New York / Broome County

Moving to Deposit, NY

Thinking of making a move to Deposit, NY? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Deposit, NY

Considering a move to Deposit, NY? This welcoming community of 1,450 residents offers a blend of suburban charm and convenience, with median home prices around $97,400 and average rents near $740. Commute times average 24 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (48% annually), ideal for families and commuters alike. Explore Deposit's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Deposit, NY

Deposit has a population of 1,450 residents, offering a diverse community with a median age of nearly 46 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 93% White, 2% Black, and 1% Asian residents, and over 5% speaking a language other than English at home. Its high population density contributes to a lively suburban 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?

The cost of living in Deposit is higher than the national average, with a cost of living index of 87.4. Median home values are around $97,400 and average rents for a two-bedroom apartment are approximately $740. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

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 is considered a safe community, with a low violent crime rate of 152 incidents per 100,000 residents and a property crime chance of 1 in 89. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in New York.

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 experiences four distinct seasons, with warm summers reaching highs of 80°F and cold winters dipping to 14°F. The area receives about 40 inches of rainfall annually and enjoys sunshine on 48% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
14°F
Max
32°F

Summer

Min
56°F
Max
80°F

Spring

Min
36°F
Max
64°F

Fall

Min
37°F
Max
64°F
Average Rainfall Inches
39.5 inches
Sunny Days Percentage
48%

Neighbors

The neighborhood boasts a healthy median household income of $43,400 and a low poverty rate of 19.8%. Over 87% of residents have at least a high school diploma, and nearly 16% hold a bachelor's degree or higher. Commute times average 24 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

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 offers quality education options, with public schools like Deposit Elementary School and Deposit Middle-Senior High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including SUNY Broome Community College. The community is committed to educational excellence for all age groups.

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 quality healthcare, with major hospitals like UHS Delaware Valley Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.2 per 1,000 people and 92.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
UHS Delaware Valley Hospital
Address
1 Titus Place, Walton, NY 13856
Phone
(607) 865-2100
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

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 local housing market is strong, with a median home price of $97,400 and an owner-occupied rate of nearly 59%. The market has seen a 2.2% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Deposit offers a mix of stability and opportunity for both buyers and renters.

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 handle vehicle services through the New York State Department of Motor Vehicles, conveniently located in Binghamton. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
New York
Department
New York State Department of Motor Vehicles
Address
44 Hawley Street, Binghamton, NY 13901
Phone
1-518-486-9786

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.

FAQs About Moving to Deposit, NY

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Deposit, review the core fields on this page: population 1,450, median home value $97,400, average rent for 2 bedroom $740, commute time 24.2 minutes, and sunny days percentage 48%.

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