Piermont, NY
Population 2,434 · New York
About Piermont, NY
Piermont is a small town located in New York with a population of 2,434 residents according to the latest US Census Bureau American Community Survey data. The median household income is $130,263 per year, which is 73% above the national median of $75,149. The median age of 50.9 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 Piermont features a median home value of $615,700, which is 151% above the national median of $244,900. This places Piermont in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,964, 69% above the national average of $1,163/month. Of the 1,373 total housing units, 62% are owner-occupied (716 units) and 38% are renter-occupied (434 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Piermont shows an unemployment rate of 6.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Piermont have an average one-way commute time of 36.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
64.6% of Piermont 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, 2.9% Black or African American, and 1.8% Asian residents, with 12.0% of the population being foreign-born.
Cost of Living in Piermont, NY
Compared to national averages, Piermont has a median household income of $130,263 (73% above the national median of $75,149). Home values average $615,700, which is 151% above the national median. Monthly rent at $1,964 is 69% above the US average of $1,163. Within New York, Piermont's income is 34% above the state average of $96,987, and home values are 59% above the state median of $387,181.
Why Live in Piermont, NY?
Piermont offers a strong local economy with a median household income of $130,263, well above the national average, and a well-educated community where 64.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $615,700. However, Piermont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Piermont has a population of 2,434 with a median age of 50.9 years. Compare Piermont with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Piermont
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Scottsville | 2,425 | $74,813 | $163,600 | Compare |
| Sag Harbor | 2,449 | $154,583 | $1,516,800 | Compare |
| Moriches | 2,407 | $78,269 | $466,500 | Compare |
| Lincoln Park | 2,406 | $81,337 | $254,300 | Compare |
| Jamestown West | 2,398 | $64,034 | $145,400 | Compare |
| Phoenix | 2,393 | $60,000 | $143,900 | Compare |
| Westhampton Beach | 2,476 | $137,888 | $1,102,000 | Compare |
| Frankfort | 2,384 | $48,931 | $119,000 | 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 Piermont With Other Cities
Frequently Asked Questions about Piermont
What is the population of Piermont, NY?
The population of Piermont, NY is 2,434 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 Piermont?
The median household income in Piermont, NY is $130,263 per year, which is 73% above the national median of $75,149.
What is the median home value in Piermont?
The median home value in Piermont, NY is $615,700, which is 151% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Piermont?
The median monthly rent in Piermont, NY is $1,964, which is 69% above the national average of $1,163/month.
What is the unemployment rate in Piermont?
The unemployment rate in Piermont, NY is 6.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Piermont, NY a good place to live?
Piermont offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,434 and a median age of 50.9, the city appeals to established professionals and retirees.
How educated is Piermont, NY?
64.6% of residents in Piermont 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 Piermont?
Key cost-of-living indicators for Piermont, NY: median home value is $615,700 (151% above national), median rent is $1,964/month, and median household income is $130,263. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Piermont?
The poverty rate in Piermont, NY is 0.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Piermont, NY?
Piermont's population is 0.0% White, 0.7% Hispanic or Latino, 2.9% Black or African American, 1.8% Asian, and 1.1% two or more races. 12.0% of residents are foreign-born.