Centre Island, NY
Population 308 · New York
About Centre Island, NY
Centre Island is a small community located in New York with a population of 308 residents according to the latest US Census Bureau American Community Survey data. The median household income is $213,542 per year, which is 184% above the national median of $75,149. The median age of 58.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Centre Island features a median home value of $1,652,800, which is 575% above the national median of $244,900. This places Centre Island in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 192 total housing units, 93% are owner-occupied (120 units) and 7% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Centre Island shows an unemployment rate of 5.1%, which is near the national rate of 3.7%. The poverty rate stands at 16.2%, above the national average of 12.4%. Workers in Centre Island have an average one-way commute time of 44.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
62.7% of Centre Island residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 1.6% Hispanic or Latino, 5.5% Black or African American, and 3.6% Asian residents, with 17.2% of the population being foreign-born.
How Centre Island Ranks in New York
Cost of Living in Centre Island, NY
Compared to national averages, Centre Island has a median household income of $213,542 (184% above the national median of $75,149). Home values average $1,652,800, which is 575% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Centre Island's income is 120% above the state average of $96,987, and home values are 327% above the state median of $387,181.
Why Live in Centre Island, NY?
Centre Island offers a strong local economy with a median household income of $213,542, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 62.7% of residents hold a bachelor’s degree or higher.
Potential considerations include a competitive housing market where the typical home costs $1,652,800. However, Centre Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Centre Island has a population of 308 with a median age of 58.8 years. Compare Centre Island with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Centre Island
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Holland Patent | 307 | $78,750 | $194,400 | Compare |
| Cementon | 305 | $58,920 | $111,700 | Compare |
| Turin | 312 | $100,560 | $113,700 | Compare |
| Lake Huntington | 303 | $0 | $385,700 | Compare |
| Lodi | 302 | $50,909 | $102,900 | Compare |
| Hammond | 317 | $52,833 | $93,800 | Compare |
| Dresden | 318 | $68,571 | $108,000 | Compare |
| Springfield Center | 297 | $60,208 | $125,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Centre Island
What is the population of Centre Island, NY?
The population of Centre Island, NY is 308 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Centre Island?
The median household income in Centre Island, NY is $213,542 per year, which is 184% above the national median of $75,149.
What is the median home value in Centre Island?
The median home value in Centre Island, NY is $1,652,800, which is 575% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Centre Island?
The median monthly rent in Centre Island, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Centre Island?
The unemployment rate in Centre Island, NY is 5.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Centre Island, NY a good place to live?
Centre Island offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 308 and a median age of 58.8, the city appeals to established professionals and retirees.
How educated is Centre Island, NY?
62.7% of residents in Centre Island aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Centre Island?
Key cost-of-living indicators for Centre Island, NY: median home value is $1,652,800 (575% above national), median rent is $0/month, and median household income is $213,542. The home-value-to-income ratio is 7.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Centre Island?
The poverty rate in Centre Island, NY is 16.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Centre Island, NY?
Centre Island's population is 0.0% White, 1.6% Hispanic or Latino, 5.5% Black or African American, 3.6% Asian, and 0.0% two or more races. 17.2% of residents are foreign-born.