Living in Tuxedo Park, New York

Cost of living, income, home prices, rent and demographics of Tuxedo Park · Census data 2020–2024

Tuxedo Park has 740 residents with a median age of 52.5. The median household income is $250,001 (191% higher than the New York median), the median home value is $2,000,001, the median rent is $1,850/month.

Tuxedo Park is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Tuxedo Park at a glance

Population
740
Median age
52.5State: 39.8
Median household income
$250,001State: $85,974
Median home value
$2,000,001State: $423,800
Median rent
$1,850/moState: $1,621
Homeowners
91.4%
Bachelor's degree or higher
87.4%
Average commute
40 min

Is Tuxedo Park a good place to live?

Pros: Median household income 191% higher than the New York median; unemployment of 1.6%; a poverty rate of 1.8%.

Cons: Home values 372% higher than the state median; an average commute of 40 minutes.

The weather is best in June to September.

Cost of living in Tuxedo Park

Housing is the biggest part of the cost of living. In Tuxedo Park the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of $1,850 per month, which is 47.5% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Tuxedo Park$2,000,001
New York$423,800
United States$332,700

Median monthly rent

Tuxedo Park$1,850
New York$1,621
United States$1,413

Tuxedo Park median household income

The median household income in Tuxedo Park is $250,001 and the income per person is $374,725. 1.8% of residents live below the poverty line (New York: 14%).

Median household income

Tuxedo Park$250,001
New York$85,974
United States$80,734

Housing in Tuxedo Park: homes for sale and rent

Housing units
494
Owner-occupied
91.4%
Renter-occupied
8.6%
Vacant
15.6%Includes seasonal homes
Median year built
1938
Average household size
1.77

Tuxedo Park demographics

Population
740
Median age
52.5
Under 18
9.9%
65 and older
28.1%
Households
417
Foreign-born
12.3%
Veterans
2.4%Adults 18+

Race and ethnicity

White73.4%
Hispanic or Latino7.3%
Black0%
Asian2%

Hispanic or Latino can be of any race. Population history of Tuxedo Park ›

Education in Tuxedo Park

87.4% of adults 25 and older in Tuxedo Park have a bachelor's degree or higher (New York: 40.2%), and 58.2% have a graduate or professional degree.

Bachelor's degree or higher

Tuxedo Park87.4%
New York40.2%
United States35.7%

Jobs and commute in Tuxedo Park

Unemployment rate
1.6%State: 6.4%
Average commute
40 minState: 33 min
Work from home
50.2%
Drive alone
26.5%
Public transit
10.6%
Walk to work
6.3%
Homes with broadband
98.6%

Tuxedo Park vs nearby towns

TownPopulationMedian incomeHome valueRent
Tuxedo Park740$250,001$2,000,001$1,850
Sloatsburg3,038$108,043$430,800$2,184
Tuxedo3,023$109,205$577,100$1,611
Greenwood Lake3,020$72,902$340,100$1,385
Hillburn1,289$90,917$487,000$2,193
Hewitt2,417$189,188$466,600$2,293
Suffern11,441$104,607$382,100$2,091
Montebello4,673$133,750$847,100$2,380
Ringwood11,657$152,414$449,800$1,750

More for people moving to Tuxedo Park

Tuxedo Park ZIP code ›Weather and climate ›

Living in Tuxedo Park: FAQ

What is the median household income in Tuxedo Park, NY?

The median household income in Tuxedo Park is $250,001, 191% 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 Tuxedo Park?

The median home value in Tuxedo Park is $2,000,001, compared with $423,800 in New York.

How much is rent in Tuxedo Park?

The median gross rent in Tuxedo Park is $1,850 per month, about 47.5% of household income.

Is Tuxedo Park, NY a good place to live?

Pluses: median household income 191% higher than the New York median; unemployment of 1.6%; a poverty rate of 1.8%. Minuses: home values 372% higher than the state median; an average commute of 40 minutes.

What is the median age in Tuxedo Park?

The median age in Tuxedo Park is 52.5 years (New York: 39.8).

How long is the commute in Tuxedo Park?

The average commute to work in Tuxedo Park is 40 minutes; 50.2% of workers work from home.

What is the unemployment rate in Tuxedo Park?

The unemployment rate in Tuxedo Park is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Tuxedo Park?

87.4% of adults in Tuxedo Park 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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