$450-500k household income and a one year old, where would you live and how much would you spend?

[heapchk]

Originally Posted by Pandermonium

I see people driving 100k luxury cars and 800k mcmansion yet choose a public school. I just don't get it

800k mcmansion? Lol, not in any of the westchester suburbs we're talking on this board. :-)

[ironlex]

If there's demand for private schools, that means there's value that's being offered. Otherwise, private schools wouldn't exist.

[Bad-water]

I would live in the same town as close family members, and I would buy an older home located in the historical district of a town that is preferably walking distance to schools and the neighborhood has other families your age who also have kids. Fix everything in the house up nicely and live a practical family life.

[HartsdaleResident]

You can pull data together from
https://www.p12.nysed.gov/irs/statis...taff/home.html
and
https://www.p12.nysed.gov/irs/statistics/nonpublic/

to see where people send kids to private school and where they don't.

Edgemont has only 3% going to private school. But that's likely because this place has no other cachet to it so everyone is here for the schools.
Scarsdale + Bronxville (ones I looked at) are higher despite being widely recognized as excellent school districts. Likely because they have name cachet and maybe people go there for the neighborhood and use a different heuristic for schools.