Deposit is a town in Delaware County, New York, United States. As of the 2010 census, the town's population was 1,712. The town of Deposit is on the western border of the county. It contains a village also named Deposit, the western portion of which is located in the adjacent town of Sanford in Broome County.
History
The town name was derived from the deposits of logs made by lumbermen, prior to forming rafts to float down the Delaware River usually to Philadelphia. The Town of Deposit was organized in 1880. and list of landmarks from 1887 by L.R. Burleigh In the 1890s, Deposit was a center of publishing with the relocation of the Outing Publishing Company to the town. Several magazines, including The Bohemian, were published and printed from Deposit. The Outing Publishing Company went out of business a few years after the failure of the Knapp Bros. Bank in 1909. Charles J. Knapp was president of Outing and on the board of Knapp Brothers which was run by his nephew Charles P. Knapp.
As of the census of 2000, there were 1,687 people, 700 households, and 445 families residing in the town. The population density was 39.2 people per square mile. There were 1,048 housing units at an average density of 24.4 per square mile. The racial makeup of the town was 97.27% White, 1.30% African American, 0.18% Native American, 0.47% Asian, 0.06% Pacific Islander, 0.18% from other races, and 0.53% from two or more races. Hispanic or Latino of any race were 1.13% of the population. There were 700 households, out of which 31.3% had children under the age of 18 living with them, 47.6% were married couples living together, 10.6% had a female householder with no partner present, and 36.3% were non-families. 31.6% of all households were made up of individuals, and 17.6% had someone living alone who was 65 years of age or older. The average household size was 2.41 and the average family size was 2.99. In the town, the population was spread out, with 26.4% under the age of 18, 8.6% from 18 to 24, 25.1% from 25 to 44, 22.6% from 45 to 64, and 17.4% who were 65 years of age or older. The median age was 38 years. For every 100 females, there were 91.1 males. For every 100 females age 18 and over, there were 85.9 males. The median income for a household in the town was $28,750, and the median income for a family was $35,536. Males had a median income of $27,434 versus $20,602 for females. The per capita income for the town was $15,068. About 11.5% of families and 15.8% of the population were below the poverty line, including 26.3% of those under age 18 and 8.3% of those age 65 or over.
While Deposit is considered a median-based-income town, one of the eight richest properties in New York state is located in this quiet agricultural town, at the rough turnover of the Cannonsville Reservoir. The reservoir was formed by impounding the West Branch of the Delaware River upstream of the village of Deposit. It is the westernmost of New York City's reservoirs. Placed in service in 1964, it is the most recently constructed New York City-owned reservoir. The hamlet of Cannonsville was destroyed to make room for the reservoir. It has the largest drainage basin of all of the NYC reservoirs, at. The reservoir's capacity is. This water flows over halfway through the reservoir to enter the West Delaware Tunnel in the town of Tompkins, just east of the town of Deposit. Then it flows through the aqueduct into the Rondout Reservoir, where the water enters the Delaware Aqueduct. The Delaware Aqueduct then continues through the West Branch Reservoir in Putnam County and the Kensico Reservoir in Westchester County north of the city. The aqueduct continues further south through the Hillview Reservoir in Yonkers, and then continues through The Bronx, Queens, and Brooklyn, eventually ending in Staten Island, providing New York City with about 50% of their drinking water. Owned by an undisclosed owner in the town of Deposit, the location of the Cannonsville Turnover could be considered a powerful source of water power if owned by the government. Besides the water power potential, the area is seen as a fruitful area in the sports of fishing and bird-watching. Home to the American bald eagle, Deposit offers the best of nature.
Communities and locations in the Town of Deposit
Barbourville — A hamlet near the east town line on Route 8.
China — A hamlet in the northern part of the town on Route 20.
Cannonsville Reservoir — The west part of the reservoir and its dam are east of the Deposit village.
Deposit — The east part of the Village of Deposit is located north of the Southern Tier Expressway.
Hale Eddy — A hamlet in the south part of the town.
Hambletville — A hamlet northeast of Deposit on Route 8.
Stilesville — A hamlet northeast of Deposit on Route 8.
Upper Barbourville — A hamlet in the northeast corner of the town on Route 8.
