Cost of Living in Floral Park, NY

Population 16,025 · New York · Data vintage 2023

222
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Floral Park's housing market reflects its status as a high-earning metro: $754,000 for a typical home, 147% above the US median, paired with household incomes around $150,350 that put it in the upper third of the state.

Located 13 miles east of New York, Floral Park falls within that metro's commuting orbit. Housing prices track closely with New York's $752,000 median.

Cost Overview

Housing 247
Rent 185

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Floral Park

The median home value in Floral Park is $754,300 — 147% above the national median of $305,000. Median rent runs $2,429/month, 85% higher than the national median of $1,314/month. The median household income of $150,350/year is 102% higher than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 61.6°F and lows of 47.0°F, with about 25.9" of annual snowfall. Overall, Floral Park has a cost of living index of 222 versus the US average of 100, meaning it is 122% more expensive.

🏠 Housing

Median Home Value
$754,300
147% above avg
Zillow Home Value
$838,728
Zillow ZHVI
Median Rent
$2,429/mo
85% above avg
Price-to-Rent Ratio
25.9x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$965
1 BR
$1,051
2 BR
$1,302
3 BR
$1,619
4 BR
$1,813
Owner-occupied 86.8%
Renter-occupied 13.2%

💰 Estimated Monthly Budget

Rent median rent
$2,429
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,043/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
38.8 min
44% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.1%

Commute Mode

Drove alone
60.6%
Carpooled
7.2%
Public transit
11.8%
Walked
3.4%
Work from home
16.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.9%
Total Sales Tax 8.5%
State rate 4.0%
Avg local rate 4.5%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$150,350
102% above avg
Per Capita Income
$68,495
Unemployment Rate
3.7%
23% below avg
Poverty Rate
3.3%
Labor Force Participation
68.3%

🎓 Education

Bachelor's degree+ 35.2%
Graduate degree 25.6%

👥 Demographics

Median Age 43.6
Male median age 43.3
Female median age 44

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.6°F
Avg Low
47.0°F
Annual Precip
43.3"
Annual Snowfall
25.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404249596878848276655445
Low °F 262734435362696861504032
Precip" 3.232.763.943.553.663.853.864.113.583.723.073.96
Snow" 7.58.64.30.60.00.00.00.00.00.00.44.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 31 — Good
75.3%
Good air days/yr
197
Max AQI recorded
365
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
14.2:1
Student-teacher ratio
7
Public schools
9,731
Total enrollment

Frequently Asked Questions

What is the cost of living in Floral Park, NY?

Floral Park has a cost index of 222 (100 = national average). It is 122% above the national average.

What is average rent in Floral Park, NY?

The median gross rent in Floral Park is $2,429 per month based on 2023 Census data.

What is the average home price in Floral Park?

The median home value in Floral Park is $754,300 according to Zillow and Census data.

What is the median income in Floral Park?

The median household income in Floral Park is $150,350 per year (2023 ACS 5-year estimates).

What is the sales tax in Floral Park, NY?

The combined state and local sales tax rate in Floral Park is 8.5%. The New York state income tax top rate is 10.9%.

Is Floral Park, NY affordable?

Floral Park is above average in cost of living, with an index of 222 — about 122% higher than the national average.

What is the weather like in Floral Park?

Floral Park has average high temperatures of 61.6°F and average lows of 47.0°F. Annual precipitation is 43.3". Average annual snowfall is 25.9". Data from NOAA 1991–2020 Climate Normals.

Floral Park at a Glance

Population
16,025
Median Income
$150,350
Home Value
$754,300
Median Rent
$2,429/mo
Unemployment
3.7%
Avg High Temp
61.6°F
Sales Tax
8.5%
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