Living in Springs, New York
Cost of living, income, home prices, rent and demographics of Springs · Census data 2020–2024
Springs has 9,163 residents with a median age of 46.7. The median household income is $144,836 (68% higher than the New York median), the median home value is $948,500, the median rent is $3,332/month.
Springs at a glance
- Population
- 9,163
- Median age
- 46.7State: 39.8
- Median household income
- $144,836State: $85,974
- Median home value
- $948,500State: $423,800
- Median rent
- $3,332/moState: $1,621
- Homeowners
- 74.7%
- Bachelor's degree or higher
- 53%
- Average commute
- 21 min
Is Springs a good place to live?
Pros: Median household income 68% higher than the New York median; an average commute of 21 minutes; unemployment of 2.5%; a poverty rate of 9.8%.
Cons: Home values 124% higher than the state median.
The weather is best in June to September.
Cost of living in Springs
Housing is the biggest part of the cost of living. In Springs the median home value is $948,500, 185% higher than the U.S. median. Renters pay a median of $3,332 per month, which is 44.3% of household income. Homeowners with a mortgage pay $3,561 a month in housing costs.
Springs median household income
The median household income in Springs is $144,836 and the income per person is $77,996. 9.8% of residents live below the poverty line (New York: 14%).
Housing in Springs: homes for sale and rent
- Housing units
- 5,187
- Owner-occupied
- 74.7%
- Renter-occupied
- 25.3%
- Vacant
- 30.2%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.53
30.2% of homes are vacant most of the year, a sign that Springs has many vacation and second homes.
Springs demographics
- Population
- 9,163
- Median age
- 46.7
- Under 18
- 14.7%
- 65 and older
- 24.2%
- Households
- 3,623
- Foreign-born
- 27%
- Veterans
- 2.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Springs ›
Education in Springs
53% of adults 25 and older in Springs have a bachelor's degree or higher (New York: 40.2%), and 28.6% have a graduate or professional degree.
Jobs and commute in Springs
- Unemployment rate
- 2.5%State: 6.4%
- Average commute
- 21 minState: 33 min
- Work from home
- 25.7%
- Drive alone
- 55.9%
- Public transit
- 4.8%
- Walk to work
- 4.5%
- Homes with broadband
- 92.1%
Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Springs | 9,163 | $144,836 | $948,500 | $3,332 |
| Northwest Harbor | 5,205 | $160,375 | $1,573,300 | $1,807 |
| Amagansett | 821 | $166,875 | $1,671,900 | — |
| East Hampton North | 6,006 | $109,035 | $1,077,000 | $1,964 |
| East Hampton | 1,297 | $106,250 | $2,000,001 | $2,620 |
| Sag Harbor | 2,489 | $129,821 | $1,615,900 | $3,501 |
| Wainscott | 612 | $130,833 | $2,000,001 | — |
| Shelter Island | 2,125 | $165,734 | $1,025,400 | — |
| North Haven | 967 | $154,653 | $1,916,700 | — |
More for people moving to Springs
Springs ZIP code ›Weather and climate ›Living in Springs: FAQ
What is the median household income in Springs, NY?
The median household income in Springs is $144,836, 68% 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 Springs?
The median home value in Springs is $948,500, compared with $423,800 in New York.
How much is rent in Springs?
The median gross rent in Springs is $3,332 per month, about 44.3% of household income.
Is Springs, NY a good place to live?
Pluses: median household income 68% higher than the New York median; an average commute of 21 minutes; unemployment of 2.5%; a poverty rate of 9.8%. Minuses: home values 124% higher than the state median.
What is the median age in Springs?
The median age in Springs is 46.7 years (New York: 39.8).
How long is the commute in Springs?
The average commute to work in Springs is 21 minutes; 25.7% of workers work from home.
What is the unemployment rate in Springs?
The unemployment rate in Springs is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Springs?
53% of adults in Springs 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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