Living in Highland Falls, New York
Cost of living, income, home prices, rent and demographics of Highland Falls · Census data 2020–2024
Highland Falls has 3,683 residents with a median age of 43.9. The median household income is $110,714 (29% higher than the New York median), the median home value is $353,900, the median rent is $1,643/month.
Highland Falls at a glance
- Population
- 3,683
- Median age
- 43.9State: 39.8
- Median household income
- $110,714State: $85,974
- Median home value
- $353,900State: $423,800
- Median rent
- $1,643/moState: $1,621
- Homeowners
- 58.9%
- Bachelor's degree or higher
- 43.2%
- Average commute
- 26 min
Is Highland Falls a good place to live?
Pros: Median household income 29% higher than the New York median; home values 16% lower than the state median; an average commute of 26 minutes; a poverty rate of 7.2%.
Cons: Unemployment of 6.6%.
The weather is best in May–June and August–September.
Cost of living in Highland Falls
Housing is the biggest part of the cost of living. In Highland Falls the median home value is $353,900, 6% higher than the U.S. median. Renters pay a median of $1,643 per month, which is 36.4% of household income. Homeowners with a mortgage pay $2,652 a month in housing costs.
Highland Falls median household income
The median household income in Highland Falls is $110,714 and the income per person is $52,941. 7.2% of residents live below the poverty line (New York: 14%).
Housing in Highland Falls: homes for sale and rent
- Housing units
- 1,846
- Owner-occupied
- 58.9%
- Renter-occupied
- 41.1%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1948
- Average household size
- 2.16
Highland Falls demographics
- Population
- 3,683
- Median age
- 43.9
- Under 18
- 18.6%
- 65 and older
- 13.3%
- Households
- 1,704
- Foreign-born
- 14.9%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Highland Falls ›
Education in Highland Falls
43.2% of adults 25 and older in Highland Falls have a bachelor's degree or higher (New York: 40.2%), and 26.7% have a graduate or professional degree.
Jobs and commute in Highland Falls
- Unemployment rate
- 6.6%State: 6.4%
- Average commute
- 26 minState: 33 min
- Work from home
- 12.1%
- Drive alone
- 79.8%
- Public transit
- 0%
- Walk to work
- 1.1%
- Homes with broadband
- 97.6%
Highland Falls vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Highland Falls | 3,683 | $110,714 | $353,900 | $1,643 |
| Fort Montgomery | 2,422 | $84,570 | $330,000 | $1,867 |
| West Point | 6,349 | $135,333 | — | $3,501 |
| Cold Spring | 1,863 | $117,292 | $600,100 | $1,777 |
| Nelsonville | 714 | $153,750 | $599,700 | $1,902 |
| Cornwall-on-Hudson | 3,037 | $140,208 | $471,200 | $1,471 |
| Peekskill | 25,625 | $85,954 | $395,600 | $2,036 |
| Firthcliffe | 5,432 | $101,250 | $407,400 | $1,831 |
| Buchanan | 2,397 | $128,218 | $525,500 | $1,953 |
More for people moving to Highland Falls
Highland Falls ZIP code ›Weather and climate ›Living in Highland Falls: FAQ
What is the median household income in Highland Falls, NY?
The median household income in Highland Falls is $110,714, 29% 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 Highland Falls?
The median home value in Highland Falls is $353,900, compared with $423,800 in New York.
How much is rent in Highland Falls?
The median gross rent in Highland Falls is $1,643 per month, about 36.4% of household income.
Is Highland Falls, NY a good place to live?
Pluses: median household income 29% higher than the New York median; home values 16% lower than the state median; an average commute of 26 minutes; a poverty rate of 7.2%. Minuses: unemployment of 6.6%.
What is the median age in Highland Falls?
The median age in Highland Falls is 43.9 years (New York: 39.8).
How long is the commute in Highland Falls?
The average commute to work in Highland Falls is 26 minutes; 12.1% of workers work from home.
What is the unemployment rate in Highland Falls?
The unemployment rate in Highland Falls is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Highland Falls?
43.2% of adults in Highland Falls 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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