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Tuxedo Park

Learn about the people, housing, costs and businesses in Tuxedo Park, New York

Median Home$687,900
Median Rent$1,623/month
Population637
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare3% professional services
Home Value Growth⬆⬆+16.9% over 2 years
Retirees27% of residentsabove average nationally
Homeowners75% of occupied units
NotableTransit90/100 · excellent transit access
NotableHigh Incomes$130k/year · top 7% nationally
Tuxedo Park
NY

Frequently Asked Questions

What are today's mortgage rates in Tuxedo Park?

As of today, the 30-year fixed mortgage rate for Tuxedo Park is approximately 6.875% (6.910% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Tuxedo Park?

The median home value in Tuxedo Park is $688k. The median monthly rent is $1,623. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tuxedo Park?

Home values in Tuxedo Park have increased 16.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Tuxedo Park?

Based on a typical all-in ownership cost of $2,457/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $105k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tuxedo Park is $130k/year.

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What industries drive the economy in Tuxedo Park?

The largest employment sectors in Tuxedo Park are public administration (23%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.