February 8, 2022

Mount Vernon is located in Westchester County, is situated to the north of the Bronx and is an inner suburb of New York City with a population of 67, 292. The median household income is $59,907, and 38% of the population owns their own home. 12% of residents hold a master’s degree, 17% hold a bachelor’s, and 27% have some college or an associate’s.

The median list price for a home is $509,666, and the average property will spend 52 days on the market before selling. Inventory has increased over this time last year by 1.3%, and 11 homes sold for more than their asking price. 398 houses are currently for sale, and 47 homes sold last month.

Education

Mount Vernon High School offers the opportunity for Advanced Placement testing and coursework, and a full 21% of the student body qualifies for these classes. Student to teacher ratio is low with just a figure of just 15 to 1. The district overall receives a strong A-1 rating from Moody’s Investor Services, a top Wall Street rating agency.

There are a total of 15 public schools in the district, educating 7,751 students with an average of 13 children per classroom and $17,962 allocated per child annually from the state budget. This dollar amount is nearly double that of the national average of just $8,803. Rebecca Turner Elementary School ranks higher than 60% of New York schools and 59% of those in the United States. In addition, Nellie Thornton School of Performing Arts offers instruction for grades 6-12. Parents can also choose from charter schools and private institutions, and a variety of preschool and day care options are also available.

Sokol Group specializes in initiating the property tax grievance process for homeowners who believe their annual assessments are too high. Working with those who reside in Westchester, Orange, and Rockland counties as well as the Hudson Valley, we invite you to reach out to us today to see how we can be of assistance to you.

Photo courtesy of Wikipedia