Living in Peconic, New York
Cost of living, income, home prices, rent and demographics of Peconic · Census data 2020–2024
Peconic has 848 residents with a median age of 47.4. The median household income is $116,250 (35% higher than the New York median), the median home value is $980,900, the median rent is $3,501/month.
Peconic is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Peconic at a glance
- Population
- 848
- Median age
- 47.4State: 39.8
- Median household income
- $116,250State: $85,974
- Median home value
- $980,900State: $423,800
- Median rent
- $3,501/moState: $1,621
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 53.7%
- Average commute
- 26 min
Is Peconic a good place to live?
Pros: Median household income 35% higher than the New York median; an average commute of 26 minutes; a poverty rate of 0.9%.
Cons: Home values 131% higher than the state median.
The weather is best in June to September.
Cost of living in Peconic
Housing is the biggest part of the cost of living. In Peconic the median home value is $980,900, 195% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 43% of household income. Homeowners with a mortgage pay $3,891 a month in housing costs.
Peconic median household income
The median household income in Peconic is $116,250 and the income per person is $58,534. 0.9% of residents live below the poverty line (New York: 14%).
Housing in Peconic: homes for sale and rent
- Housing units
- 531
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 40.5%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.68
40.5% of homes are vacant most of the year, a sign that Peconic has many vacation and second homes.
Peconic demographics
- Population
- 848
- Median age
- 47.4
- Under 18
- 18.2%
- 65 and older
- 22.3%
- Households
- 316
- Foreign-born
- 10.6%
- Veterans
- 5.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Peconic ›
Education in Peconic
53.7% of adults 25 and older in Peconic have a bachelor's degree or higher (New York: 40.2%), and 32.9% have a graduate or professional degree.
Jobs and commute in Peconic
- Unemployment rate
- 0%State: 6.4%
- Average commute
- 26 minState: 33 min
- Work from home
- 43.6%
- Drive alone
- 42.7%
- Public transit
- 10.8%
- Walk to work
- 0%
- Homes with broadband
- 95.3%
Peconic vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Peconic | 848 | $116,250 | $980,900 | $3,501 |
| Cutchogue | 2,835 | $143,472 | $917,800 | $2,120 |
| Southold | 6,397 | $128,822 | $844,700 | $2,237 |
| New Suffolk | 298 | $130,875 | $1,060,000 | — |
| Mattituck | 4,606 | $121,250 | $750,000 | $1,762 |
| Greenport West | 2,463 | $93,983 | $839,900 | $1,979 |
| Shelter Island Heights | 1,230 | $113,091 | $1,157,200 | — |
| Laurel | 1,360 | $138,726 | $870,800 | — |
| Greenport | 2,574 | $81,094 | $961,200 | $2,104 |
More for people moving to Peconic
Peconic ZIP code ›Weather and climate ›Living in Peconic: FAQ
What is the median household income in Peconic, NY?
The median household income in Peconic is $116,250, 35% 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 Peconic?
The median home value in Peconic is $980,900, compared with $423,800 in New York.
How much is rent in Peconic?
The median gross rent in Peconic is $3,501 per month, about 43% of household income.
Is Peconic, NY a good place to live?
Pluses: median household income 35% higher than the New York median; an average commute of 26 minutes; a poverty rate of 0.9%. Minuses: home values 131% higher than the state median.
What is the median age in Peconic?
The median age in Peconic is 47.4 years (New York: 39.8).
How long is the commute in Peconic?
The average commute to work in Peconic is 26 minutes; 43.6% of workers work from home.
What is the unemployment rate in Peconic?
The unemployment rate in Peconic is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Peconic?
53.7% of adults in Peconic 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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