Living in Oyster Bay, New York
Cost of living, income, home prices, rent and demographics of Oyster Bay · Census data 2020–2024
Oyster Bay has 7,308 residents with a median age of 38. The median household income is $111,264 (29% higher than the New York median), the median home value is $695,500, the median rent is $2,225/month.
Oyster Bay at a glance
- Population
- 7,308
- Median age
- 38State: 39.8
- Median household income
- $111,264State: $85,974
- Median home value
- $695,500State: $423,800
- Median rent
- $2,225/moState: $1,621
- Homeowners
- 58.4%
- Bachelor's degree or higher
- 46.1%
- Average commute
- 27 min
Is Oyster Bay a good place to live?
Pros: Median household income 29% higher than the New York median; an average commute of 27 minutes; unemployment of 3.2%; a poverty rate of 7.4%.
Cons: Home values 64% higher than the state median.
The weather is best in June to September.
Cost of living in Oyster Bay
Housing is the biggest part of the cost of living. In Oyster Bay the median home value is $695,500, 109% higher than the U.S. median. Renters pay a median of $2,225 per month, which is 33.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Oyster Bay median household income
The median household income in Oyster Bay is $111,264 and the income per person is $54,595. 7.4% of residents live below the poverty line (New York: 14%).
Housing in Oyster Bay: homes for sale and rent
- Housing units
- 2,934
- Owner-occupied
- 58.4%
- Renter-occupied
- 41.6%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.55
Oyster Bay demographics
- Population
- 7,308
- Median age
- 38
- Under 18
- 25.8%
- 65 and older
- 19.4%
- Households
- 2,860
- Foreign-born
- 18%
- Veterans
- 4.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Oyster Bay ›
Education in Oyster Bay
46.1% of adults 25 and older in Oyster Bay have a bachelor's degree or higher (New York: 40.2%), and 18.1% have a graduate or professional degree.
Jobs and commute in Oyster Bay
- Unemployment rate
- 3.2%State: 6.4%
- Average commute
- 27 minState: 33 min
- Work from home
- 14.6%
- Drive alone
- 69.8%
- Public transit
- 3.9%
- Walk to work
- 2.9%
- Homes with broadband
- 92.5%
Oyster Bay vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Oyster Bay | 7,308 | $111,264 | $695,500 | $2,225 |
| East Norwich | 2,697 | $204,071 | $828,100 | — |
| Oyster Bay Cove | 2,075 | $250,001 | $1,714,700 | $2,500 |
| Mill Neck | 1,136 | $196,359 | $1,368,800 | $3,501 |
| Cove Neck | 231 | $238,333 | $2,000,001 | $3,250 |
| Centre Island | 264 | $218,036 | $2,000,000 | — |
| Upper Brookville | 2,004 | $250,001 | $2,000,001 | $1,750 |
| Laurel Hollow | 1,927 | $250,001 | $1,636,700 | $3,501 |
| Muttontown | 3,505 | $250,001 | $1,914,800 | — |
More for people moving to Oyster Bay
Oyster Bay ZIP code ›Weather and climate ›Living in Oyster Bay: FAQ
What is the median household income in Oyster Bay, NY?
The median household income in Oyster Bay is $111,264, 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 Oyster Bay?
The median home value in Oyster Bay is $695,500, compared with $423,800 in New York.
How much is rent in Oyster Bay?
The median gross rent in Oyster Bay is $2,225 per month, about 33.2% of household income.
Is Oyster Bay, NY a good place to live?
Pluses: median household income 29% higher than the New York median; an average commute of 27 minutes; unemployment of 3.2%; a poverty rate of 7.4%. Minuses: home values 64% higher than the state median.
What is the median age in Oyster Bay?
The median age in Oyster Bay is 38 years (New York: 39.8).
How long is the commute in Oyster Bay?
The average commute to work in Oyster Bay is 27 minutes; 14.6% of workers work from home.
What is the unemployment rate in Oyster Bay?
The unemployment rate in Oyster Bay is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Oyster Bay?
46.1% of adults in Oyster Bay 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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