Quick facts: Sodus, NY

Quick Facts

113.7
Cost of Living
above US average
8,037
Population
3.11
Crime Rate per 1000
below US average
$62,000
Median Income
below US average
$189,900
Median House Price
above US average
$1445.0
Average Rent
above US average
11%
Poverty Rate
above US average
4.5%
Unemployment Rate
above 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 $62,000.

🏠

Income Needed to Buy

βœ“ Affordable
$60k/year
Based on $189,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($62,000) exceeds requirement
🏒

Income Needed to Rent

βœ“ Affordable
$62k/year
Based on $1445.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($62,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sodus, NY

Sodus, located in Wayne County, New York, is a charming town situated on the southern shore of Lake Ontario. Renowned for its picturesque landscapes and small-town charm, Sodus is surrounded by fertile farmland and offers a friendly community atmosphere. Notably, Sodus Bay serves as a popular spot for boating, fishing, and waterfront activities. The town is rich in history, with several historical landmarks and sites reflecting its heritage, including the Sodus Point Lighthouse, which stands as a testament to the town's maritime past. Sodus also boasts beautiful parks and outdoor recreational areas where residents and visitors can enjoy hiking, picnicking, and seasonal festivities. The local economy is primarily driven by agriculture, tourism, and small businesses, contributing to the community's sustainable growth. Sodus enjoys access to charming villages and nearby attractions, making it an ideal destination for those seeking a quaint retreat from urban life. Overall, Sodus, NY, embodies the essence of small-town Americana with its natural beauty and community spirit.

πŸ” Search & Compare Places

First Location πŸ“