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CITY

Locust Valley

New York · 4,153 residents · 0.906 sq mi
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The short version

Locust Valley is significantly wealthier than the US average, with a median household income of $152,472. Population has grown 18% since 2000. 61% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2000, reaching $846,500. Poverty is rare here, at 2.5% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.9
US median: 38.9
More educated
61% hold a bachelor's degree
US average: 36%
Less affordable
home values up 53%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,153
+18%since 2000
from 3,521 in 2000
1990 – 2024
Population density
4,584 / sq mi
+18%since 2000
from 3,886 / sq mi in 2000
US average: 281
Median age
41.9
+9%since 2000
from 38.3 in 2000
US average: 38.9
Population, 1990 – 2024
3K3K4K4K4K1990201020202024Locust Valley
20244K
1990201020202024
Section 02

Income & economy

Median household income
$152,472
+46%inflation adjusted, since 2000
from $57,418 in 2000
US average: $82,259
1990 – 2024
Per capita income
$83,680
+108%since 2000
from $40,141 in 2000
US average: $44,673
Households earning $100K+
74.8%
+15.0 ptssince 2009
from 59.7% in 2009
US average: 53.3%
Poverty rate
2.5%
−3.9 ptssince 2000
from 6.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.540
+33%since 2010
from 0.407 in 2010
US average: 0.476
Workforce by industry, 2024
Other services16.6%
US avg: 6.7%
Public administration12.5%
US avg: 4.8%
Wholesale trade9.5%
US avg: 6.9%
Information7.7%
US avg: 10.8%
Retail trade3.9%
US avg: 9.9%
Transportation & warehousing1.7%
US avg: 2.2%
Arts, entertainment, food0.7%
US avg: 1.9%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Construction0.6%
US avg: 1.2%
Finance & insurance0.5%
US avg: 5.9%
Professional, scientific, technical0.5%
US avg: 5.1%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$846,500
+53%inflation adjusted, since 2000
from $304,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$2,324
+34%inflation adjusted, since 2000
from $950 in 2000
US average: $1,442
Owner-occupied
86.1%
+13.3 ptssince 2000
from 72.9% in 2000
13.9% rent
Vacancy rate
1.0%
−9.9 ptssince 2009
from 10.9% in 2009
US average: 10.0%
Owner cost-burdened
36.6%
−11.5 ptssince 2009
from 48.1% in 2009
US average: 22.9%
Renter cost-burdened
62.8%
−5.4 ptssince 2009
from 68.1% in 2009
US average: 47.4%
Afford Score
5.6
+5%since 2000
from 5.3 in 2000
1990 – 2024
Gentrification Score
60
RELATED:See current rent listings in Locust Valley on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic78.8%(2,773)
Black3.6%(127)
Hispanic / Latino14.5%(512)
Asian2%(70)
Other0%
Diversity Score42.8%(1,507)
2024
White, non-Hispanic71.7%(2,979)
Black0.4%(15)
Hispanic / Latino16.6%(690)
Asian7.9%(327)
Other3.4%(142)
Diversity Score56.3%(2,339)
Diversity Score
56
+32%since 2000
from 43 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
60.9%
+28.8 ptssince 2000
from 32.1% in 2000
US average: 35.6%
High school or higher
83.8%
−2.6 ptssince 2000
from 86.4% in 2000
US average: 89.6%
Graduate degree
31.1%
+20.3 ptssince 2000
from 10.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.8 min
+53%since 2000
from 21.4 min in 2000
US average: 26.5
Drive alone to work
60.0%
−16.5 ptssince 2009
from 76.5% in 2009
US average: 68.9%
Carpooled to work
3.3%
+1.9 ptssince 2009
from 1.4% in 2009
US average: 8.5%
Public transit
13.1%
+1.2 ptssince 2009
from 11.9% in 2009
US average: 3.2%
Worked from home
21.0%
+14.0 ptssince 2009
from 6.9% in 2009
US average: 15.0%
Walked to work
0.6%
−0.7 ptssince 2009
from 1.3% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
1.0%
−2.5 ptssince 2009
from 3.5% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.0%
−5.4 ptssince 2011
from 10.4% in 2011
US average: 5.2%
Labor force participation
60.2%
−8.9 ptssince 2011
from 69.1% in 2011
US average: 63.5%
Self-employed
15.0%
−0.1 ptssince 2009
from 15.1% in 2009
US average: 13.1%
Management & professional
63.0%
+2.3 ptssince 2009
from 60.7% in 2009
US average: 42.5%
Section 08

People & community

Male
56.1%
+7.6 ptssince 2009
from 48.5% in 2009
Female
43.9%
−7.6 ptssince 2009
from 51.5% in 2009
Foreign born
16.7%
−1.1 ptssince 2009
from 17.7% in 2009
US average: 14.1%
Veterans
5.3%
−44.4 ptssince 2009
from 49.7% in 2009
US average: 6.2%
With a disability
7.4%
−2.0 ptssince 2012
from 9.4% in 2012
US average: 13.3%
Uninsured
4.5%
−89.2 ptssince 2013
from 93.7% in 2013
US average: 8.4%
Broadband at home
89.8%
+9.8 ptssince 2017
from 80.0% in 2017
US average: 91.0%
English only at home
76.1%
+0.8 ptssince 2016
from 75.3% in 2016
US average: 77.7%
Spanish at home
9.3%
−6.9 ptssince 2016
from 16.2% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Locust Valley to nearby cities

LOCUST VALLEY VS
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Income$92,064−40%
Home value$698,900−17%
Population28,190+579%
SEE FULL COMPARISON →
LOCUST VALLEY VS
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Income$170,127+12%
Home value$1,003,200+19%
Population18,004+334%
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LOCUST VALLEY VS
Jericho
Income$167,935+10%
Home value$948,400+12%
Population13,759+231%
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LOCUST VALLEY VS
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Income$239,815+57%
Home value$1,819,900+115%
Population16,614+300%
SEE FULL COMPARISON →
Frequently asked

How many people live in Locust Valley, New York?

Locust Valley, New York has about 4,153 residents according to the 2024 American Community Survey.

What is the median household income in Locust Valley, New York?

The typical household in Locust Valley, New York earns about $152,472 a year. Half of households make more than that, and half make less.

Is Locust Valley, New York expensive?

In Locust Valley, New York, the median home is worth about $846,500, and the typical rent is about $2,324 a month.

How educated are people in Locust Valley, New York?

About 60.9% of adults age 25 and over in Locust Valley, New York hold a bachelor's degree or higher.

What is the poverty rate in Locust Valley, New York?

About 2.5% of people in Locust Valley, New York live below the federal poverty line.

Has Locust Valley, New York grown since 1990?

Yes, Locust Valley, New York has grown since 1990. The population has added about 190 residents, a change of about 5 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Locust Valley, New York: demographics, income & housing data · CensusEasy