Living in Islip Terrace, New York
Cost of living, income, home prices, rent and demographics of Islip Terrace · Census data 2020–2024
Islip Terrace has 5,168 residents with a median age of 40.5. The median household income is $155,313 (81% higher than the New York median), the median home value is $519,200, the median rent is $2,640/month.
Islip Terrace at a glance
- Population
- 5,168
- Median age
- 40.5State: 39.8
- Median household income
- $155,313State: $85,974
- Median home value
- $519,200State: $423,800
- Median rent
- $2,640/moState: $1,621
- Homeowners
- 92%
- Bachelor's degree or higher
- 31%
- Average commute
- 33 min
Is Islip Terrace a good place to live?
Pros: Median household income 81% higher than the New York median; unemployment of 0.6%; a poverty rate of 2.6%.
Cons: Home values 23% higher than the state median; an average commute of 33 minutes.
The weather is best in June to September.
Cost of living in Islip Terrace
Housing is the biggest part of the cost of living. In Islip Terrace the median home value is $519,200, 56% higher than the U.S. median. Renters pay a median of $2,640 per month, which is 27.2% of household income. Homeowners with a mortgage pay $3,128 a month in housing costs.
Islip Terrace median household income
The median household income in Islip Terrace is $155,313 and the income per person is $59,999. 2.6% of residents live below the poverty line (New York: 14%).
Housing in Islip Terrace: homes for sale and rent
- Housing units
- 1,805
- Owner-occupied
- 92%
- Renter-occupied
- 8%
- Vacant
- 3.9%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.98
Islip Terrace demographics
- Population
- 5,168
- Median age
- 40.5
- Under 18
- 19.9%
- 65 and older
- 13.7%
- Households
- 1,734
- Foreign-born
- 11.4%
- Veterans
- 4.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Islip Terrace ›
Education in Islip Terrace
31% of adults 25 and older in Islip Terrace have a bachelor's degree or higher (New York: 40.2%), and 14% have a graduate or professional degree.
Jobs and commute in Islip Terrace
- Unemployment rate
- 0.6%State: 6.4%
- Average commute
- 33 minState: 33 min
- Work from home
- 5.5%
- Drive alone
- 91.1%
- Public transit
- 0.4%
- Walk to work
- 0%
- Homes with broadband
- 93.4%
Islip Terrace vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Islip Terrace | 5,168 | $155,313 | $519,200 | $2,640 |
| North Great River | 3,909 | $147,143 | $542,300 | $2,353 |
| East Islip | 13,573 | $147,996 | $593,200 | $2,708 |
| Islip | 17,362 | $120,909 | $542,200 | $2,235 |
| Central Islip | 38,373 | $113,707 | $436,400 | $2,071 |
| Oakdale | 7,115 | $118,958 | $613,000 | $2,239 |
| Great River | 1,899 | $136,071 | $802,800 | $2,750 |
| Bohemia | 9,181 | $125,781 | $557,700 | $2,582 |
| Bay Shore | 31,683 | $105,618 | $492,200 | $2,063 |
More for people moving to Islip Terrace
Islip Terrace ZIP code ›Weather and climate ›Living in Islip Terrace: FAQ
What is the median household income in Islip Terrace, NY?
The median household income in Islip Terrace is $155,313, 81% 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 Islip Terrace?
The median home value in Islip Terrace is $519,200, compared with $423,800 in New York.
How much is rent in Islip Terrace?
The median gross rent in Islip Terrace is $2,640 per month, about 27.2% of household income.
Is Islip Terrace, NY a good place to live?
Pluses: median household income 81% higher than the New York median; unemployment of 0.6%; a poverty rate of 2.6%. Minuses: home values 23% higher than the state median; an average commute of 33 minutes.
What is the median age in Islip Terrace?
The median age in Islip Terrace is 40.5 years (New York: 39.8).
How long is the commute in Islip Terrace?
The average commute to work in Islip Terrace is 33 minutes; 5.5% of workers work from home.
What is the unemployment rate in Islip Terrace?
The unemployment rate in Islip Terrace is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Islip Terrace?
31% of adults in Islip Terrace 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.
Last updated: