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Forest Home, NY

Full City Profile · New York · Tompkins County County

3.0 /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 260 sunny days/yr
278 Violent Crime/100K 3,347 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$59,107 median income, 3.1% unemployment
D
Affordability
1.9 / 5.0
$496,900 home value, $1,378/mo rent
F
Safety
1.0 / 5.0
278 violent crimes/100K
A+
Education
5.0 / 5.0
95.0% bachelor's degree or higher

Income Overview

Median Household Income
$59,107
21% below
US avg: $75,149
Per Capita Income
$45,266
16% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Forest Home vs. U.S. Average

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

Median Household
US: $75,149
$59,107
79%
Per Capita
US: $39,052
$45,266
116%
IRS Avg AGI
US: $72,000
$84,199
117%
Avg Weekly Wage
US: $1,432
$1,342
94%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,342
6% below US avg ($1,432)
Mean Commute Time
20 min
27% below US avg (28 min)
Work From Home
19.4%
28% above US avg (15.2%)
Drive Alone
22.9%
69% below US avg (73.2%)
Public Transit
23.3%
366% above US avg (5.0%)
County GDP
$7,966M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 22.9%
Public Transit 23.3%
Work From Home 19.4%
Other 34.4%
Average commute time
20 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,766
Restaurants
308
Healthcare
284
Retail
297
Manufacturing
90

Tax & Financial

IRS Avg Adjusted Gross Income
$84,199
17% above US avg ($72,000)
Avg Property Tax
$10,596
203% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$59,107
Per Capita Income$45,266
IRS Avg Adjusted Gross Income$84,199
Avg Weekly Wage$1,342
County GDP$7,966M

Hardship Indicators

Unemployment Rate3.1%
Poverty Rate0.0%
Gini Coefficient0.495
Cost of Living Index107.9

Commute

Mean Commute20 minutes
Drive Alone22.9%
Public Transit23.3%
Work From Home19.4%

Businesses

Total Establishments2,766
Restaurants308
Healthcare284
Retail297
Manufacturing90

Tax

IRS Avg AGI$84,199
Avg Property Tax$10,596