Forest Home, NY

Full City Profile · New York · Tompkins County County

3.5 /5.0
B+ Good
1,164 Population 5,061/sq mi density
$59,107 Median Income $45,266 per capita
$496,900 Home Value $287,579 Zillow
$1,378 Median Rent 27.8% income on rent
46°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$59,107 median income, 5.3% unemployment
D
Affordability
1.9 / 5.0
$496,900 home value, $1,378/mo rent
A+
Education
5.0 / 5.0
95.0% bachelor's degree or higher

Forest Home, NY

At a Glance

Median Income
$59,107
21% below
$45,266 per capita
Home Value
$496,900
76% above
Zillow: $287,579
Median Rent
$1,378/mo
18% above
27.8% of income on rent
Bachelor's Degree+
95.0%
182% above
99.8% high school+
Unemployment
5.3%
47% above
0.0% poverty rate
Obesity Rate
27.4%
15% below
13.6% smoking rate
Avg Temperature
46°F

How Forest Home Compares to the U.S. Average

Each bar shows Forest Home's value as a percentage of the national average (100% = U.S. avg)

Income
79%
Home Value
176%
Rent
118%
Poverty
0%
Bachelor's
282%
Unemployment
147%
Thin vertical line = U.S. national average (100%)

Is Forest Home a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Forest Home residents earn a median household income of $59,107 , which is 21% below the national average of $75,149. Per capita income is $45,266. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 2,766 business establishments, including 308 restaurants.

Housing & Cost of Living

The median home value in Forest Home is $496,900 , 76% above the national median of $281,900. Zillow estimates the typical home at $287,579. Median rent is $1,378/month, with 27.8% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1978.

Education

95.0% of adults in Forest Home hold a bachelor's degree or higher (182% above the national average). 99.8% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Forest Home has an average annual temperature of 46°F (8°C). Winters average 23°F in January while summers reach 69°F in July. Annual precipitation totals 38.3 inches. Air quality is rated Good with a median AQI of 35.

Data Overview

People

Population1,164
Median Age29.4 yrs
Density5,061/mi²
Male / Female42% / 58%
Foreign Born58.5%
Veterans0.4%

Economy

B+
Median Income$59,107
Per Capita$45,266
Unemployment5.3%
Poverty0.0%
County GDP$7,966M
Avg Weekly Wage$1,342

Housing

D
Home Value$496,900
Rent$1,378
Ownership35.5%
Zillow$287,579
Housing Units385
Rent Burden27.8%

Health

Obesity27.4%
Diabetes11.6%
Smoking13.6%
Heart Disease6.6%
Premature Death5,563/100K

Climate

Avg Temp46°F
Rain38.3 in/yr
AQI35 (Good)
Elevation831 ft

Education

A+
Bachelor's+95.0%
High School+99.8%
Graduate+57.1%
School Score5.8/10

Community

2024 VoteR 25% / D 75%
Commute20 min
Broadband73.7%
Internet Speed158 Mbps
EV Stations3
Libraries6

Did You Know?

The median home in Forest Home was built in 1978.
23.3% of residents use public transit to commute.
19.4% work from home.
The nearest airport is Ithaca Tompkins International (3 miles).
The Gini coefficient (income inequality) is 0.495 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
7.6% of the population has a disability.
58.5% of residents are foreign-born.
Average internet download speed is 158 Mbps.
There are 308 restaurants in the area.
The county recorded 5 fatal vehicle crashes.