Manhasset Hills, NY
Population 3,789 · New York
About Manhasset Hills, NY
Manhasset Hills is a small town located in New York with a population of 3,789 residents according to the latest US Census Bureau American Community Survey data. The median household income is $192,198 per year, which is 156% above the national median of $75,149. The median age of 43.5 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 Manhasset Hills features a median home value of $1,059,800, which is 333% above the national median of $244,900. This places Manhasset Hills in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $3,213, 176% above the national average of $1,163/month. Of the 1,219 total housing units, 90% are owner-occupied (1,040 units) and 10% are renter-occupied (121 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Manhasset Hills shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Manhasset Hills have an average one-way commute time of 32.8 minutes.
Education & Demographics
60.3% of Manhasset Hills 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, 1.3% Hispanic or Latino, 7.5% Black or African American, and 7.2% Asian residents, with 33.0% of the population being foreign-born.
Cost of Living in Manhasset Hills, NY
Compared to national averages, Manhasset Hills has a median household income of $192,198 (156% above the national median of $75,149). Home values average $1,059,800, which is 333% above the national median. Monthly rent at $3,213 is 176% above the US average of $1,163. Within New York, Manhasset Hills's income is 98% above the state average of $96,987, and home values are 174% above the state median of $387,181.
Why Live in Manhasset Hills, NY?
Manhasset Hills offers a strong local economy with a median household income of $192,198, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a well-educated community where 60.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,059,800. However, Manhasset Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Manhasset Hills has a population of 3,789 with a median age of 43.5 years. Compare Manhasset Hills with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Manhasset Hills
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Montgomery | 3,800 | $88,348 | $345,700 | Compare |
| Glenwood Landing | 3,776 | $126,628 | $861,000 | Compare |
| Catskill | 3,803 | $73,906 | $228,700 | Compare |
| Sloan | 3,757 | $69,954 | $120,000 | Compare |
| Owego | 3,823 | $57,240 | $143,000 | Compare |
| Lansing | 3,837 | $75,901 | $403,900 | Compare |
| South Glens Falls | 3,739 | $57,865 | $189,800 | 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 Manhasset Hills With Other Cities
Frequently Asked Questions about Manhasset Hills
What is the population of Manhasset Hills, NY?
The population of Manhasset Hills, NY is 3,789 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 Manhasset Hills?
The median household income in Manhasset Hills, NY is $192,198 per year, which is 156% above the national median of $75,149.
What is the median home value in Manhasset Hills?
The median home value in Manhasset Hills, NY is $1,059,800, which is 333% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Manhasset Hills?
The median monthly rent in Manhasset Hills, NY is $3,213, which is 176% above the national average of $1,163/month.
What is the unemployment rate in Manhasset Hills?
The unemployment rate in Manhasset Hills, NY is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Manhasset Hills, NY a good place to live?
Manhasset Hills offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,789 and a median age of 43.5, the city appeals to a broad range of residents.
How educated is Manhasset Hills, NY?
60.3% of residents in Manhasset Hills 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 Manhasset Hills?
Key cost-of-living indicators for Manhasset Hills, NY: median home value is $1,059,800 (333% above national), median rent is $3,213/month, and median household income is $192,198. The home-value-to-income ratio is 5.5x, a moderate figure by national standards.
What is the poverty rate in Manhasset Hills?
The poverty rate in Manhasset Hills, NY is 1.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Manhasset Hills, NY?
Manhasset Hills's population is 0.0% White, 1.3% Hispanic or Latino, 7.5% Black or African American, 7.2% Asian, and 0.0% two or more races. 33.0% of residents are foreign-born.