Median Household Income: $65,305
Median Value of Owner-Occupied Housing Unit: $240,300
This little city has changed so much so fast we can only hope it doesn’t burst at the seams. With the blink of an eye storefronts are occupied with boutique shops, warehouses are changed into high-end condominiums and new houses pop up in places you’d never think they could fit. Everyone is trying to get in on what seems like a sure bet for buyers at this point. The lure is obvious: express train to Manhattan, thriving creative community, great restaurant scene, hiking right in town at Mt. Beacon; there is really no checklist it won’t satisfy. And thus, the real estate market can be all-out war. People are outbidding each other, sometimes (over) reaching well past asking price, cash in hand, but, if you are diligent, you can still get in, and if you are handy, you’ll have options.
For those lucky enough to get in, Beacon has some exciting new developments happening. The Hudson Valley Brewery is already beginning to crank out critically acclaimed brews. A taproom and restaurant should be opening soon. The Roundhouse has enlisted powerhouse chef Terrance Brennan, who has brought a huge upgrade to food and service to match the always-stunning setting over Beacon Falls. Also of note: Kitchen Sink, Hudson Valley magazine readers’ pick for Best New Restaurant last year; Catalyst and Matteawan art galleries, for consistently good exhibitions; and Quinn’s or the Towne Crier Café for music.
For those moving to town for family life, your strollers will have lots of company. There are abundant events for kids, opportunities for parents to meet and socialize, and alternative schools such as Hudson Hills Academy, Montessori, serving kids from 3-8 years old. Also nearby (in Wappingers Falls) is Randolph School, a progressive, holistic learning model serving children ages 3 to 10. The city’s businesses are also very family-friendly: Max’s on Main, one of the best bars and restaurants, even hands out Max’s brand sippy cups to satisfy tots and make their parents feel welcome.