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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: 
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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
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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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