Wainscott, NY
Population 587 · New York
About Wainscott, NY
Wainscott is a small community located in New York with a population of 587 residents according to the latest US Census Bureau American Community Survey data. The median household income is $135,625 per year, which is 80% above the national median of $75,149. The median age of 61.1 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 Wainscott features a median home value of $2,000,001, which is 717% above the national median of $244,900. This places Wainscott in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 895 total housing units, 97% are owner-occupied (282 units) and 3% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wainscott shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.3%, above the national average of 12.4%. Workers in Wainscott have an average one-way commute time of 14.4 minutes, one of the shorter commutes in the region.
Education & Demographics
55.5% of Wainscott 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.9% Asian residents, with 6.0% of the population being foreign-born.
Cost of Living in Wainscott, NY
Compared to national averages, Wainscott has a median household income of $135,625 (80% above the national median of $75,149). Home values average $2,000,001, which is 717% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Wainscott's income is 40% above the state average of $96,987, and home values are 417% above the state median of $387,181.
Why Live in Wainscott, NY?
Wainscott offers a strong local economy with a median household income of $135,625, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 55.5% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 14.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $2,000,001. However, Wainscott’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wainscott has a population of 587 with a median age of 61.1 years. Compare Wainscott with other cities to see how it stacks up, or explore all cities in New York.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Wainscott
What is the population of Wainscott, NY?
The population of Wainscott, NY is 587 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 Wainscott?
The median household income in Wainscott, NY is $135,625 per year, which is 80% above the national median of $75,149.
What is the median home value in Wainscott?
The median home value in Wainscott, 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 Wainscott?
The median monthly rent in Wainscott, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wainscott?
The unemployment rate in Wainscott, NY is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wainscott, NY a good place to live?
Wainscott offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 587 and a median age of 61.1, the city appeals to established professionals and retirees.
How educated is Wainscott, NY?
55.5% of residents in Wainscott 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 Wainscott?
Key cost-of-living indicators for Wainscott, NY: median home value is $2,000,001 (717% above national), median rent is $0/month, and median household income is $135,625. The home-value-to-income ratio is 14.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Wainscott?
The poverty rate in Wainscott, NY is 14.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Wainscott, NY?
Wainscott's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.9% Asian, and 3.6% two or more races. 6.0% of residents are foreign-born.