Cost of Living in Thornwood, NY

Population 4,405 · New York · Data vintage 2023

197
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Thornwood's housing market reflects its status as a high-earning metro: $655,000 for a typical home, 115% above the US median, paired with household incomes around $186,635 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 0.9% — below most comparable cities in the state.

Geographically, Thornwood sits roughly 12 miles west of Stamford. Housing prices track closely with Stamford's $614,000 median.

Cost Overview

Housing 215
Rent 171

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

About the Cost of Living in Thornwood

The median home value in Thornwood is $654,600 — 115% above the national median of $305,000. Median rent runs $2,245/month, 71% higher than the national median of $1,314/month. The median household income of $186,635/year is 150% higher than the US median of $74,580. The local unemployment rate is 0.9%, 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 60.6°F and lows of 43.4°F. Overall, Thornwood has a cost of living index of 197 versus the US average of 100, meaning it is 97% more expensive.

🏠 Housing

Median Home Value
$654,600
115% above avg
Zillow Home Value
$496,865
Zillow ZHVI
Median Rent
$2,245/mo
71% above avg
Price-to-Rent Ratio
24.3x
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 85.7%
Renter-occupied 14.3%

💰 Estimated Monthly Budget

Rent median rent
$2,245
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,859/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
33.1 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.6%

Commute Mode

Drove alone
68.3%
Carpooled
1.9%
Public transit
10.5%
Walked
1.2%
Work from home
17.6%

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
$186,635
150% above avg
Per Capita Income
$71,048
Unemployment Rate
0.9%
81% below avg
Poverty Rate
3.7%
Labor Force Participation
68.5%

🎓 Education

Bachelor's degree+ 26.2%
Graduate degree 23.4%

👥 Demographics

Median Age 38.9
Male median age 38.8
Female median age 39.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.6°F
Avg Low
43.4°F
Annual Precip
47.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374048596978838174635242
Low °F 222431405059656457463628
Precip" 3.202.534.114.203.944.254.074.364.944.333.644.18

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
78.6%
Good air days/yr
198
Max AQI recorded
144
PM2.5 days
221
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
10:1
Student-teacher ratio
4
Public schools
1,923
Total enrollment

Frequently Asked Questions

What is the cost of living in Thornwood, NY?

Thornwood has a cost index of 197 (100 = national average). It is 97% above the national average.

What is average rent in Thornwood, NY?

The median gross rent in Thornwood is $2,245 per month based on 2023 Census data.

What is the average home price in Thornwood?

The median home value in Thornwood is $654,600 according to Zillow and Census data.

What is the median income in Thornwood?

The median household income in Thornwood is $186,635 per year (2023 ACS 5-year estimates).

What is the sales tax in Thornwood, NY?

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

Is Thornwood, NY affordable?

Thornwood is above average in cost of living, with an index of 197 — about 97% higher than the national average.

What is the weather like in Thornwood?

Thornwood has average high temperatures of 60.6°F and average lows of 43.4°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Thornwood at a Glance

Population
4,405
Median Income
$186,635
Home Value
$654,600
Median Rent
$2,245/mo
Unemployment
0.9%
Avg High Temp
60.6°F
Sales Tax
8.5%
View all cities in New York →
🗺️ County data for New York

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs