Everything You Should Know Before Moving to Banksville, NY
Considering a move to Banksville, NY? This quiet hamlet of 3,700 offers upscale living with a median home price around $950,000 and average rents near $3,200. Residents enjoy low crime rates, excellent schools with high educational attainment, and a strong median household income of $168,000. With a relaxed suburban feel, 56% sunny days, and short commutes to nearby Westchester and Greenwich, Banksville is ideal for families seeking safety, top-tier education, and a premium lifestyle.
Demographics - Banksville, NY
Demographics - Banksville, NY
Banksville is a close-knit community of about 3,700 residents, characterized by a median age of 46.2 and a population density of 450 people per square mile. The area is predominantly White, with small percentages of Asian, Black, and other groups, and about 13% of residents speak a language other than English. Its balanced gender ratio and mature population create a stable and welcoming suburban environment.
Population:
3,700
Density:
450 per sq mi
Median Age:
46.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
13.2%
Ethnic Composition
White:
87.1%
Black:
2.7%
Asian:
4.6%
Others:
5.6%
Cost Of Living
What is the average cost of living in Banksville, NY?
Living in Banksville comes with a higher cost of living, as reflected by a cost of living index of 168.5 and median home values around $950,000. Residents can expect average rents of $3,200 and moderate monthly utility bills, with state income taxes ranging from 4% to 10.9%. The area’s expenses are driven mainly by housing, making it best suited for those seeking an upscale suburban lifestyle.
Median House Value:
$950,000
Gross Rent:
$3,200
Monthly Electricity Charges:
$160
Auto Insurance:
$2,050
House Owner Cost With Mortgage:
$3,950
House Owner Cost Without Mortgage:
$1,250
State Taxes:
Low:
4.0%
|
High:
10.9%
Cost Of Living Index:
168.5
Grocery:
142.3
Housing:
210.8
Utilities:
128.9
Transportation:
144.7
Health Care:
121.1
Miscellaneous:
117.6
Crime
Is Banksville, NY a safe place to live?
Banksville boasts a low crime rate, with just 82 violent crimes and 720 property crimes per 100,000 residents annually. The chance of experiencing a violent crime is about 1 in 1,220, making it a very safe choice for families and individuals. These low crime statistics contribute to the area’s reputation as a secure and peaceful community.
Violent Crimes Per 100k:
82
Property Crimes Per 100k:
720
Crime Index:
802
Chance Of Violent Crime:
1 in 1,220
Chance Of Property Crime:
1 in 137
Weather
What is the weather like in Banksville, NY year-round?
Residents in Banksville experience four distinct seasons, with mild summers reaching highs in the mid-80s and chilly winters dipping to the low 20s. The area enjoys 56% sunny days each year and receives about 48.5 inches of rainfall annually. This climate offers a pleasant variety for those who appreciate seasonal changes.
Winter
Min:
23°F
Max:
38°F
Spring
Min:
43°F
Max:
67°F
Summer
Min:
63°F
Max:
84°F
Fall
Min:
46°F
Max:
69°F
Average Rainfall Inches:
48.5 inches
Sunny Days Percentage:
56%
Neighbors
Banksville is an affluent community, where the median household income stands at $168,000 and the poverty rate is just 3.1%. Nearly 70% of adults hold at least a bachelor’s degree, and unemployment is low at 2.8%. The area's well-educated, prosperous residents enjoy a comfortable lifestyle with access to quality amenities and services.
Median Income:
$65,000
Household Income:
$168,000
Family Income:
$185,000
Per Capita Income:
$76,200
Income Male:
$91,000
Income Female:
$62,000
Poverty Rate:
3.1%
Non English Speakers:
13.2%
Rent:
$3,200
Unemployment Rate:
2.8%
Public Transport Usage:
7.4%
Commute Time:
35.5 minutes
Education
High School or Higher:
97.2%
Bachelors or More:
68.4%
Education
How are the schools in Banksville, NY?
Banksville offers access to highly rated public and private schools, including Byram Hills High School and Coman Hill Elementary, with low student-teacher ratios and strong academic reputations. Nearby, residents benefit from proximity to higher education institutions like Purchase College and Manhattanville College. The area’s emphasis on education makes it attractive for families seeking quality learning opportunities.
Public Schools
Name:
Byram Hills High School
Street:
12 Tripp Ln
Phone:
914-273-9200
Students:
770
Student Teacher Ratio:
11.1
Name:
Coman Hill Elementary School
Street:
558 Bedford Rd
Phone:
914-273-4183
Students:
470
Student Teacher Ratio:
10.5
Private Schools
Name:
Greenwich Catholic School
Street:
471 North St, Greenwich, CT
Phone:
203-869-4000
Students:
400
Colleges
Name:
Purchase College, SUNY
City:
Purchase
State:
NY
Distance:
8 miles
Students:
4,100
Name:
Manhattanville College
City:
Purchase
State:
NY
Distance:
8 miles
Students:
2,800
Healthcare
Banksville residents have convenient access to top healthcare facilities, including Northern Westchester Hospital and Greenwich Hospital, both offering comprehensive emergency and surgical services. With 3.2 physicians per 1,000 residents and 95% health insurance coverage, the community benefits from strong healthcare resources. A favorable healthcare index further ensures well-being for families and individuals alike.
Major Hospitals
Name:
Northern Westchester Hospital
Address:
400 E Main St, Mt Kisco, NY 10549
Phone:
(914) 666-1200
Type:
General & Surgical
Emergency Services:
Yes
Name:
Greenwich Hospital
Address:
5 Perryridge Rd, Greenwich, CT 06830
Phone:
(203) 863-3000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.2
Health Insurance Coverage:
95.0%
Health Care Index:
79.5
Housing Market
What is the housing market like in Banksville, NY?
Banksville's housing market is characterized by high property values, with the median home price at $950,000 and owner-occupancy at nearly 89%. Home values have appreciated by 7.2% over the past year, reflecting strong demand and a stable investment environment. The community offers a limited rental market, with low vacancy and premium rental prices.
Median Home Price:
$950,000
Average Rent For 2 Bedroom:
$3,200
Owner Occupied Rate:
88.9%
Rental Vacancy Rate:
3.9%
Home Appreciation Rate (1yr):
7.2%
New Construction Rate:
1.5%
Foreclosure Rate:
0.3%
DMV Information
Residents handle vehicle registrations and licensing through the New York State Department of Motor Vehicles, located nearby in White Plains. The DMV offers convenient online services and a central office for in-person assistance. Access to these services ensures that driving and vehicle needs are efficiently managed.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
200 Hamilton Ave, White Plains, NY 10601
Phone:
1-518-486-9786
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.