Living in Southold, New York
Cost of living, income, home prices, rent and demographics of Southold · Census data 2020–2024
Southold has 6,397 residents with a median age of 48.6. The median household income is $128,822 (50% higher than the New York median), the median home value is $844,700, the median rent is $2,237/month.
Southold at a glance
- Population
- 6,397
- Median age
- 48.6State: 39.8
- Median household income
- $128,822State: $85,974
- Median home value
- $844,700State: $423,800
- Median rent
- $2,237/moState: $1,621
- Homeowners
- 82.2%
- Bachelor's degree or higher
- 54.3%
- Average commute
- 27 min
Is Southold a good place to live?
Pros: Median household income 50% higher than the New York median; an average commute of 27 minutes; unemployment of 6%; a poverty rate of 3.8%.
Cons: Home values 99% higher than the state median.
The weather is best in June to September.
Cost of living in Southold
Housing is the biggest part of the cost of living. In Southold the median home value is $844,700, 154% higher than the U.S. median. Renters pay a median of $2,237 per month, which is 29.5% of household income. Homeowners with a mortgage pay $3,373 a month in housing costs.
Southold median household income
The median household income in Southold is $128,822 and the income per person is $76,311. 3.8% of residents live below the poverty line (New York: 14%).
Housing in Southold: homes for sale and rent
- Housing units
- 3,975
- Owner-occupied
- 82.2%
- Renter-occupied
- 17.8%
- Vacant
- 38.1%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.58
38.1% of homes are vacant most of the year, a sign that Southold has many vacation and second homes.
Southold demographics
- Population
- 6,397
- Median age
- 48.6
- Under 18
- 23.3%
- 65 and older
- 24.8%
- Households
- 2,460
- Foreign-born
- 13.9%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Southold ›
Education in Southold
54.3% of adults 25 and older in Southold have a bachelor's degree or higher (New York: 40.2%), and 23.8% have a graduate or professional degree.
Jobs and commute in Southold
- Unemployment rate
- 6%State: 6.4%
- Average commute
- 27 minState: 33 min
- Work from home
- 15.3%
- Drive alone
- 62.8%
- Public transit
- 5.8%
- Walk to work
- 1.7%
- Homes with broadband
- 93%
Southold vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Southold | 6,397 | $128,822 | $844,700 | $2,237 |
| Peconic | 848 | $116,250 | $980,900 | $3,501 |
| Greenport West | 2,463 | $93,983 | $839,900 | $1,979 |
| Shelter Island Heights | 1,230 | $113,091 | $1,157,200 | — |
| Greenport | 2,574 | $81,094 | $961,200 | $2,104 |
| Cutchogue | 2,835 | $143,472 | $917,800 | $2,120 |
| New Suffolk | 298 | $130,875 | $1,060,000 | — |
| East Marion | 1,331 | $102,500 | $857,800 | — |
| North Haven | 967 | $154,653 | $1,916,700 | — |
More for people moving to Southold
Southold ZIP code ›Weather and climate ›Living in Southold: FAQ
What is the median household income in Southold, NY?
The median household income in Southold is $128,822, 50% 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 Southold?
The median home value in Southold is $844,700, compared with $423,800 in New York.
How much is rent in Southold?
The median gross rent in Southold is $2,237 per month, about 29.5% of household income.
Is Southold, NY a good place to live?
Pluses: median household income 50% higher than the New York median; an average commute of 27 minutes; unemployment of 6%; a poverty rate of 3.8%. Minuses: home values 99% higher than the state median.
What is the median age in Southold?
The median age in Southold is 48.6 years (New York: 39.8).
How long is the commute in Southold?
The average commute to work in Southold is 27 minutes; 15.3% of workers work from home.
What is the unemployment rate in Southold?
The unemployment rate in Southold is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Southold?
54.3% of adults in Southold 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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