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October 1, 2011              Main Home

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Who Buys in a 55+ Community?

Age-restricted communities, at least those for residents age 55 or better, generally appeal to people seeking a sense of community with other people from similar socioeconomic backgrounds.  Most developments are gated or at least have some type of secured access and appeal to retirees seeking a sense of security.   People who enjoy lots of amenities, planned activities and social interaction also buy in 55+ developments.  Just an FYI:  newer communities tend to have a younger demographic while older communities usually have a more mature set of residents, primarily because residents in older developments purchased when they were younger and have stayed put.

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Central Valley Population:  1,800   |   Percentage Age 45 or Better:  36%   |   Cost of Living:  45% Above U.S. Average   |   Crime Rate:  Below U.S. Average   |  Current Temperature: 

 

 

Woodbury Junction - Kensington Station

180 Dunderberg Road, Central Valley, New York 10917

(845) 774-5514

Age Restriction:  "Multi-generational" with 1/3 of the community designated 55+

450 single family homes

Priced from $314,900

Web Site  

Separate 55+ clubhouse with wellness room, fitness center, indoor resistance pool, kitchen, library, billiards and gathering room

New York Stats:

Population, year 2009 estimate - 19,378,102

Persons 65 years old and over, year 2009 - 13.4%

High school graduates, percent of persons age 25+, year 2000 - 84.2%

Bachelor's degree or higher, pct of persons age 25+, year 2000 - 31.8%

Persons of Hispanic or Latino origin, percent, year 2009 - 17.6%

White persons, not Hispanic, percent, year 2009 - 58.3%

Median household income, year 2008 - $54,554

Social Security taxed?   No

Source: U.S. Census Bureau

 

 


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