Hyde Park, NY
Population 2,100 · New York
About Hyde Park, NY
Hyde Park is a small town located in New York with a population of 2,100 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,346 per year, which is 15% above the national median of $75,149. The median age of 44.1 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 Hyde Park features a median home value of $287,400, which is 17% above the national median of $244,900. This positions Hyde Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,040, 11% below the national average of $1,163/month. Of the 987 total housing units, 75% are owner-occupied (701 units) and 25% are renter-occupied (239 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hyde Park shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 11.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hyde Park have an average one-way commute time of 34.6 minutes.
Education & Demographics
39.7% of Hyde Park 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, 0.0% Hispanic or Latino, 4.6% Black or African American, and 0.8% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Hyde Park, NY
Compared to national averages, Hyde Park has a median household income of $86,346 (15% above the national median of $75,149). Home values average $287,400, which is 17% above the national median. Monthly rent at $1,040 is 11% below the US average of $1,163. Within New York, Hyde Park's income is 11% below the state average of $96,987, and home values are 26% below the state median of $387,181.
Why Live in Hyde Park, NY?
Hyde Park offers a strong local economy with a median household income of $86,346, well above the national average, and rent that’s lower than the national average at $1,040/month, and a well-educated community where 39.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.4%, better than the national average.
Hyde Park has a population of 2,100 with a median age of 44.1 years. Compare Hyde Park with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Hyde Park
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Falconer | 2,103 | $50,231 | $85,700 | Compare |
| Cooperstown | 2,113 | $70,179 | $376,200 | Compare |
| Nedrow | 2,086 | $88,958 | $104,800 | Compare |
| Frewsburg | 2,083 | $58,981 | $115,700 | Compare |
| Bedford | 2,118 | $250,001 | $1,125,600 | Compare |
| Red Hook | 2,119 | $104,022 | $344,300 | Compare |
| Apalachin | 2,076 | $79,919 | $160,800 | Compare |
| Clifton Springs | 2,124 | $62,500 | $163,900 | 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 Hyde Park
What is the population of Hyde Park, NY?
The population of Hyde Park, NY is 2,100 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 Hyde Park?
The median household income in Hyde Park, NY is $86,346 per year, which is 15% above the national median of $75,149.
What is the median home value in Hyde Park?
The median home value in Hyde Park, NY is $287,400, which is 17% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hyde Park?
The median monthly rent in Hyde Park, NY is $1,040, which is 11% below the national average of $1,163/month.
What is the unemployment rate in Hyde Park?
The unemployment rate in Hyde Park, NY is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hyde Park, NY a good place to live?
Hyde Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,100 and a median age of 44.1, the city appeals to a broad range of residents.
How educated is Hyde Park, NY?
39.7% of residents in Hyde Park 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 Hyde Park?
Key cost-of-living indicators for Hyde Park, NY: median home value is $287,400 (17% above national), median rent is $1,040/month, and median household income is $86,346. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hyde Park?
The poverty rate in Hyde Park, NY is 11.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hyde Park, NY?
Hyde Park's population is 0.0% White, 0.0% Hispanic or Latino, 4.6% Black or African American, 0.8% Asian, and 7.4% two or more races. 2.5% of residents are foreign-born.