The Economics of Moving to Pelham

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Compared to living in New York City, Pelham offers one of the best lifestyle values

Pelham residents live just outside the border of New York City in Westchester County.  By not being city residents, those living in Pelham are not subject to paying New York City income tax.  With a top NYC income tax rate of nearly five percent, this means a substantial reduction in taxes.  In Pelham, property taxes on most homes is approximately $32,000 per $1 million in home value.  However, approximately 60% of property taxes go to support Pelham's outstanding public school system.  Commuting costs to Manhattan from Pelham are the lowest rate in Westchester at just $231 per month -- with a less than 30-minute travel time to Grand Central Terminal.

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Associate Broker
Houlihan Lawrence, Inc.
1 Pelhamwood Avenue, Pelham, NY 10803
Agent Direct: (914) 738-2004