Everything You Should Know Before Moving to Purchase, NY
Considering a move to Purchase, NY? This affluent hamlet features a small population of 5,391 and boasts top-tier education with over 70% holding bachelor’s degrees or higher. Expect upscale living, with a median home price of $1,250,000 and average rents near $3,200, reflecting its high cost of living. Crime rates are very low, commutes average around 32 minutes, and residents enjoy excellent healthcare access and a scenic, temperate climate. With great schools and proximity to New York City, Purchase is ideal for families and professionals seeking tranquility and opportunity.
Demographics - Purchase, NY
Demographics - Purchase, NY
Purchase, NY is a small, close-knit community with a population of 5,391 and a notably youthful median age of 22.8, influenced by its local colleges. The area is diverse, with 62.5% identifying as White and a significant presence of Asian and other backgrounds, while about 14.5% of residents speak a language other than English at home.
Population:
5,391
Density:
615 per sq mi
Median Age:
22.8
Gender Ratio:
90 males per 100 females
Non-English Speakers Percentage:
14.5%
Ethnic Composition
White:
62.5%
Black:
5.8%
Asian:
10.7%
Others:
21.0%
Cost Of Living
What is the average cost of living in Purchase, NY?
Living in Purchase comes with a premium, as reflected by a high cost of living index of 165.2 and a median home value of $1,250,000. Residents can expect higher-than-average expenses for housing and everyday necessities, with typical rents around $3,200 and state income taxes ranging from 4.0% to 10.9%.
Median House Value:
$1,250,000
Gross Rent:
$3,200
Monthly Electricity Charges:
$170
Auto Insurance:
$2,150
House Owner Cost With Mortgage:
$4,200
House Owner Cost Without Mortgage:
$1,150
State Taxes:
Low:
4.0%
|
High:
10.9%
Cost Of Living Index:
165.2
Grocery:
116.0
Housing:
220.0
Utilities:
110.2
Transportation:
130.7
Health Care:
117.9
Miscellaneous:
108.3
Crime
Is Purchase, NY a safe place to live?
Purchase boasts a remarkably low crime rate, with just 68 violent crimes and 610 property crimes per 100,000 residents, making it a safe choice for families and individuals. The chance of experiencing a violent crime is just 1 in 1,470, providing peace of mind for newcomers.
Violent Crimes Per 100k:
68
Property Crimes Per 100k:
610
Crime Index:
678
Chance Of Violent Crime:
1 in 1,470
Chance Of Property Crime:
1 in 164
Weather
What is the weather like in Purchase, NY year-round?
The climate in Purchase features four distinct seasons, with warm summers averaging highs of 84°F and cold winters dipping to lows around 22°F. Residents enjoy about 56% sunny days each year and ample rainfall totaling nearly 49 inches annually, supporting lush local scenery.
Winter
Min:
22°F
Max:
38°F
Spring
Min:
43°F
Max:
68°F
Summer
Min:
65°F
Max:
84°F
Fall
Min:
47°F
Max:
70°F
Average Rainfall Inches:
49.1 inches
Sunny Days Percentage:
56%
Neighbors
Households in Purchase enjoy impressive affluence, with a median income of $231,000 and a low poverty rate of 2.1%. The community is highly educated, with over 70% holding a bachelor’s degree or higher, and most residents experience a moderate commute time of about 32 minutes.
Median Income:
$65,000
Household Income:
$231,000
Family Income:
$256,000
Per Capita Income:
$71,500
Income Male:
$101,000
Income Female:
$81,000
Poverty Rate:
2.1%
Non English Speakers:
14.5%
Rent:
$3,200
Unemployment Rate:
3.3%
Public Transport Usage:
12.5%
Commute Time:
32.2 minutes
Education
High School or Higher:
97.1%
Bachelors or More:
70.2%
Education
How are the schools in Purchase, NY?
Education is a highlight in Purchase, with top-rated public and private schools and two prominent colleges—SUNY Purchase College and Manhattanville College—serving the community. The public schools offer small class sizes and excellent academic support, making the area attractive to families.
Public Schools
Name:
Purchase School
Street:
2995 Purchase St
Phone:
914-630-1300
Students:
390
Student Teacher Ratio:
11.5
Private Schools
Name:
Keio Academy of New York
Street:
3 College Rd
Phone:
914-694-4825
Students:
350
Colleges
Name:
SUNY Purchase College
City:
Purchase
State:
NY
Distance:
0 miles
Students:
4,000
Name:
Manhattanville College
City:
Purchase
State:
NY
Distance:
1 mile
Students:
2,700
Healthcare
Residents have access to excellent healthcare, including major hospitals like White Plains Hospital and NY-Presbyterian Westchester nearby. With 4.1 physicians per 1,000 people and a high health insurance coverage rate of 96.5%, quality medical services are readily available.
Major Hospitals
Name:
White Plains Hospital
Address:
41 E Post Rd, White Plains, NY 10601
Phone:
(914) 681-0600
Type:
General & Surgical
Emergency Services:
Yes
Name:
NY-Presbyterian Westchester
Address:
701 Westchester Ave, White Plains, NY 10604
Phone:
(914) 681-0600
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
4.1
Health Insurance Coverage:
96.5%
Health Care Index:
82.4
Housing Market
What is the housing market like in Purchase, NY?
The Purchase housing market is characterized by upscale properties, with a median home price of $1,250,000 and strong home appreciation at 6.2% over the past year. A high owner-occupied rate of 74.5% reflects community stability, while rental options remain available with moderate vacancy rates.
Median Home Price:
$1,250,000
Average Rent For 2 Bedroom:
$3,200
Owner Occupied Rate:
74.5%
Rental Vacancy Rate:
4.8%
Home Appreciation Rate (1yr):
6.2%
New Construction Rate:
1.3%
Foreclosure Rate:
0.2%
DMV Information
Local DMV services for Purchase residents are conveniently located at 200 Hamilton Ave in White Plains, managed by the New York State Department of Motor Vehicles. Residents can handle licensing, registration, and other vehicle needs online or by phone for added convenience.
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.