Living in Centre Island, New York

Cost of living, income, home prices, rent and demographics of Centre Island · Census data 2020–2024

Centre Island has 264 residents with a median age of 62.4. The median household income is $218,036 (154% higher than the New York median), the median home value is $2,000,000.

Centre Island is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Centre Island at a glance

Population
264
Median age
62.4State: 39.8
Median household income
$218,036State: $85,974
Median home value
$2,000,000State: $423,800
Homeowners
92.7%
Bachelor's degree or higher
54.7%
Average commute
42 min

Is Centre Island a good place to live?

Pros: Median household income 154% higher than the New York median.

Cons: Home values 372% higher than the state median; an average commute of 42 minutes; unemployment of 9.9%; a poverty rate of 15.2%.

The weather is best in June to September.

Cost of living in Centre Island

Housing is the biggest part of the cost of living. In Centre Island the median home value is $2,000,000, 501% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Centre Island$2,000,000
New York$423,800
United States$332,700

Median monthly rent

New York$1,621
United States$1,413

Centre Island median household income

The median household income in Centre Island is $218,036 and the income per person is $193,178. 15.2% of residents live below the poverty line (New York: 14%).

Median household income

Centre Island$218,036
New York$85,974
United States$80,734

Housing in Centre Island: homes for sale and rent

Housing units
187
Owner-occupied
92.7%
Renter-occupied
7.3%
Vacant
34.2%Includes seasonal homes
Median year built
1962
Average household size
2.15

34.2% of homes are vacant most of the year, a sign that Centre Island has many vacation and second homes.

Centre Island demographics

Population
264
Median age
62.4
Under 18
9.8%
65 and older
45.5%
Households
123
Foreign-born
14.8%
Veterans
3.8%Adults 18+

Race and ethnicity

White88.6%
Hispanic or Latino5.3%
Black0%
Asian6.4%

Hispanic or Latino can be of any race. Population history of Centre Island ›

Education in Centre Island

54.7% of adults 25 and older in Centre Island have a bachelor's degree or higher (New York: 40.2%), and 30.3% have a graduate or professional degree.

Bachelor's degree or higher

Centre Island54.7%
New York40.2%
United States35.7%

Jobs and commute in Centre Island

Unemployment rate
9.9%State: 6.4%
Average commute
42 minState: 33 min
Work from home
14.1%
Drive alone
60.2%
Public transit
2.3%
Walk to work
10.9%
Homes with broadband
78%

Centre Island vs nearby towns

TownPopulationMedian incomeHome valueRent
Centre Island264$218,036$2,000,000—
Cove Neck231$238,333$2,000,001$3,250
Bayville6,744$149,191$710,000$2,127
Oyster Bay7,308$111,264$695,500$2,225
Mill Neck1,136$196,359$1,368,800$3,501
Oyster Bay Cove2,075$250,001$1,714,700$2,500
East Norwich2,697$204,071$828,100—
Laurel Hollow1,927$250,001$1,636,700$3,501
Locust Valley4,153$152,472$846,500$2,324

More for people moving to Centre Island

Centre Island ZIP code ›Weather and climate ›

Living in Centre Island: FAQ

What is the median household income in Centre Island, NY?

The median household income in Centre Island is $218,036, 154% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Centre Island?

The median home value in Centre Island is $2,000,000, compared with $423,800 in New York.

Is Centre Island, NY a good place to live?

Pluses: median household income 154% higher than the New York median. Minuses: home values 372% higher than the state median; an average commute of 42 minutes; unemployment of 9.9%; a poverty rate of 15.2%.

What is the median age in Centre Island?

The median age in Centre Island is 62.4 years (New York: 39.8).

How long is the commute in Centre Island?

The average commute to work in Centre Island is 42 minutes; 14.1% of workers work from home.

What is the unemployment rate in Centre Island?

The unemployment rate in Centre Island is 9.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Centre Island?

54.7% of adults in Centre Island have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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