Housing data for Locust Valley, NY
Locust Valley, NY has an estimated 4,153 residents and 1,254 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Nassau County.
13.9% of households rent.
The median gross rent is $2,324 a month.
Figures last updated on .
- Residents
- 4,153 (±843)
- Housing units
- 1,254 (±160)
- Households that rent
- 13.9%
- Median gross rent
- $2,324
- Residents since 2015–2019
- +19.3%
What stands out in Locust Valley
Homes in buildings of 5 or more units: 1.8% (±5.5 points) in Locust Valley, lower than in Nassau County (12.9%).
Households without a vehicle: 1.0% (±1.5 points) in Locust Valley, lower than in Nassau County (6.8%).
Median home value: $846,500 (±$46,441) in Locust Valley, higher than in Nassau County ($684,700).
Housing in Locust Valley at a glance
- Median rent: $2,324 median gross rent a month
- Rent by bedrooms: $2,250 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 65.9% of renters pay 30% or more of income
- Renters and owners: 13.9% of households rent
- Income and affordability: $152,472 median household income
- Home values: $846,500 median home value
- Homeowner costs: $3,973 median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 1.8% of homes are in buildings of 5 or more units
- Bedrooms: 79.9% of homes have 3 or more bedrooms
- Age of homes: 83.4% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 71.3% heat with utility gas
- Commute and cars: 32.8 minutes average trip to work
- Growth: +19.3% residents since 2015–2019
- How long people stay: 15.1% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 8.8% of homes have more than 1 person per room
Locust Valley against Nassau County, its state and the nation
| Locust Valley | Nassau County | New York | United States | |
|---|---|---|---|---|
| Residents | 4,153 (±843) | 1,389,591 (exact) | 19,852,366 (exact) | 334,922,499 |
| Housing units | 1,254 (±160) | 479,044 (±353) | 8,585,241 (±652) | 143,775,355 |
| Households that rent | 13.9% (±6.0 points) | 18.1% (±0.5 points) | 45.7% (±0.2 points) | 34.8% |
| Median gross rent | $2,324 (±$536) | $2,252 (±$41) | $1,621 (±$7) | $1,413 |
| Median household income | $152,472 (±$30,984) | $146,202 (±$1,472) | $85,974 (±$402) | $80,734 |
| Median home value | $846,500 (±$46,441) | $684,700 (±$2,833) | $423,800 (±$1,627) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $10,000 or more | $6,582 (±$21) | $3,119 |
| Built before 1980 | 83.4% (±16.7 points) | 85.4% (±1.0 points) | 73.9% (±0.2 points) | 49.7% |
| Average commute | 32.8 minutes (±8.1) | 36.0 minutes (±0.3) | 32.6 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 89.8% (±6.9 points) | 94.8% (±0.3 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 41.9 years (±5.0) | 42.0 years (±0.2) | 39.8 years (±0.1) | 38.9 years |
Locust Valley covers 0.9 square miles of land, about 4,584 residents per square mile (Census Bureau Gazetteer).
How Locust Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 3,481 (±362) | 4,153 (±843) | +19.3% | Not a measurable change |
| Housing units | 1,337 (±26) | 1,254 (±160) | −6.2% | Not a measurable change |
| Median gross rent | $1,944 (±$239) | $2,324 (±$536) | +19.5% | No measurable change after inflation |
| Median home value | $595,900 (±$43,108) | $846,500 (±$46,441) | +42.1% | Up after inflation |
| Median household income | $130,521 (±$16,044) | $152,472 (±$30,984) | +16.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $3,131 (±$490) | $3,973 (±$596) | +26.9% | No measurable change after inflation |
| Households that rent | 28.0% (±7.1 points) | 13.9% (±6.0 points) | −14.1 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±9.0 points) | 0.0% (±21.7 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Nassau County
Locust Valley has no police department of its own in the FBI’s figures, so this is the figure for Nassau County as a whole.
In 2025, the police departments that report for Nassau County recorded 137 violent and 874 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Locust Valley
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 11560 | 12% | 7,696 | $3,179 | $952,700 | $163,750 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Locust Valley
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Village of Lattingtown | 1.2 mi | $3,500 or more | $1,633,900 | 13.1% |
| Village of Matinecock | 1.4 mi | $3,500 or more | $2,000,000 or more | 8.5% |
| Village of Mill Neck | 1.6 mi | $3,500 or more | $1,368,800 | 14.5% |
| Village of Bayville | 2.5 mi | $2,127 | $710,000 | 13.1% |
| Village of Upper Brookville | 2.5 mi | $1,750 | $2,000,000 or more | 11.5% |
| Glen Head | 2.7 mi | $2,440 | $872,000 | 10.5% |
| Glen Cove | 2.9 mi | $2,398 | $698,900 | 49.0% |
| Village of Old Brookville | 3.0 mi | $2,346 | $2,000,000 or more | 20.9% |
Places in New York most like Locust Valley
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Village of Northport | $2,209 | $745,300 | $146,921 | 14.1% |
| Glenwood Landing | $2,455 | $895,400 | $131,573 | 14.6% |
| Glen Head | $2,440 | $872,000 | $138,465 | 10.5% |
| Bellmore | $2,160 | $681,800 | $161,674 | 8.9% |
| Town of Huntington | $2,358 | $715,600 | $168,029 | 11.3% |
| East Northport | $2,527 | $623,800 | $157,662 | 11.5% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New York.
HUD Fair Market Rent for Locust Valley, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,964 | $2,285 | $2,689 | $3,458 | $3,671 |
HUD income limits for Locust Valley, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $34,550 | $57,550 | $89,700 |
| 2 people | $39,450 | $65,750 | $102,500 |
| 3 people | $44,400 | $73,950 | $115,300 |
| 4 people | $49,300 | $82,150 | $128,100 |
| 5 people | $53,250 | $88,750 | $138,350 |
| 6 people | $57,200 | $95,300 | $148,600 |
| 7 people | $61,150 | $101,900 | $158,850 |
| 8 people | $65,100 | $108,450 | $169,100 |
These are the limits HUD sets for its housing programs in the Nassau-Suffolk, NY HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $164,300.
A program can use its own limits; tax-credit and local programs often do.
Locust Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside the Town of Oyster Bay, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Locust Valley
What is the average rent in Locust Valley, NY?
The Census Bureau publishes the median rather than the average: the median gross rent in Locust Valley is $2,324 (±$536) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Locust Valley rent-burdened?
65.9% of renting households in Locust Valley pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Locust Valley?
Locust Valley has an estimated 172 (±79) renting households, 13.9% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Locust Valley?
The median household income in Locust Valley is $152,472 (±$30,984) a year (2020–2024 American Community Survey).
What is the average home value in Locust Valley, NY?
The Census Bureau publishes the median: $846,500 (±$46,441) for owner-occupied homes in Locust Valley (2020–2024 American Community Survey).
What is the average mortgage payment in Locust Valley?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Locust Valley, NY is $3,973 (±$596) a month, including taxes, insurance and utilities.
Is Locust Valley growing?
In Locust Valley, the number of residents went from 3,481 in 2015–2019 to 4,153 in 2020–2024 (+19.3%), not a measurable change.
What ZIP codes are in Locust Valley?
The ZIP code that covers Locust Valley is 11560.
What is the median rent in ZIP code 11560?
The median gross rent in ZIP Code Tabulation Area 11560 is $3,179 (±$865) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Locust Valley CDP, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Locust Valley CDP, New York
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Locust Valley CDP, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Locust Valley CDP, New York
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Locust Valley CDP, New York
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Locust Valley CDP, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Locust Valley CDP, New York
- HUD Fair Market Rents, fiscal year 2027: Nassau-Suffolk, NY HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Nassau-Suffolk, NY HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Locust Valley CDP, New York (place:43192, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .