Demographics

As of 2024, Syosset’s key demographic information includes:

• Population: 19,453 (growing at a rate of 0.25% annually)
• Median Age: 43.9 years (42.5 for males, 45.1 for females)
• Racial Composition:
  • White: 61.55%
  • Asian: 32.49%
  • Two or more races: 3.21%
  • Other race: 2.08%
  • Black or African American: 0.67%
• Foreign-born population: 27.1%

Economy and Housing

Syosset boasts a strong economy and high property values:

• Average Household Income: $230,707
• Median Household Income: $179,071 (as of 2022)
• Poverty Rate: 3.51%
• Median Property Value: $865,400 (as of 2022)
• Homeownership Rate: 89.7%

Real Estate Market

As of August 2024, Syosset’s real estate market is very competitive:

• Median Sale Price: $1,200,000 (up 9.1% from last year)
• Median Price Per Square Foot: $472 (up 3.7% from last year)
• Average Days on Market: 19 days
• Homes Sold in August: 24 (down from 29 last year)
• Many homes receive multiple offers, some with waived contingencies
• Average homes sell for about 3% above list price
• Hot homes can sell for about 7% above list price and go pending in around 13 days

Education

Syosset is served by the highly-rated Syosset Central School District:

• Syosset High School consistently ranks among the top public high schools in New York
• Strong emphasis on academic excellence and extracurricular activities
• High college placement rates
• 71.1% of adults have a bachelor’s degree or higher

Community and Lifestyle

Syosset offers residents:

• Strong sense of community with various local events
• Diverse population with a significant Asian community
• Proximity to shopping centers and diverse dining options
• Easy access to New York City via the Long Island Rail Road
• Average commute time of 38.5 minutes
• Average car ownership of 2 cars per household

Notable Features

• Home to the Syosset Public Library, offering various programs and resources
• Proximity to state parks and golf courses
• Strong presence of professionals in management, business, and financial occupations
• High concentration of residents working in computers and math fields

Conclusion

Syosset, NY, offers a unique combination of suburban living, excellent schools, and a strong sense of community. Its competitive housing market, high-income residents, and proximity to both natural attractions and urban centers make it an attractive destination for families and professionals seeking a high quality of life on Long Island.