Cost of Living in Greenwood Lake, NY
Population 3,022 · New York · Data vintage 2023
(100 = US avg)
Greenwood Lake sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 20 miles north of Paterson, Greenwood Lake falls within that metro's commuting orbit. Median home values run roughly 8% lower than Paterson's $335,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Greenwood Lake
The median home value in Greenwood Lake is $309,600 — 2% above the national median of $305,000. Median rent runs $1,584/month, 21% higher than the national median of $1,314/month. The median household income of $80,240/year is 8% higher than the US median of $74,580. The local unemployment rate is 5.9%, above 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 60.9°F and lows of 39.2°F. Overall, Greenwood Lake has a cost of living index of 109 versus the US average of 100, meaning it is 9% more expensive.
Greenwood Lake has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 39 | 48 | 61 | 71 | 80 | 84 | 82 | 75 | 64 | 51 | 41 |
| Low °F | 18 | 20 | 27 | 37 | 47 | 56 | 61 | 60 | 51 | 40 | 31 | 24 |
| Precip" | 2.63 | 2.16 | 3.20 | 3.43 | 3.73 | 3.68 | 4.06 | 3.93 | 3.83 | 4.23 | 2.97 | 3.10 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Greenwood Lake, NY?
Greenwood Lake has a cost index of 109 (100 = national average). It is 9% above the national average.
What is average rent in Greenwood Lake, NY?
The median gross rent in Greenwood Lake is $1,584 per month based on 2023 Census data.
What is the average home price in Greenwood Lake?
The median home value in Greenwood Lake is $309,600 according to Zillow and Census data.
What is the median income in Greenwood Lake?
The median household income in Greenwood Lake is $80,240 per year (2023 ACS 5-year estimates).
What is the sales tax in Greenwood Lake, NY?
The combined state and local sales tax rate in Greenwood Lake is 8.5%. The New York state income tax top rate is 10.9%.
Is Greenwood Lake, NY affordable?
Greenwood Lake is near the national average in terms of cost of living, with an index of 109 (100 = US average).
What is the weather like in Greenwood Lake?
Greenwood Lake has average high temperatures of 60.9°F and average lows of 39.2°F. Annual precipitation is 41". Data from NOAA 1991–2020 Climate Normals.
Greenwood Lake at a Glance
- Population
- 3,022
- Median Income
- $80,240
- Home Value
- $309,600
- Median Rent
- $1,584/mo
- Unemployment
- 5.9%
- Avg High Temp
- 60.9°F
- Sales Tax
- 8.5%
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Explore county-level cost of living data
New York Rankings
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