Cost of Living in Beaver Dam Lake, NY
Population 3,361 · New York · Data vintage 2023
(100 = US avg)
Beaver Dam Lake sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 8.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Beaver Dam Lake is about 35 miles north of Paterson, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 20% higher than Paterson's $335,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Beaver Dam Lake
The median home value in Beaver Dam Lake is $404,100 — 32% above the national median of $305,000. The median household income of $117,700/year is 58% higher than the US median of $74,580. The local unemployment rate is 8.3%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 60.0°F and lows of 38.8°F. Overall, Beaver Dam Lake has a cost of living index of 132 versus the US average of 100, meaning it is 32% more expensive.
Beaver Dam Lake has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 35 | 38 | 47 | 60 | 71 | 79 | 84 | 82 | 74 | 62 | 50 | 39 |
| Low °F | 17 | 18 | 27 | 36 | 47 | 56 | 61 | 59 | 51 | 40 | 31 | 23 |
| Precip" | 2.44 | 2.44 | 3.25 | 3.50 | 3.35 | 4.33 | 3.30 | 4.40 | 3.89 | 3.68 | 3.04 | 3.37 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Beaver Dam Lake, NY?
Beaver Dam Lake has a cost index of 132 (100 = national average). It is 32% above the national average.
What is the average home price in Beaver Dam Lake?
The median home value in Beaver Dam Lake is $404,100 according to 2023 Census ACS data.
What is the median income in Beaver Dam Lake?
The median household income in Beaver Dam Lake is $117,700 per year (2023 ACS 5-year estimates).
What is the sales tax in Beaver Dam Lake, NY?
The combined state and local sales tax rate in Beaver Dam Lake is 8.5%. The New York state income tax top rate is 10.9%.
Is Beaver Dam Lake, NY affordable?
Beaver Dam Lake is above average in cost of living, with an index of 132 — about 32% higher than the national average.
What is the weather like in Beaver Dam Lake?
Beaver Dam Lake has average high temperatures of 60.0°F and average lows of 38.8°F. Annual precipitation is 41". Data from NOAA 1991–2020 Climate Normals.
Beaver Dam Lake at a Glance
- Population
- 3,361
- Median Income
- $117,700
- Home Value
- $404,100
- Unemployment
- 8.3%
- Avg High Temp
- 60.0°F
- Sales Tax
- 8.5%
Nearby Cities
Explore county-level cost of living data
New York Rankings
Similar Cost Cities
Cities in other states with comparable housing costs