Islip Terrace, NY
Population 5,223 · New York
About Islip Terrace, NY
Islip Terrace is a small community in New York with a population of 5,223 residents. The median household income is $155,741 per year, which is above the national average. The median age in Islip Terrace is 41.9 years.
Housing in Islip Terrace has a median home value of $479,800 and median monthly rent of $2,712. Of the 1,821 total housing units, the majority are owner-occupied, with 1,579 owner-occupied and 157 renter-occupied units.
The unemployment rate in Islip Terrace is 0.3% and the poverty rate is 3.4%. 33.7% of residents hold a bachelor's degree or higher. The average commute time is 30.3 minutes.
How Islip Terrace Ranks in New York
Cost of Living in Islip Terrace, NY
Compared to national averages, Islip Terrace has a median household income of $155,741 (107% above the national median of $75,149). Home values average $479,800, which is 96% above the national median. Monthly rent at $2,712 is 133% above the US average of $1,163. Within New York, Islip Terrace's income is 61% above the state average of $96,987, and home values are 24% above the state median of $387,181.
Why Live in Islip Terrace, NY?
Islip Terrace offers a strong local economy with a median household income of $155,741, well above the national average, and a strong job market with an unemployment rate of just 0.3%, and a low poverty rate of 3.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $479,800. However, Islip Terrace’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Islip Terrace has a population of 5,223 with a median age of 41.9 years. Compare Islip Terrace with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Islip Terrace
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elmsford | 5,183 | $116,779 | $568,000 | Compare |
| Wheatley Heights | 5,266 | $127,589 | $500,900 | Compare |
| Firthcliffe | 5,268 | $98,801 | $345,700 | Compare |
| Westvale | 5,293 | $101,326 | $189,100 | Compare |
| Mechanicville | 5,143 | $47,331 | $185,900 | Compare |
| West Hills | 5,138 | $183,375 | $737,800 | Compare |
| Saranac Lake | 5,099 | $60,494 | $188,900 | Compare |
| Carle Place | 5,094 | $130,063 | $743,800 | 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 Islip Terrace
What is the population of Islip Terrace, NY?
The population of Islip Terrace, NY is 5,223 according to the latest Census data.
What is the median household income in Islip Terrace?
The median household income in Islip Terrace, NY is $155,741 per year.
What is the median home value in Islip Terrace?
The median home value in Islip Terrace, NY is $479,800.
What is the average rent in Islip Terrace?
The median monthly rent in Islip Terrace, NY is $2,712.
What is the unemployment rate in Islip Terrace?
The unemployment rate in Islip Terrace, NY is 0.3%.