyle combined with the beauty of the New York countryside, making it an appealing destination for those seeking a peaceful environment.

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