Thornwood, NY
Population 4,405 · New York
About Thornwood, NY
Thornwood is a small town located in New York with a population of 4,405 residents according to the latest US Census Bureau American Community Survey data. The median household income is $186,635 per year, which is 148% above the national median of $75,149. The median age of 38.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Thornwood features a median home value of $654,600, which is 167% above the national median of $244,900. This places Thornwood in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,245, 93% above the national average of $1,163/month. Of the 1,509 total housing units, 86% are owner-occupied (1,269 units) and 14% are renter-occupied (212 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thornwood shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thornwood have an average one-way commute time of 30 minutes.
Education & Demographics
49.6% of Thornwood 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 5.1% White, 0.0% Hispanic or Latino, 0.5% Black or African American, and 4.2% Asian residents, with 17.1% of the population being foreign-born.
How Thornwood Ranks in New York
Cost of Living in Thornwood, NY
Compared to national averages, Thornwood has a median household income of $186,635 (148% above the national median of $75,149). Home values average $654,600, which is 167% above the national median. Monthly rent at $2,245 is 93% above the US average of $1,163. Within New York, Thornwood's income is 92% above the state average of $96,987, and home values are 69% above the state median of $387,181.
Why Live in Thornwood, NY?
Thornwood offers a strong local economy with a median household income of $186,635, well above the national average, and a strong job market with an unemployment rate of just 0.9%, and a well-educated community where 49.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $654,600. However, Thornwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thornwood has a population of 4,405 with a median age of 38.9 years. Compare Thornwood with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Thornwood
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Armonk | 4,382 | $245,500 | $1,029,300 | Compare |
| Gang Mills | 4,369 | $118,790 | $274,400 | Compare |
| Milton CDP (Saratoga County), New York | 4,353 | $103,680 | $330,100 | Compare |
| Brewerton | 4,466 | $91,164 | $188,400 | Compare |
| Waverly | 4,337 | $51,327 | $132,400 | Compare |
| Old Westbury | 4,320 | $250,001 | $2,000,001 | Compare |
| Cobleskill | 4,495 | $51,723 | $176,600 | Compare |
| Le Roy | 4,310 | $64,338 | $143,400 | 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 Thornwood With Other Cities
Frequently Asked Questions about Thornwood
What is the population of Thornwood, NY?
The population of Thornwood, NY is 4,405 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 Thornwood?
The median household income in Thornwood, NY is $186,635 per year, which is 148% above the national median of $75,149.
What is the median home value in Thornwood?
The median home value in Thornwood, NY is $654,600, which is 167% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thornwood?
The median monthly rent in Thornwood, NY is $2,245, which is 93% above the national average of $1,163/month.
What is the unemployment rate in Thornwood?
The unemployment rate in Thornwood, NY is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Thornwood, NY a good place to live?
Thornwood offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,405 and a median age of 38.9, the city appeals to a broad range of residents.
How educated is Thornwood, NY?
49.6% of residents in Thornwood 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 Thornwood?
Key cost-of-living indicators for Thornwood, NY: median home value is $654,600 (167% above national), median rent is $2,245/month, and median household income is $186,635. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Thornwood?
The poverty rate in Thornwood, NY is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thornwood, NY?
Thornwood's population is 5.1% White, 0.0% Hispanic or Latino, 0.5% Black or African American, 4.2% Asian, and 0.9% two or more races. 17.1% of residents are foreign-born.