Highland Falls, NY
Population 3,696 · New York
About Highland Falls, NY
Highland Falls is a small town located in New York with a population of 3,696 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,500 per year, which is 43% above the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Highland Falls features a median home value of $340,600, which is 39% above the national median of $244,900. This positions Highland Falls in a moderately priced market relative to the rest of the country. Median monthly rent is $1,731, 49% above the national average of $1,163/month. Of the 1,798 total housing units, 54% are owner-occupied (898 units) and 46% are renter-occupied (750 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Highland Falls shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Highland Falls have an average one-way commute time of 24.2 minutes.
Education & Demographics
37.0% of Highland Falls residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.1% Hispanic or Latino, 7.2% Black or African American, and 15.2% Asian residents, with 18.7% of the population being foreign-born.
Cost of Living in Highland Falls, NY
Compared to national averages, Highland Falls has a median household income of $107,500 (43% above the national median of $75,149). Home values average $340,600, which is 39% above the national median. Monthly rent at $1,731 is 49% above the US average of $1,163. Within New York, Highland Falls's income is 11% above the state average of $96,987, and home values are 12% below the state median of $387,181.
Why Live in Highland Falls, NY?
Highland Falls offers a strong local economy with a median household income of $107,500, well above the national average, and a well-educated community where 37.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.4%, better than the national average. Additionally, the city features short commute times averaging just 24.2 minutes.
Highland Falls has a population of 3,696 with a median age of 40.7 years. Compare Highland Falls with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Highland Falls
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Haviland | 3,694 | $86,806 | $268,500 | Compare |
| Highland-on-the-Lake | 3,701 | $85,616 | $168,400 | Compare |
| Montrose | 3,702 | $143,496 | $439,900 | Compare |
| Westhampton | 3,702 | $131,125 | $980,400 | Compare |
| Setauket | 3,687 | $202,339 | $708,100 | Compare |
| Wynantskill | 3,675 | $107,045 | $286,900 | Compare |
| Putnam Lake | 3,673 | $105,284 | $308,600 | Compare |
| Balmville | 3,725 | $107,204 | $359,600 | 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.
Compare Highland Falls With Other Cities
Frequently Asked Questions about Highland Falls
What is the population of Highland Falls, NY?
The population of Highland Falls, NY is 3,696 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Highland Falls?
The median household income in Highland Falls, NY is $107,500 per year, which is 43% above the national median of $75,149.
What is the median home value in Highland Falls?
The median home value in Highland Falls, NY is $340,600, which is 39% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Highland Falls?
The median monthly rent in Highland Falls, NY is $1,731, which is 49% above the national average of $1,163/month.
What is the unemployment rate in Highland Falls?
The unemployment rate in Highland Falls, NY is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Highland Falls, NY a good place to live?
Highland Falls offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,696 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Highland Falls, NY?
37.0% of residents in Highland Falls 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 Highland Falls?
Key cost-of-living indicators for Highland Falls, NY: median home value is $340,600 (39% above national), median rent is $1,731/month, and median household income is $107,500. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Highland Falls?
The poverty rate in Highland Falls, NY is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Highland Falls, NY?
Highland Falls's population is 0.0% White, 0.1% Hispanic or Latino, 7.2% Black or African American, 15.2% Asian, and 21.8% two or more races. 18.7% of residents are foreign-born.