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Locust Valley, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
4,153
Population
$152,472
Median Income
$846,500
Home Value
41.9
Median Age

Demographics

Locust Valley has a population of 4,153 with a median age of 41.9. Here is the racial and ethnic breakdown of the population:

White
72.4%
Hispanic
16.6%
Asian
7.9%
Other
1.7%
Black
1.4%
Demographic Value
Total Population4,153
Median Age41.9
White72.4%
Black or African American1.4%
Asian7.9%
Hispanic or Latino16.6%
Other / Two or More Races1.7%
Locust Valley, New York — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 72.4%Hispanic/Latino: 16.6%Asian: 7.9%Other: 3.1%4,153PopulationWhiteWhite72.4%Hispanic/LatinoHispanic/Latino16.6%AsianAsian7.9%OtherOther3.1%

Income & Economy

The median household income in Locust Valley is $152,472, which is 89.1% above the national median of $80,610. The per capita income is $83,680. The poverty rate is 2.5%.

$152,472
Median Household Income
$83,680
Per Capita Income
2.5%
Poverty Rate

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Education

In Locust Valley, 83.8% of residents age 25+ have a high school diploma or higher, and 60.9% hold a bachelor's degree or higher (31.1% with a graduate or professional degree).

HS Diploma+
83.8%
Bachelor's+
60.9%
Graduate+
31.1%
Education Level % of Adults (25+)
High School Diploma or Higher83.8%
Bachelor's Degree or Higher60.9%
Graduate or Professional Degree31.1%

Housing

The median home value in Locust Valley is $846,500, above the national median of $303,400. The median monthly rent is $2,324. The homeownership rate is 86.1%.

$846,500
Median Home Value
$2,324/mo
Median Rent
86.1%
Homeownership Rate
Housing Metric Value
Median Home Value$846,500
Median Monthly Rent$2,324
Homeownership Rate86.1%
Vacancy Rate1.0%

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Frequently Asked Questions

What is the population of Locust Valley, New York?
The population of Locust Valley, New York is 4,153 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Locust Valley, New York?
The median household income in Locust Valley, New York is $152,472. This is 89.1% above the national median of $80,610.
What is the median home value in Locust Valley, New York?
The median home value in Locust Valley, New York is $846,500. The median monthly rent is $2,324.
What percentage of people in Locust Valley have a college degree?
In Locust Valley, New York, 60.9% of adults age 25 and older hold a bachelor's degree or higher, and 83.8% have a high school diploma or higher.
Is Locust Valley, New York an affordable place to live?
The home price-to-income ratio in Locust Valley, New York is 5.6x (median home value $846,500 vs. median income $152,472), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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