Everything You Should Know Before Moving to Deposit, NY
Thinking of relocating to Deposit, NY? This small town of about 1,450 residents offers affordable living, with median home prices around $97,400 and rents averaging $740. Enjoy quiet, low-crime neighborhoods (violent crimes at 152 per 100K), short 24-minute commutes, and a scenic climate that features four distinct seasons. Families appreciate the local schools’ low student-teacher ratios, while outdoor lovers enjoy the nearby rivers and forests. Explore Deposit’s cost of living, housing, schools, and more to see if it’s your perfect upstate retreat.
Demographics - Deposit, NY
Demographics - Deposit, NY
Deposit, NY is a small community of about 1,450 residents, with a median age of 46.2 and a population that is predominantly White. The gender balance is nearly even, and around 4.5% of residents speak a language other than English at home. With a moderate population density, the town offers a close-knit, rural atmosphere.
Population:
1,450
Density:
320 per sq mi
Median Age:
46.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
4.5%
Ethnic Composition
White:
93.1%
Black:
1.7%
Asian:
0.8%
Others:
4.4%
Cost Of Living
What is the average cost of living in Deposit, NY?
Deposit offers an affordable cost of living, with a median home value of $97,400 and average rent around $740. The overall cost of living index is below the national average, making it attractive for those seeking budget-friendly housing and everyday expenses. Utilities and healthcare costs are slightly above average, but housing remains highly affordable.
Median House Value:
$97,400
Gross Rent:
$740
Monthly Electricity Charges:
$110
Auto Insurance:
$1,110
House Owner Cost With Mortgage:
$1,020
House Owner Cost Without Mortgage:
$430
State Taxes:
Low:
4.0%
|
High:
10.9%
Cost Of Living Index:
87.4
Grocery:
96.0
Housing:
59.2
Utilities:
102.1
Transportation:
99.9
Health Care:
104.0
Miscellaneous:
92.0
Crime
Is Deposit, NY a safe place to live?
Deposit experiences low violent crime, with 152 incidents per 100,000 people, and property crime rates also remain modest for the region. Residents enjoy a safe environment, with the chance of being a victim of violent crime at just 1 in 658. These figures make Deposit a reassuring choice for families and individuals prioritizing safety.
Violent Crimes Per 100k:
152
Property Crimes Per 100k:
1,118
Crime Index:
1,270
Chance Of Violent Crime:
1 in 658
Chance Of Property Crime:
1 in 89
Weather
What is the weather like in Deposit, NY year-round?
Deposit enjoys four distinct seasons, with cold winters averaging lows of 14°F and warm summers reaching up to 80°F. The area receives about 39.5 inches of annual rainfall and experiences sunny days roughly 48% of the year. This climate is ideal for those who appreciate seasonal changes and outdoor activities year-round.
Winter
Min:
14°F
Max:
32°F
Spring
Min:
36°F
Max:
64°F
Summer
Min:
56°F
Max:
80°F
Fall
Min:
37°F
Max:
64°F
Average Rainfall Inches:
39.5 inches
Sunny Days Percentage:
48%
Neighbors
The median household income in Deposit is $43,400, with a poverty rate of 19.8%, reflecting a community with modest means. Most residents commute about 24 minutes to work, while education levels are solid—87% have at least a high school diploma. The area is quiet and community-oriented, with low public transportation usage.
Median Income:
$29,800
Household Income:
$43,400
Family Income:
$51,000
Per Capita Income:
$23,700
Income Male:
$33,000
Income Female:
$27,200
Poverty Rate:
19.8%
Non English Speakers:
4.5%
Rent:
$740
Unemployment Rate:
5.6%
Public Transport Usage:
0.4%
Commute Time:
24.2 minutes
Education
High School or Higher:
87.1%
Bachelors or More:
16.3%
Education
How are the schools in Deposit, NY?
Deposit’s public schools offer small class sizes, with student-teacher ratios around 11:1, supporting personalized attention for students. While there are no private schools locally, the community benefits from proximity to higher education, including SUNY Broome Community College just 34 miles away. Families appreciate the supportive learning environment and accessible educational resources.
Public Schools
Name:
Deposit Elementary School
Street:
171 2nd St
Phone:
607-467-2198
Students:
340
Student Teacher Ratio:
10.8
Name:
Deposit Middle-Senior High School
Street:
171 2nd St
Phone:
607-467-2198
Students:
350
Student Teacher Ratio:
11.2
Colleges
Name:
SUNY Broome Community College
City:
Binghamton
State:
NY
Distance:
34 miles
Students:
5,000
Healthcare
Deposit residents have access to healthcare services such as UHS Delaware Valley Hospital, located nearby in Walton, NY, offering general and emergency care. Health insurance coverage is high at 92.4%, and there are about 1.2 physicians per 1,000 people. The town’s healthcare index indicates reliable, if limited, local medical resources.
Major Hospitals
Name:
UHS Delaware Valley Hospital
Address:
1 Titus Place, Walton, NY 13856
Phone:
(607) 865-2100
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.2
Health Insurance Coverage:
92.4%
Health Care Index:
66.2
Housing Market
What is the housing market like in Deposit, NY?
The housing market in Deposit is highly accessible, with a median home price of $97,400 and average two-bedroom rent at $740. About 59% of homes are owner-occupied, and vacancy rates are manageable, ensuring options for both buyers and renters. Modest appreciation and low foreclosure rates make it a stable market for those seeking affordable property.
Median Home Price:
$97,400
Average Rent For 2 Bedroom:
$740
Owner Occupied Rate:
59.1%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
2.2%
New Construction Rate:
0.2%
Foreclosure Rate:
0.6%
DMV Information
Residents of Deposit are served by the New York State Department of Motor Vehicles, with the closest office located at 44 Hawley Street in Binghamton. The DMV offers a full range of vehicle and license services both in-person and online. This provides convenient access for all motor vehicle needs in the region.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
44 Hawley Street, Binghamton, NY 13901
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.