Last updated: 2024 BLS data · Page refreshed:
Water Mill has a population of 2,764 with a median age of 54.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,764 |
| Median Age | 54.9 |
| White | 89.4% |
| Black or African American | 0.4% |
| Asian | 1.5% |
| Hispanic or Latino | 8.3% |
The median household income in Water Mill is $186,875, which is 131.8% above the national median of $80,610. The per capita income is $151,552. The poverty rate is 3.6%.
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In Water Mill, 97.7% of residents age 25+ have a high school diploma or higher, and 73.0% hold a bachelor's degree or higher (28.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.7% |
| Bachelor's Degree or Higher | 73.0% |
| Graduate or Professional Degree | 28.9% |
The median home value in Water Mill is $2,000,001, above the national median of $303,400. The median monthly rent is $3,200. The homeownership rate is 93.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $2,000,001 |
| Median Monthly Rent | $3,200 |
| Homeownership Rate | 93.8% |
| Vacancy Rate | 50.1% |
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