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Greenwood Lake, NY Profile: Facts & Data

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Greenwood Lake, New York - Basic Facts

The Village of Greenwood Lake had a population of 2,970 as of July 1, 2024.

The primary coordinate point for Greenwood Lake is located at latitude 41.2226 and longitude -74.2943 in Orange County. The formal boundaries for the Village of Greenwood Lake encompass a land area of 2.05 sq. miles and a water area of 0.42 sq. miles. Orange County is in the Eastern time zone (GMT -5).

The Village of Greenwood Lake has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Greenwood Lake is located within Town of Warwick, a minor civil division (MCD) of Orange County.


Jump to... (On This Page!)
  1. Greenwood Lake 2024 Demographic Data
  2. Growth Rates for Greenwood Lake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New York Research Tools (Easy Tools & Current Data)
  3. New York Data Comparison Tool - 2024 Demographics
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Greenwood Lake, NY Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 2,970 (100%)
Population in Households 2,970 (100.0%)
Population in Families 2,418 (81.4%)
Population in Group Quarters1 0
Population Density 1,467
Diversity Index2 53
 
 

INCOME

Median Household Income $90,483
Average Household Income $106,510
% of Income for Mortgage4 32%
Per Capita Income $46,513
Wealth Index5 93
Socioeconomic Status Index6 Moderate (47.5)
 

HOUSING

Total HU (Housing Units) 1,535 (100%)
Owner Occupied HU 971 (63.3%)
Renter Occupied HU 326 (21.2%)
Vacant Housing Units 238 (15.5%)
Median Home Value $457,836
Average Home Value $521,524
Housing Affordability Index3 65
 

HOUSEHOLDS

Total Households 1,297
Average Household Size 2.29
Family Households 777
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.19% -0.48%
Households 0.20% 0.09%
Families   0.26%
Median Household Income   2.85%
Per Capita Income   3.37%
Owner Occupied HU   0.21%

Greenwood Lake, NY - Peer Comparisons by Rank and Percentile

The table below compares Greenwood Lake to the other 1,292 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 499 61st
Population Density # 561 57th
Median Household Income # 515 60th
Housing Affordability Index # 283 22nd
Per Capita Income # 581 55th
Diversity Index # 353 73rd

Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.

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