Putnam Lake CDP New York Area Home Supply Charts

This page looks at a variety of Putnam Lake CDP New York housing market data taken from the most recent 2021 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Putnam Lake CDP depicts it has a Housing Units of 1,755 which is the third most housing units of all other places in the greater Putnam Lake CDP region.

Figure 2 illustrates the housing density in the Putnam Lake CDP housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Putnam Lake CDP depicts it has a Housing Density of 456.9 which is the second smallest when ranked by housing density of all the other places in the local area. The place with the highest housing density in the area is Brewster which depicts a density of 1928.7 (approximately 4.2 times bigger). Comparing housing density to the United States average of 39.2, Putnam Lake CDP is very much bigger. Also, compared to the state of New York, housing density of 177.5, Putnam Lake CDP is approximately 2.6 times bigger.

In Figure 4, Putnam Lake CDP area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Putnam Lake CDP depicts it has a Housing Unit Change of 12.1% which is the second most housing units of all the places in the greater Putnam Lake CDP region. The place with the highest change in the housing units in the area is Brewster Hill CDP which depicts a housing units of 30.7% (approximately 2.5 times bigger). Comparing change in the housing units to the United States average of 6.5%, Putnam Lake CDP is about twice as large. Also, compared to the state of New York, change in the housing units of 3.1%, Putnam Lake CDP is approximately 3.9 times bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Putnam Lake CDP depicts it has a Renter Percent of 14.6% which is in the mid range of other places in the metropolitan area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 85.4% which is in the middle range of other places in the area.

Putnam Lake CDP New York Home Cost Charts

Looking at the housing data provided in Figure 7, the average Putnam Lake CDP home price is illustrated for this community and a useful analysis of affordable housing. Putnam Lake CDP shows it has a Median Home Value of $262,800 which is the smallest when ranked by median home price of all the other places in the metropolitan area. The place with the highest median home price in the area is Peach Lake CDP which depicts a home price of $398,700 (51.7% larger). Figure 8 provides aggregate comparative data for the Putnam Lake CDP New York metro area in terms of the median housing rental rate, apartment rent, etc. Putnam Lake CDP shows it has a Median Gross Rent of $1,682 which is the second most rental rates of all the places in the greater Putnam Lake CDP region. The place with the highest rental rates in the area is Lake Carmel CDP which depicts a rental rates of $1,780 (only about 5.8% larger). Comparing rental rates to the United States average of $1,096, Putnam Lake CDP is 53.5% larger. Also, in comparison with the state of New York, rental rates of $1,315, Putnam Lake CDP is 27.9% larger.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Putnam Lake CDP has one of the largest proportions of home price worth between $50,000 to $100,000 at 17% of the total and is ranked #2. The only larger place being Lake Carmel CDP with 20%. Second, it has one of the largest proportions of home price worth between $100,000 to $200,000 at 46% of the total and is ranked #2. The only larger place being Pawling with 50%. Third, it has the smallest proportion of home price worth between $200,000 to $300,000 at 20% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Putnam Lake CDP indicates it has a Median Owner Cost of $1,951 which is less than most other places in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Putnam Lake CDP metro area. it has a Owner Cost as % of HH Income of 21% which is the second smallest when ranked by cost as a percent of household income of all the other places in the local area.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Putnam Lake CDP depicts it has a Median Home Value as Percent of Median Earnings of 425% which is the smallest in terms of median home value as a percent of median worker earnings of all the other places in the greater region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Putnam Lake CDP shows it has a Median Owner Costs-With Mortgage of $2,093 which is the smallest when sorted by median housing cost of all the other places in the area. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $944 which is the second most median housing cost of all the places in the greater Putnam Lake CDP region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Putnam Lake CDP has the percentage of owner cost between $500 and $700 less than most other places in the metro area at 6% of the total. Second, it has the largest proportion of owner cost between $1,000 and $1,500 at 34% of the total and is ranked #1. Third, it has the largest proportion of owner cost between $2,000 and $2,500 at 24% of the total and is ranked #1. Also, it has the second smallest when sorted by owner cost less than $300 of all the other places in the area in order of owner cost between $3,500 and $4,000 at 2% of the total.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Putnam Lake CDP depicts it has a % of Income Owner Costs-With Mortgage of 24% which is the second smallest as measured by cost as a percent of household income of all the other places in the metro area. The place with the highest cost as a percent of household income in the area is Brewster Hill CDP which depicts a cost as a percent of household income of 32% (32.8% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Putnam Lake CDP depicts it has a % of Income Owner Costs-No Mortgage of 15% which is in the mid point range of other places in the local area. The place with the highest cost as a percent of household income in the area is Brewster Hill CDP which depicts a cost as a percent of household income of 28% (about twice as large).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Putnam Lake CDP has the percentage of rent as a percent of income is less than 10 pct the second smallest in terms of rent as a percent of income is less than 10 pct of all the other places in the metro area at 9% of the total. Second, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 37% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Putnam Lake CDP has the smallest proportion of housing cost between $500 and $700 at 6% of the total. Second, it has the largest proportion of housing cost between $2,000 and $2,500 at 22% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $6,395 which is the second smallest when sorted by median real estate taxes paid of all the other places in the surrounding region. The place with the highest median real estate taxes paid in the area is Brewster Hill CDP which shows a taxes paid of $9,184 (43.6% larger). Comparing median real estate taxes paid to the United States average of $2,551, Putnam Lake CDP is approximately 2.5 times bigger. Also, compared with the state of New York, median real estate taxes paid of $5,590, Putnam Lake CDP is 14.4% larger.

Figure 23 shows the rental rate distribution for this area. Putnam Lake CDP New York has one of the largest proportions of rent between 750 and 1000 dollars at 36% of the total and is ranked #3. Only #2 Peach Lake CDP (38%), and #1 Brewster (39%) are larger. Second, it has the largest proportion of rent between $1,500 and $2,500 at 9% of the total and is ranked #1.

Putnam Lake CDP New York Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Putnam Lake CDP has the largest proportion of With mortgage at 77% of the total and is ranked #1. Second, it has the smallest proportion of With HELOC no Primary Mortgage at 15% of the total.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Putnam Lake CDP has the smallest proportion of houses with mortgages at 15% of the total.

Putnam Lake CDP New York Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.9 which is the smallest in terms of family members per housing unit of all the other places in the local area. The place with the highest family members per housing unit in the area is Peach Lake CDP which shows a family members per housing unit of 4.1 (41.5% larger). Comparing family members per housing unit to the United States average of 3.3, Putnam Lake CDP is about 15.2% smaller. Also, in comparison with the state of New York, family members per housing unit of 3.3, Putnam Lake CDP is about 15.4% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.8 which is the second most average number of rooms in a house of all the places in the greater Putnam Lake CDP region. The place with the highest average number of rooms in a house in the area is Brewster Hill CDP which depicts an average number of rooms in a house of 6.2 (6.9% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1951 which is the second smallest as measured by year built of all the other places in the local area. The place with the highest year built in the area is Brewster Hill CDP which depicts a year built of 1972 ( only slightly larger).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built between 2010 to 2013 the second smallest when ranked by homes built in 2014 or later of all the other places in the surrounding region at 3% of the total. Second, it has the smallest proportion of homes built between 1990 to 1999 at 6% of the total. Third, it has the smallest proportion of homes built between 1970 to 1979 at 7% of the total. Also, it has one of the largest proportions of homes built between 1960 to 1969 at 23% of the total and is ranked #3. Only #2 Brewster Hill CDP (23%), and #1 Lake Carmel CDP (24%) are larger. In addition, it has the largest proportion of homes built between 1950 to 1959 at 24% of the total and is ranked #1. Furthermore, it has in the mid range of other places in the metropolitan area as measured by homes built between 1940 to 1949 at 23% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units less than most other places in the greater region at 216 of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2010 to 2013 at $390,900 of the total and is ranked #1. Second, it has one of the largest proportions of value of homes built 2000 to 2009 at $360,400 of the total and is ranked #3. Only #2 Brewster Hill CDP ($434,600), and #1 Peach Lake CDP ($678,600) are larger. Third, it has one of the largest proportions of value of homes built 1990 to 1999 at $380,000 of the total and is ranked #2. The only larger place being Peach Lake CDP with $438,500. Also, it has less than most other places in the local area in order of value of homes built 1980 to 1989 at $301,000 of the total. In addition, it has the second smallest in order of value of homes built 2014 or later of all the other places in the metropolitan area when sorted by value of homes built 1970 to 1979 at $241,700 of the total. Furthermore, it has less than most other places in the surrounding region in terms of value of homes built 1960 to 1969 at $231,300 of the total. Next it has less than most other places in the local area when sorted by value of homes built 1950 to 1959 at $230,900 of the total. Additionally, it has in the middle range of other places in the metro area as measured by value of homes built 1940 to 1949 at $286,800 of the total.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. it has the largest proportion of occupied housing units at 16% of the total and is ranked #1.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Putnam Lake CDP residents. it has a Owner-Household Size of 2.6 which is the second smallest in terms of homeowner household size of all the other places in the greater region. The place with the highest homeowner household size in the area is Peach Lake CDP which indicates a homeowner household size of 3.2 (22.5% larger).

Figure 37 shows the household size for renters. Putnam Lake CDP depicts it has a Renter-Household Size of 2.6 which is in the middle range of other places in the local area. The place with the highest renter household size in the area is Brewster Hill CDP which depicts a renter household sizes of 3.7 (43.4% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later the second smallest in terms of owners moved in 2019 or later of all the other places in the greater region at 7% of the total. Second, it has the smallest proportion of owners moved in 2010 to 2014 at 29% of the total. Third, it has one of the largest proportions of owners moved in 2000 to 2009 at 22% of the total and is ranked #2. The only larger place being Peach Lake CDP with 24%. Also, it has the largest proportion of owners moved in 1990 to 1999 at 21% of the total and is ranked #1. Figure 39 shows the year that people who rent moved into the area. Putnam Lake CDP has the percentage of renters moved in 2019 or later in the mid range of other places in the local area at 51% of the total. Second, it has in the mid range of other places in the area when sorted by renters moved in 2015 to 2018 at 28% of the total. Third, it has one of the largest proportions of renters moved in 2010 to 2014 at 21% of the total and is ranked #2. The only larger place being Brewster Hill CDP with 23%.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2001 which is the smallest in order of median year that a home owner moved in of all the other places in the local area. Figure 41 compares the median year that renters moved into their home. Putnam Lake CDP depicts it has a Renter Median Year Moved In of 2014 which is less than most other places in the greater region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the smallest proportion of home using bottled, tank, or lp gas at 13% of the total. Second, it has the largest proportion of home using electricity at 70% of the total and is ranked #1. Third, it has less than most other places in the area when ranked by homes using coal or coke at 1% of the total. Also, it has the largest proportion of homes using wood at 0% of the total and is ranked #1. In addition, it has in the center range of other places in the surrounding region when ranked by homes using solar energy at 1% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Putnam Lake CDP housing department, New York department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Putnam Lake CDP shows it has a Total In Group Quarters of 77 which is the second most number of people in group quarters of all the places in the greater Putnam Lake CDP region.