Oyster Bay, NY

Full City Profile · New York · Nassau County County

4.0 /5.0
A Great
6,900 Population 5,565/sq mi density
$102,540 Median Income $50,828 per capita
$634,600 Home Value $1,059,934 Zillow
$2,300 Median Rent 33.5% income on rent
53°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.3 / 5.0
$102,540 median income, 6.0% unemployment
B
Affordability
3.2 / 5.0
$634,600 home value, $2,300/mo rent
A+
Education
4.6 / 5.0
45.0% bachelor's degree or higher

Oyster Bay, NY

At a Glance

Median Income
$102,540
36% above
$50,828 per capita
Home Value
$634,600
125% above
Zillow: $1,059,934
Median Rent
$2,300/mo
98% above
33.5% of income on rent
Bachelor's Degree+
45.0%
34% above
94.3% high school+
Unemployment
6.0%
67% above
7.7% poverty rate
Obesity Rate
31.8%
1% below
10.9% smoking rate
Avg Temperature
53°F

How Oyster Bay Compares to the U.S. Average

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

Income
136%
Home Value
225%
Rent
198%
Poverty
62%
Bachelor's
134%
Unemployment
167%
Thin vertical line = U.S. national average (100%)

Is Oyster Bay a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Oyster Bay residents earn a median household income of $102,540 , which is 36% above the national average of $75,149. Per capita income is $50,828. The unemployment rate stands at 6.0% (67% above the U.S. rate of 3.6%). 7.7% 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 is $634,600 , 125% above the national median of $281,900. Zillow estimates the typical home at $1,059,934. Median rent is $2,300/month, with 33.5% 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 1963.

Education

45.0% of adults in Oyster Bay hold a bachelor's degree or higher (34% above the national average). 94.3% have completed high school. Local schools score 6.7/10 in standardized testing.

Climate & Weather

Oyster Bay 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

Population6,900
Median Age39.8 yrs
Density5,565/mi²
Male / Female44% / 56%
Foreign Born14.6%
Veterans2.7%

Economy

A
Median Income$102,540
Per Capita$50,828
Unemployment6.0%
Poverty7.7%
County GDP$130,222M
Avg Weekly Wage$1,489

Housing

B
Home Value$634,600
Rent$2,300
Ownership51.3%
Zillow$1,059,934
Housing Units2,941
Rent Burden33.5%

Health

Obesity31.8%
Diabetes9.0%
Smoking10.9%
Heart Disease5.1%
Premature Death4,800/100K

Climate

Avg Temp53°F
Rain47.7 in/yr
AQI31 (Good)
Elevation36 ft

Education

A+
Bachelor's+45.0%
High School+94.3%
Graduate+17.4%
School Score6.7/10

Community

2024 VoteR 52% / D 48%
Commute27 min
Broadband92.5%
Internet Speed177 Mbps
EV Stations2
Libraries63

Did You Know?

Oyster Bay was founded in 1666.
The median home in Oyster Bay was built in 1963.
The nearest airport is Laguardia (19 miles).
The Gini coefficient (income inequality) is 0.453 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
9.4% of the population has a disability.
14.6% 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.