Southold, NY
Population 6,600 · New York
About Southold, NY
Southold is a small town located in New York with a population of 6,600 residents according to the latest US Census Bureau American Community Survey data. The median household income is $114,743 per year, which is 53% above the national median of $75,149. The median age of 51.9 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 Southold features a median home value of $762,900, which is 212% above the national median of $244,900. This places Southold in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,176, 87% above the national average of $1,163/month. Of the 4,013 total housing units, 83% are owner-occupied (2,217 units) and 17% are renter-occupied (459 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Southold shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Southold have an average one-way commute time of 26.3 minutes.
Education & Demographics
51.8% of Southold 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 2.7% White, 0.1% Hispanic or Latino, 1.3% Black or African American, and 12.3% Asian residents, with 15.5% of the population being foreign-born.
Cost of Living in Southold, NY
Compared to national averages, Southold has a median household income of $114,743 (53% above the national median of $75,149). Home values average $762,900, which is 212% above the national median. Monthly rent at $2,176 is 87% above the US average of $1,163. Within New York, Southold's income is 18% above the state average of $96,987, and home values are 97% above the state median of $387,181.
Why Live in Southold, NY?
Southold offers a strong local economy with a median household income of $114,743, well above the national average, and a well-educated community where 51.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $762,900. However, Southold’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Southold has a population of 6,600 with a median age of 51.9 years. Compare Southold with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Southold
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Solvay | 6,590 | $58,944 | $140,600 | Compare |
| Warwick | 6,625 | $81,250 | $405,700 | Compare |
| East Greenbush | 6,562 | $115,189 | $288,400 | Compare |
| West Point | 6,549 | $139,700 | $0 | Compare |
| Larchmont | 6,542 | $160,526 | $1,384,700 | Compare |
| Irvington | 6,541 | $169,411 | $889,800 | Compare |
| Bronxville | 6,539 | $215,726 | $1,137,700 | Compare |
| North Sea | 6,517 | $155,139 | $1,071,800 | 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 Southold With Other Cities
Frequently Asked Questions about Southold
What is the population of Southold, NY?
The population of Southold, NY is 6,600 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 Southold?
The median household income in Southold, NY is $114,743 per year, which is 53% above the national median of $75,149.
What is the median home value in Southold?
The median home value in Southold, NY is $762,900, which is 212% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Southold?
The median monthly rent in Southold, NY is $2,176, which is 87% above the national average of $1,163/month.
What is the unemployment rate in Southold?
The unemployment rate in Southold, NY is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Southold, NY a good place to live?
Southold offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,600 and a median age of 51.9, the city appeals to established professionals and retirees.
How educated is Southold, NY?
51.8% of residents in Southold 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 Southold?
Key cost-of-living indicators for Southold, NY: median home value is $762,900 (212% above national), median rent is $2,176/month, and median household income is $114,743. The home-value-to-income ratio is 6.6x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Southold?
The poverty rate in Southold, NY is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Southold, NY?
Southold's population is 2.7% White, 0.1% Hispanic or Latino, 1.3% Black or African American, 12.3% Asian, and 0.8% two or more races. 15.5% of residents are foreign-born.