When it comes to affluence in upstate New York, Putnam County is the epicenter. It frequently makes lists for the richest counties in the U.S. based on median income numbers, and in 2012, the American Community Survey ranked Putnam the 7th most affluent county in the country, beating out even Nassau and Suffolk Counties where the Hamptons are located. That affluence speaks volumes when you look at the housing stock: So many multimillion dollar properties, yes, but that level of affluence bleeds over into more modest properties, as well. So here’s where the Upstater Real Talk comes in. If you find something you like in Putnam County, you’ll probably find it for a lot cheaper just a little bit further upstate. Now, that doesn’t mean that Putnam County is without its charms. It’s beautiful and bucolic, with picturesque towns both on the Hudson and more east toward the Connecticut state line. There are lakes and hillsides, streams and valleys. And, it’s got stops on the Metro-North (Garrison, Cold Spring, Breakneck Ridge, and Manitou on the Hudson Line; Southeast, Brewster, and Patterson on the Harlem line). Furthermore, housing prices differ throughout the county. For example, the median listing prices for places like Brewster, Putnam Valley, Mahopac, and Carmel are significantly lower than those of Cold Spring and Garrison. Long story short, if you’ve got the coin and can afford it, or you manage to find a fixer-upper bargain, Putnam County is a great place to look for both the beauty of living upstate and the convenience of being less than two hours from NYC.
As we’ve said many times before, lusting after stunning properties is free of charge, so set phasers to “drool” and get ready for some of this week’s Putnam County eye candy.