Tuxedo Park, NY
Population 682 · New York
About Tuxedo Park, NY
Tuxedo Park is a small community located in New York with a population of 682 residents according to the latest US Census Bureau American Community Survey data. The median household income is $250,001 per year, which is 233% 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 Tuxedo Park features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Tuxedo Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,813, 56% above the national average of $1,163/month. Of the 482 total housing units, 89% are owner-occupied (347 units) and 11% are renter-occupied (41 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Tuxedo Park shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Tuxedo Park have an average one-way commute time of 44.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
85.7% of Tuxedo Park 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, 2.3% Black or African American, and 3.7% Asian residents, with 11.7% of the population being foreign-born.
How Tuxedo Park Ranks in New York
Cost of Living in Tuxedo Park, NY
Compared to national averages, Tuxedo Park has a median household income of $250,001 (233% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $1,813 is 56% above the US average of $1,163. Within New York, Tuxedo Park's income is 158% above the state average of $96,987, and home values are 417% above the state median of $387,181.
Why Live in Tuxedo Park, NY?
Tuxedo Park offers a strong local economy with a median household income of $250,001, well above the national average, and a strong job market with an unemployment rate of just 1.0%, and a well-educated community where 85.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Tuxedo Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tuxedo Park has a population of 682 with a median age of 51.9 years. Compare Tuxedo Park with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Tuxedo Park
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Palatine Bridge | 682 | $62,404 | $136,700 | Compare |
| Port Leyden | 680 | $41,250 | $98,200 | Compare |
| Unionville | 684 | $104,615 | $319,600 | Compare |
| Livingston Manor | 689 | $31,560 | $119,100 | Compare |
| Machias | 675 | $70,127 | $66,100 | Compare |
| Pine Valley | 674 | $36,750 | $0 | Compare |
| Red Creek | 673 | $70,750 | $125,000 | Compare |
| Aurora | 672 | $81,875 | $275,000 | 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 Tuxedo Park With Other Cities
Frequently Asked Questions about Tuxedo Park
What is the population of Tuxedo Park, NY?
The population of Tuxedo Park, NY is 682 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Tuxedo Park?
The median household income in Tuxedo Park, NY is $250,001 per year, which is 233% above the national median of $75,149.
What is the median home value in Tuxedo Park?
The median home value in Tuxedo Park, NY is $2,000,001, which is 717% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Tuxedo Park?
The median monthly rent in Tuxedo Park, NY is $1,813, which is 56% above the national average of $1,163/month.
What is the unemployment rate in Tuxedo Park?
The unemployment rate in Tuxedo Park, NY is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Tuxedo Park, NY a good place to live?
Tuxedo Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 682 and a median age of 51.9, the city appeals to established professionals and retirees.
How educated is Tuxedo Park, NY?
85.7% of residents in Tuxedo Park 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 Park?
Key cost-of-living indicators for Tuxedo Park, NY: median home value is $2,000,001 (717% above national), median rent is $1,813/month, and median household income is $250,001. The home-value-to-income ratio is 8.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Tuxedo Park?
The poverty rate in Tuxedo Park, NY is 1.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Tuxedo Park, NY?
Tuxedo Park's population is 0.0% White, 0.7% Hispanic or Latino, 2.3% Black or African American, 3.7% Asian, and 0.0% two or more races. 11.7% of residents are foreign-born.