Peekskill, NY
Population 25,484 · New York
About Peekskill, NY
Peekskill is a mid-sized city located in New York with a population of 25,484 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,042 per year, which is 21% above the national median of $75,149. The median age of 40.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Peekskill features a median home value of $376,800, which is 54% above the national median of $244,900. This places Peekskill in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,895, 63% above the national average of $1,163/month. Of the 11,752 total housing units, 58% are owner-occupied (6,308 units) and 42% are renter-occupied (4,498 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Peekskill shows an unemployment rate of 7.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Peekskill have an average one-way commute time of 39.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
37.9% of Peekskill 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 1.3% White, 3.1% Hispanic or Latino, 10.1% Black or African American, and 31.9% Asian residents, with 27.2% of the population being foreign-born.
Cost of Living in Peekskill, NY
Compared to national averages, Peekskill has a median household income of $91,042 (21% above the national median of $75,149). Home values average $376,800, which is 54% above the national median. Monthly rent at $1,895 is 63% above the US average of $1,163. Within New York, Peekskill's income is 6% below the state average of $96,987, and home values are 3% below the state median of $387,181.
Why Live in Peekskill, NY?
Peekskill offers a strong local economy with a median household income of $91,042, well above the national average, and a well-educated community where 37.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $376,800. However, Peekskill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Peekskill has a population of 25,484 with a median age of 40.9 years. Compare Peekskill with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Peekskill
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Medford | 25,681 | $128,631 | $444,500 | Compare |
| Rockville Centre | 25,770 | $144,516 | $796,100 | Compare |
| Dix Hills | 25,042 | $219,636 | $891,400 | Compare |
| Smithtown | 24,940 | $148,852 | $661,400 | Compare |
| Plainview | 26,251 | $185,531 | $729,100 | Compare |
| Holbrook | 26,256 | $139,116 | $504,100 | Compare |
| Elmira | 26,349 | $43,089 | $88,200 | Compare |
| Watertown | 24,574 | $49,692 | $149,800 | 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.
Compare Peekskill With Other Cities
Frequently Asked Questions about Peekskill
What is the population of Peekskill, NY?
The population of Peekskill, NY is 25,484 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New York.
What is the median household income in Peekskill?
The median household income in Peekskill, NY is $91,042 per year, which is 21% above the national median of $75,149.
What is the median home value in Peekskill?
The median home value in Peekskill, NY is $376,800, which is 54% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Peekskill?
The median monthly rent in Peekskill, NY is $1,895, which is 63% above the national average of $1,163/month.
What is the unemployment rate in Peekskill?
The unemployment rate in Peekskill, NY is 7.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Peekskill, NY a good place to live?
Peekskill offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 25,484 and a median age of 40.9, the city appeals to a broad range of residents.
How educated is Peekskill, NY?
37.9% of residents in Peekskill 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 Peekskill?
Key cost-of-living indicators for Peekskill, NY: median home value is $376,800 (54% above national), median rent is $1,895/month, and median household income is $91,042. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Peekskill?
The poverty rate in Peekskill, NY is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Peekskill, NY?
Peekskill's population is 1.3% White, 3.1% Hispanic or Latino, 10.1% Black or African American, 31.9% Asian, and 17.4% two or more races. 27.2% of residents are foreign-born.