Valhalla, NY
Population 2,978 · New York
About Valhalla, NY
Valhalla is a small town located in New York with a population of 2,978 residents according to the latest US Census Bureau American Community Survey data. The median household income is $125,135 per year, which is 67% above the national median of $75,149. The median age of 43.4 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 Valhalla features a median home value of $696,200, which is 184% above the national median of $244,900. This places Valhalla in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,534, 118% above the national average of $1,163/month. Of the 1,172 total housing units, 88% are owner-occupied (952 units) and 12% are renter-occupied (126 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Valhalla 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 7.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Valhalla have an average one-way commute time of 23.4 minutes.
Education & Demographics
44.6% of Valhalla 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 2.0% White, 2.2% Hispanic or Latino, 5.6% Black or African American, and 11.9% Asian residents, with 16.8% of the population being foreign-born.
Cost of Living in Valhalla, NY
Compared to national averages, Valhalla has a median household income of $125,135 (67% above the national median of $75,149). Home values average $696,200, which is 184% above the national median. Monthly rent at $2,534 is 118% above the US average of $1,163. Within New York, Valhalla's income is 29% above the state average of $96,987, and home values are 80% above the state median of $387,181.
Why Live in Valhalla, NY?
Valhalla offers a strong local economy with a median household income of $125,135, well above the national average, and a strong job market with an unemployment rate of just 1.6%, and a well-educated community where 44.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.1%, better than the national average, and short commute times averaging just 23.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $696,200. However, Valhalla’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Valhalla has a population of 2,978 with a median age of 43.4 years. Compare Valhalla with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Valhalla
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakewood | 2,975 | $70,962 | $146,300 | Compare |
| Great Neck Estates | 2,968 | $211,875 | $1,670,600 | Compare |
| New York Mills | 2,989 | $55,682 | $163,000 | Compare |
| Green Island | 2,966 | $70,281 | $137,300 | Compare |
| Roslyn | 2,955 | $123,725 | $623,800 | Compare |
| Lake Delta | 3,005 | $97,917 | $224,200 | Compare |
| Brookville | 2,944 | $250,001 | $2,000,001 | Compare |
| Westfield | 2,937 | $43,385 | $91,700 | 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 Valhalla
What is the population of Valhalla, NY?
The population of Valhalla, NY is 2,978 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 Valhalla?
The median household income in Valhalla, NY is $125,135 per year, which is 67% above the national median of $75,149.
What is the median home value in Valhalla?
The median home value in Valhalla, NY is $696,200, which is 184% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Valhalla?
The median monthly rent in Valhalla, NY is $2,534, which is 118% above the national average of $1,163/month.
What is the unemployment rate in Valhalla?
The unemployment rate in Valhalla, 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 Valhalla, NY a good place to live?
Valhalla offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,978 and a median age of 43.4, the city appeals to a broad range of residents.
How educated is Valhalla, NY?
44.6% of residents in Valhalla 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 Valhalla?
Key cost-of-living indicators for Valhalla, NY: median home value is $696,200 (184% above national), median rent is $2,534/month, and median household income is $125,135. The home-value-to-income ratio is 5.6x, a moderate figure by national standards.
What is the poverty rate in Valhalla?
The poverty rate in Valhalla, NY is 7.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Valhalla, NY?
Valhalla's population is 2.0% White, 2.2% Hispanic or Latino, 5.6% Black or African American, 11.9% Asian, and 1.7% two or more races. 16.8% of residents are foreign-born.