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Mohegan Lake, New York –- A Region Comprised Of Young People

Mohegan Lake, New York –- A Region Comprised Of Young People

Mohegan Lake is located partially in the town of Town of Cortlandt and partially in Yorktown, both of which are located within Westchester County, New York. It is also a census-designated place and acquired its name in 1859, given by William Jones, owner of the Mount Pleasant Hotel.

Lake Mohegan is a private body of water and is open for swimming swimming, and golf enthusiasts can enjoy spending time at the Yorktown Golf & Baseball Center. Families can hike and relax admit lush forests and beautiful scenery at the Sylvan Glen Park Preserve. Small businesses dot the downtown area, and shoppers can visit the large Cortlandt Town Center.

Demographics

5,979 people live in Mohegan Lake, and these are dispersed among 1,975 households, the average family size being comprised of 3.26 persons. Population density is 2,058 residents per square mile. The median age is just 35 years of age, and the median income for a family is $88,903, with a per capital earning of $29,945 per person. 4.1% of the population lives below the poverty line.

43% of households have children below the age of 18 living therein, and 65% are married couples living together. 9% of homes have a female householder living alone, and 19% of homes are occupied by individuals that in 5% of cases are above the age of 65.

Real Estate

The median list price for a home in Mohegan Lake, New York is $442,000, or $241 per square foot, up 24.5% over last year. Available homes for purchase have increased by 9.1% over this same time period, and 10 properties sold last month.

Homes will sell after receiving 1 offer on average for 99.6% of the asking price with a down payment of 10%. Average number of days spent on the market is 41, and there are 29 homes are currently listed for sale.

Sokol Group helps residents of Westchester, Orange, and Rockland counties and those living in the Hudson Valley to lower their yearly property taxes. We initiate the property tax grievance process for those who believe their annual assessments are too high. Reach out to us for more information of how we can be of assistance, and we look forward to working with you.

Photo courtesy of Wikipedia

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