Lawrence, NY
Population 6,771 · New York
About Lawrence, NY
Lawrence is a small town located in New York with a population of 6,771 residents according to the latest US Census Bureau American Community Survey data. The median household income is $174,787 per year, which is 133% above the national median of $75,149. The median age of 34.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lawrence features a median home value of $1,231,800, which is 403% above the national median of $244,900. This places Lawrence in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,188, 88% above the national average of $1,163/month. Of the 2,183 total housing units, 82% are owner-occupied (1,639 units) and 18% are renter-occupied (359 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lawrence shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 1.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lawrence have an average one-way commute time of 43.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
73.6% of Lawrence 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 2.6% Asian residents, with 15.7% of the population being foreign-born.
Cost of Living in Lawrence, NY
Compared to national averages, Lawrence has a median household income of $174,787 (133% above the national median of $75,149). Home values average $1,231,800, which is 403% above the national median. Monthly rent at $2,188 is 88% above the US average of $1,163. Within New York, Lawrence's income is 80% above the state average of $96,987, and home values are 218% above the state median of $387,181.
Why Live in Lawrence, NY?
Lawrence offers a strong local economy with a median household income of $174,787, well above the national average, and a well-educated community where 73.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,231,800. However, Lawrence’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lawrence has a population of 6,771 with a median age of 34.8 years. Compare Lawrence with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Lawrence
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| University at Buffalo | 6,776 | $0 | $0 | Compare |
| Bayville | 6,744 | $143,571 | $670,500 | Compare |
| South Hill | 6,805 | $112,437 | $335,100 | Compare |
| North Syracuse | 6,727 | $66,158 | $150,300 | Compare |
| Tappan | 6,704 | $177,143 | $602,200 | Compare |
| Walden | 6,871 | $89,652 | $328,300 | Compare |
| Norwich | 6,880 | $51,713 | $123,100 | Compare |
| Roslyn Heights | 6,881 | $186,696 | $941,300 | 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 Lawrence With Other Cities
Frequently Asked Questions about Lawrence
What is the population of Lawrence, NY?
The population of Lawrence, NY is 6,771 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 Lawrence?
The median household income in Lawrence, NY is $174,787 per year, which is 133% above the national median of $75,149.
What is the median home value in Lawrence?
The median home value in Lawrence, NY is $1,231,800, which is 403% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lawrence?
The median monthly rent in Lawrence, NY is $2,188, which is 88% above the national average of $1,163/month.
What is the unemployment rate in Lawrence?
The unemployment rate in Lawrence, NY is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lawrence, NY a good place to live?
Lawrence offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,771 and a median age of 34.8, the city appeals to young professionals and families.
How educated is Lawrence, NY?
73.6% of residents in Lawrence 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 Lawrence?
Key cost-of-living indicators for Lawrence, NY: median home value is $1,231,800 (403% above national), median rent is $2,188/month, and median household income is $174,787. The home-value-to-income ratio is 7.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Lawrence?
The poverty rate in Lawrence, NY is 1.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lawrence, NY?
Lawrence's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 2.6% Asian, and 0.1% two or more races. 15.7% of residents are foreign-born.