Demographics

As of the 2020 United States Census:

• Population: 218,223
• Average household size: 3.17 persons
• Racial Composition:
  • White: 72%
  • African-American: 16%
  • Hispanic: 16%
  • Asian: 3%
• Median family income: $79,545
• Poverty rate: 5.9%

Real Estate Market

As of July 2024, Babylon’s real estate market is very competitive:

• Median Sale Price: $705,000 (up 13.7% from last year)
• Average annual home value increase: 6.01% over the past decade
• Housing supply: 8% more homes for sale compared to last year
• Average Days on Market: 77.0% quicker than last year
• Most homes sell in under 30 days

Communities

Babylon includes several villages and hamlets, each with its own character:

• Amityville Village: Population 9,500, median family income $95,865
• Babylon Village: Population 12,188, median family income $131,134
• Lindenhurst: Population 27,148, median family income $97,253
• West Babylon: Population 43,213, median family income $100,470
• Wyandanch: Population 12,990, median family income $59,076

History and Culture

Babylon has a rich history and cultural significance:

• Established in 1872 after separation from Huntington (founded 1653)
• Home to the first wireless station in the United States, erected by Guglielmo Marconi in 1902
• Developed as a summer yachting resort
• Experienced rapid population and industrial growth after World War II

Education and Economy

Babylon offers various educational and economic opportunities:

• Served by multiple school districts across its villages and hamlets
• Proximity to State University of New York at Farmingdale and Polytechnic University’s Long Island campus
• Economy based primarily on services
• Growing real estate investment opportunities, with potential returns of 3-4.6%

Conclusion

Babylon, NY, offers a unique combination of historical significance, diverse communities, and a thriving real estate market. Its proximity to New York City, coupled with its coastal location and strong community ties, makes it an attractive destination for families, professionals, and investors seeking a high quality of life on Long Island’s South Shore.