New Suffolk, NY
Population 293 · New York
About New Suffolk, NY
New Suffolk is a small community located in New York with a population of 293 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,500 per year, which is 62% above the national median of $75,149. The median age of 60.2 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 New Suffolk features a median home value of $1,033,700, which is 322% above the national median of $244,900. This places New Suffolk in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 291 total housing units, 87% are owner-occupied (123 units) and 13% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Suffolk shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Suffolk have an average one-way commute time of 55.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
68.6% of New Suffolk 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, 0.7% Hispanic or Latino, 0.0% Black or African American, and 6.1% Asian residents, with 7.8% of the population being foreign-born.
Cost of Living in New Suffolk, NY
Compared to national averages, New Suffolk has a median household income of $121,500 (62% above the national median of $75,149). Home values average $1,033,700, which is 322% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, New Suffolk's income is 25% above the state average of $96,987, and home values are 167% above the state median of $387,181.
Why Live in New Suffolk, NY?
New Suffolk offers a strong local economy with a median household income of $121,500, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 68.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,033,700. However, New Suffolk’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Suffolk has a population of 293 with a median age of 60.2 years. Compare New Suffolk with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near New Suffolk
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mountain Dale | 289 | $0 | $153,600 | Compare |
| Springfield Center | 297 | $60,208 | $125,000 | Compare |
| Upper Red Hook | 285 | $126,042 | $418,300 | Compare |
| Hortonville | 284 | $98,750 | $184,100 | Compare |
| Lodi | 302 | $50,909 | $102,900 | Compare |
| Lake Huntington | 303 | $0 | $385,700 | Compare |
| Sagaponack | 282 | $95,417 | $2,000,001 | Compare |
| Cementon | 305 | $58,920 | $111,700 | 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 New Suffolk
What is the population of New Suffolk, NY?
The population of New Suffolk, NY is 293 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in New Suffolk?
The median household income in New Suffolk, NY is $121,500 per year, which is 62% above the national median of $75,149.
What is the median home value in New Suffolk?
The median home value in New Suffolk, NY is $1,033,700, which is 322% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Suffolk?
The median monthly rent in New Suffolk, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Suffolk?
The unemployment rate in New Suffolk, NY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Suffolk, NY a good place to live?
New Suffolk offers above-average incomes, a competitive housing market, and a strong job market. With a population of 293 and a median age of 60.2, the city appeals to established professionals and retirees.
How educated is New Suffolk, NY?
68.6% of residents in New Suffolk 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 New Suffolk?
Key cost-of-living indicators for New Suffolk, NY: median home value is $1,033,700 (322% above national), median rent is $0/month, and median household income is $121,500. The home-value-to-income ratio is 8.5x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in New Suffolk?
The poverty rate in New Suffolk, NY is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is New Suffolk, NY?
New Suffolk's population is 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 6.1% Asian, and 0.0% two or more races. 7.8% of residents are foreign-born.