Oyster Bay Cove, NY

Full City Profile · New York · Nassau County County

4.1 /5.0
A Great
2,067 Population 495/sq mi density
$250,001 Median Income $155,202 per capita
$1,686,100 Home Value $2,458,350 Zillow
$2,348 Median Rent 35.7% income on rent
53°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.3 / 5.0
$250,001 median income, 6.7% unemployment
C+
Affordability
2.9 / 5.0
$1,686,100 home value, $2,348/mo rent
A+
Education
5.0 / 5.0
78.6% bachelor's degree or higher

Oyster Bay Cove, NY

At a Glance

Median Income
$250,001
233% above
$155,202 per capita
Home Value
$1,686,100
498% above
Zillow: $2,458,350
Median Rent
$2,348/mo
102% above
35.7% of income on rent
Bachelor's Degree+
78.6%
133% above
99.6% high school+
Unemployment
6.7%
86% above
2.8% poverty rate
Obesity Rate
24.6%
23% below
6.2% smoking rate
Avg Temperature
53°F

How Oyster Bay Cove Compares to the U.S. Average

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

Income
333%
Home Value
598%
Rent
202%
Poverty
23%
Bachelor's
233%
Unemployment
186%
Thin vertical line = U.S. national average (100%)

Is Oyster Bay Cove a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Oyster Bay Cove residents earn a median household income of $250,001 , which is 233% above the national average of $75,149. Per capita income is $155,202. The unemployment rate stands at 6.7% (86% above the U.S. rate of 3.6%). 2.8% of residents live below the poverty line. The area is home to 56,397 business establishments, including 3,828 restaurants.

Housing & Cost of Living

The median home value in Oyster Bay Cove is $1,686,100 , 498% above the national median of $281,900. Zillow estimates the typical home at $2,458,350. Median rent is $2,348/month, with 35.7% 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 1973.

Education

78.6% of adults in Oyster Bay Cove hold a bachelor's degree or higher (133% above the national average). 99.6% have completed high school. Local schools score 6.7/10 in standardized testing.

Climate & Weather

Oyster Bay Cove has an average annual temperature of 53°F (12°C). Winters average 32°F in January while summers reach 75°F in July. Annual precipitation totals 47.7 inches. Air quality is rated Good with a median AQI of 31.

Data Overview

People

Population2,067
Median Age50.1 yrs
Density495/mi²
Male / Female52% / 48%
Foreign Born16.8%
Veterans2.3%

Economy

A
Median Income$250,001
Per Capita$155,202
Unemployment6.7%
Poverty2.8%
County GDP$130,222M
Avg Weekly Wage$1,489

Housing

C+
Home Value$1,686,100
Rent$2,348
Ownership91.3%
Zillow$2,458,350
Housing Units705
Rent Burden35.7%

Health

Obesity24.6%
Diabetes6.4%
Smoking6.2%
Heart Disease3.8%
Premature Death4,800/100K

Climate

Avg Temp53°F
Rain47.7 in/yr
AQI31 (Good)
Elevation89 ft

Education

A+
Bachelor's+78.6%
High School+99.6%
Graduate+37.6%
School Score6.7/10

Community

2024 VoteR 52% / D 48%
Commute42 min
Broadband96.7%
Internet Speed177 Mbps
EV Stations2
Libraries63

Did You Know?

The median home in Oyster Bay Cove was built in 1973.
13.3% of residents use public transit to commute.
29.7% work from home.
The nearest airport is Laguardia (20 miles).
The Gini coefficient (income inequality) is 0.453 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
4.4% of the population has a disability.
16.8% of residents are foreign-born.
Average internet download speed is 177 Mbps.
There are 3,828 restaurants in the area.
The county recorded 76 fatal vehicle crashes.