Living in Inwood, New York
Cost of living, income, home prices, rent and demographics of Inwood · Census data 2020–2024
Inwood has 12,235 residents with a median age of 31.7. The median household income is $94,342 (10% higher than the New York median), the median home value is $680,300, the median rent is $1,977/month.
Inwood at a glance
- Population
- 12,235
- Median age
- 31.7State: 39.8
- Median household income
- $94,342State: $85,974
- Median home value
- $680,300State: $423,800
- Median rent
- $1,977/moState: $1,621
- Homeowners
- 50.6%
- Bachelor's degree or higher
- 25.9%
- Average commute
- 35 min
Is Inwood a good place to live?
Pros: Median household income 10% higher than the New York median; unemployment of 5.5%.
Cons: Home values 61% higher than the state median; an average commute of 35 minutes; a poverty rate of 14.5%.
The weather is best in June to September.
Cost of living in Inwood
Housing is the biggest part of the cost of living. In Inwood the median home value is $680,300, 104% higher than the U.S. median. Renters pay a median of $1,977 per month, which is 34% of household income. Homeowners with a mortgage pay $3,724 a month in housing costs.
Inwood median household income
The median household income in Inwood is $94,342 and the income per person is $32,243. 14.5% of residents live below the poverty line (New York: 14%).
Housing in Inwood: homes for sale and rent
- Housing units
- 3,321
- Owner-occupied
- 50.6%
- Renter-occupied
- 49.4%
- Vacant
- 7.9%Includes seasonal homes
- Median year built
- 1947
- Average household size
- 3.99
Inwood demographics
- Population
- 12,235
- Median age
- 31.7
- Under 18
- 28.9%
- 65 and older
- 10.7%
- Households
- 3,058
- Foreign-born
- 40.7%
- Veterans
- 1.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Inwood ›
Education in Inwood
25.9% of adults 25 and older in Inwood have a bachelor's degree or higher (New York: 40.2%), and 11.1% have a graduate or professional degree.
Jobs and commute in Inwood
- Unemployment rate
- 5.5%State: 6.4%
- Average commute
- 35 minState: 33 min
- Work from home
- 9%
- Drive alone
- 40.5%
- Public transit
- 15.1%
- Walk to work
- 9.3%
- Homes with broadband
- 90.6%
Inwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Inwood | 12,235 | $94,342 | $680,300 | $1,977 |
| Cedarhurst | 7,320 | $101,572 | $861,900 | $2,214 |
| Woodmere | 18,061 | $172,537 | $975,400 | $2,720 |
| Lawrence | 6,778 | $170,000 | $1,623,200 | $1,943 |
| Woodsburgh | 830 | $248,750 | $1,625,000 | — |
| Atlantic Beach | 1,422 | $165,565 | $996,600 | $3,501 |
| Hewlett Neck | 519 | $250,001 | $1,375,000 | — |
| South Valley Stream | 6,512 | $145,000 | $656,800 | $1,503 |
| Hewlett Bay Park | 428 | $250,001 | $2,000,001 | — |
More for people moving to Inwood
Inwood ZIP code ›Weather and climate ›Living in Inwood: FAQ
What is the median household income in Inwood, NY?
The median household income in Inwood is $94,342, 10% 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 Inwood?
The median home value in Inwood is $680,300, compared with $423,800 in New York.
How much is rent in Inwood?
The median gross rent in Inwood is $1,977 per month, about 34% of household income.
Is Inwood, NY a good place to live?
Pluses: median household income 10% higher than the New York median; unemployment of 5.5%. Minuses: home values 61% higher than the state median; an average commute of 35 minutes; a poverty rate of 14.5%.
What is the median age in Inwood?
The median age in Inwood is 31.7 years (New York: 39.8).
How long is the commute in Inwood?
The average commute to work in Inwood is 35 minutes; 9% of workers work from home.
What is the unemployment rate in Inwood?
The unemployment rate in Inwood is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Inwood?
25.9% of adults in Inwood 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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