Living in New Paltz, New York
Cost of living, income, home prices, rent and demographics of New Paltz · Census data 2020–2024
New Paltz has 8,314 residents with a median age of 21.5. The median household income is $52,774 (39% lower than the New York median), the median home value is $414,500, the median rent is $1,672/month.
New Paltz at a glance
- Population
- 8,314
- Median age
- 21.5State: 39.8
- Median household income
- $52,774State: $85,974
- Median home value
- $414,500State: $423,800
- Median rent
- $1,672/moState: $1,621
- Homeowners
- 20.3%
- Bachelor's degree or higher
- 73.3%
- Average commute
- 21 min
Is New Paltz a good place to live?
Pros: Home values about the same as the state median; an average commute of 21 minutes.
Cons: Median household income 39% lower than the New York median; unemployment of 10.7%; a poverty rate of 38.2%.
The weather is best in June to September.
Cost of living in New Paltz
Housing is the biggest part of the cost of living. In New Paltz the median home value is $414,500, 25% higher than the U.S. median. Renters pay a median of $1,672 per month, which is 40.9% of household income. Homeowners with a mortgage pay $3,508 a month in housing costs.
New Paltz median household income
The median household income in New Paltz is $52,774 and the income per person is $22,485. 38.2% of residents live below the poverty line (New York: 14%).
Housing in New Paltz: homes for sale and rent
- Housing units
- 2,620
- Owner-occupied
- 20.3%
- Renter-occupied
- 79.7%
- Vacant
- 3.1%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.07
New Paltz demographics
- Population
- 8,314
- Median age
- 21.5
- Under 18
- 8.6%
- 65 and older
- 7.7%
- Households
- 2,538
- Foreign-born
- 9.7%
- Veterans
- 1%Adults 18+
Hispanic or Latino can be of any race. Population history of New Paltz ›
Education in New Paltz
73.3% of adults 25 and older in New Paltz have a bachelor's degree or higher (New York: 40.2%), and 31.3% have a graduate or professional degree.
Jobs and commute in New Paltz
- Unemployment rate
- 10.7%State: 6.4%
- Average commute
- 21 minState: 33 min
- Work from home
- 19.2%
- Drive alone
- 44%
- Public transit
- 2.2%
- Walk to work
- 25.4%
- Homes with broadband
- 91.6%
New Paltz vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Paltz | 8,314 | $52,774 | $414,500 | $1,672 |
| Clintondale | 1,784 | $76,071 | $318,900 | $1,162 |
| Tillson | 1,530 | $98,750 | $298,300 | $1,528 |
| Rifton | 541 | $2,499 | $227,800 | — |
| Gardiner | 1,210 | $112,411 | $568,600 | $1,775 |
| Highland | 6,367 | $101,917 | $415,900 | $1,483 |
| Rosendale | 962 | $70,858 | $263,300 | $1,343 |
| Stone Ridge | 1,884 | $127,601 | $501,400 | — |
| Hyde Park | 1,983 | $86,250 | $325,500 | $987 |
More for people moving to New Paltz
New Paltz ZIP code ›Weather and climate ›Living in New Paltz: FAQ
What is the median household income in New Paltz, NY?
The median household income in New Paltz is $52,774, 39% lower 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 New Paltz?
The median home value in New Paltz is $414,500, compared with $423,800 in New York.
How much is rent in New Paltz?
The median gross rent in New Paltz is $1,672 per month, about 40.9% of household income.
Is New Paltz, NY a good place to live?
Pluses: home values about the same as the state median; an average commute of 21 minutes. Minuses: median household income 39% lower than the New York median; unemployment of 10.7%; a poverty rate of 38.2%.
What is the median age in New Paltz?
The median age in New Paltz is 21.5 years (New York: 39.8).
How long is the commute in New Paltz?
The average commute to work in New Paltz is 21 minutes; 19.2% of workers work from home.
What is the unemployment rate in New Paltz?
The unemployment rate in New Paltz is 10.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Paltz?
73.3% of adults in New Paltz 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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