Forest Home, NY
Population 1,164 · New York
About Forest Home, NY
Forest Home is a small community in New York with a population of 1,164 residents. The median household income is $59,107 per year, which is near the national average. The median age in Forest Home is 29.4 years.
Housing in Forest Home has a median home value of $496,900 and median monthly rent of $1,378. Of the 453 total housing units, renting is more common than owning, with 139 owner-occupied and 253 renter-occupied units.
The unemployment rate in Forest Home is 5.3% and the poverty rate is 6.7%. 95.0% of residents hold a bachelor's degree or higher. The average commute time is 20.1 minutes.
How Forest Home Ranks in New York
Cost of Living in Forest Home, NY
Compared to national averages, Forest Home has a median household income of $59,107 (21% below the national median of $75,149). Home values average $496,900, which is 103% above the national median. Monthly rent at $1,378 is 18% above the US average of $1,163. Within New York, Forest Home's income is 39% below the state average of $96,987, and home values are 28% above the state median of $387,181.
Why Live in Forest Home, NY?
Forest Home offers a well-educated community where 95.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.7%, better than the national average, and short commute times averaging just 20.1 minutes.
Potential considerations include median household income ($59,107) that falls below the national average, and a competitive housing market where the typical home costs $496,900. However, Forest Home’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Forest Home has a population of 1,164 with a median age of 29.4 years. Compare Forest Home with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Forest Home
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eatons Neck | 1,158 | $245,217 | $865,000 | Compare |
| Hillburn | 1,170 | $81,406 | $467,600 | Compare |
| Lake Luzerne | 1,171 | $53,594 | $198,300 | Compare |
| Cattaraugus | 1,153 | $59,145 | $73,100 | Compare |
| Orient | 1,152 | $88,293 | $923,500 | Compare |
| Hadley | 1,151 | $79,554 | $188,600 | Compare |
| Sparrow Bush | 1,178 | $55,820 | $215,300 | Compare |
| Newark Valley | 1,149 | $68,229 | $118,600 | 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 Forest Home
What is the population of Forest Home, NY?
The population of Forest Home, NY is 1,164 according to the latest Census data.
What is the median household income in Forest Home?
The median household income in Forest Home, NY is $59,107 per year.
What is the median home value in Forest Home?
The median home value in Forest Home, NY is $496,900.
What is the average rent in Forest Home?
The median monthly rent in Forest Home, NY is $1,378.
What is the unemployment rate in Forest Home?
The unemployment rate in Forest Home, NY is 5.3%.