Deposit, NY is located 31 miles east of Binghamton in New York's beautiful upstate region. Hailed as the "Gateway to the Southern Tier," the scenic town is nestled between a number of lakes and state parks, which allows Deposit to maintain a close relationship with nature. With less than 2,000 residents, Deposit also exudes the comforting, hometown vibe of the northeast's smaller communities. Search for Deposit apartments for rent, and find a new home in The Empire State.
Deposit was founded in the early 1790s and named to reflect the community's identity as the location where pine lumber was deposited on the banks of the Delaware River. The logging industry fueled the economy here for years until agricultural initiatives, and the building of highways changed the face of the town in the late 19th century.
Today, Deposit is a picturesque community that offers the small town experience. The village functions under the motto "Where nature blesses, there man progresses," which demonstrates the importance that local residents place on the environment.
With tree-lined streets, plush green landscapes and a family-oriented atmosphere, Deposit makes a great home for those seeking a more relaxed way of life without paying high living expenses. The village's cost of living index of 96.1 is below the national average.
The Deposit Lumberjack Festival is held annually on the third weekend in July, and it fills the village with fun and excitement. With carnival rides, kids games, merchant and food vendors, fireworks, lumberjack shows and live music, the festival is a wholesome event that the entire family can enjoy.
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