Tuxedo, NY
Population 3,083 · New York
About Tuxedo, NY
Tuxedo is a small town located in New York with a population of 3,083 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,317 per year, which is 57% above the national median of $75,149. The median age of 45.1 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 Tuxedo features a median home value of $575,300, which is 135% above the national median of $244,900. This places Tuxedo in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,688, 45% above the national average of $1,163/month. Of the 1,284 total housing units, 71% are owner-occupied (812 units) and 29% are renter-occupied (339 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Tuxedo shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Tuxedo have an average one-way commute time of 42.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
42.7% of Tuxedo 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 0.0% White, 0.2% Hispanic or Latino, 11.4% Black or African American, and 6.1% Asian residents, with 12.9% of the population being foreign-born.
Cost of Living in Tuxedo, NY
Compared to national averages, Tuxedo has a median household income of $118,317 (57% above the national median of $75,149). Home values average $575,300, which is 135% above the national median. Monthly rent at $1,688 is 45% above the US average of $1,163. Within New York, Tuxedo's income is 22% above the state average of $96,987, and home values are 49% above the state median of $387,181.
Why Live in Tuxedo, NY?
Tuxedo offers a strong local economy with a median household income of $118,317, well above the national average, and a strong job market with an unemployment rate of just 1.6%, and a well-educated community where 42.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $575,300. However, Tuxedo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tuxedo has a population of 3,083 with a median age of 45.1 years. Compare Tuxedo with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Tuxedo
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brookhaven | 3,080 | $95,345 | $577,000 | Compare |
| Elma Center | 3,091 | $115,859 | $409,000 | Compare |
| Tupper Lake | 3,072 | $54,613 | $106,300 | Compare |
| Crown Heights | 3,071 | $127,569 | $321,000 | Compare |
| Wanakah | 3,071 | $77,482 | $187,200 | Compare |
| Orchard Park | 3,066 | $97,014 | $371,900 | Compare |
| Vails Gate | 3,065 | $54,340 | $284,700 | Compare |
| Warsaw | 3,061 | $54,196 | $119,700 | 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 Tuxedo
What is the population of Tuxedo, NY?
The population of Tuxedo, NY is 3,083 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 Tuxedo?
The median household income in Tuxedo, NY is $118,317 per year, which is 57% above the national median of $75,149.
What is the median home value in Tuxedo?
The median home value in Tuxedo, NY is $575,300, which is 135% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Tuxedo?
The median monthly rent in Tuxedo, NY is $1,688, which is 45% above the national average of $1,163/month.
What is the unemployment rate in Tuxedo?
The unemployment rate in Tuxedo, NY is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Tuxedo, NY a good place to live?
Tuxedo offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,083 and a median age of 45.1, the city appeals to established professionals and retirees.
How educated is Tuxedo, NY?
42.7% of residents in Tuxedo 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 Tuxedo?
Key cost-of-living indicators for Tuxedo, NY: median home value is $575,300 (135% above national), median rent is $1,688/month, and median household income is $118,317. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Tuxedo?
The poverty rate in Tuxedo, NY is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Tuxedo, NY?
Tuxedo's population is 0.0% White, 0.2% Hispanic or Latino, 11.4% Black or African American, 6.1% Asian, and 10.0% two or more races. 12.9% of residents are foreign-born.