Cost of Living in Freeport, NY
Population: 44,102 • 2026 Data
$118,755
Median Household Income
+53% vs national
$1,984
Median Monthly Rent
+47% vs national
$479,700
Median Home Value
+41% vs national
5.8%
Unemployment Rate
Housing in Freeport
The median home value in Freeport, NY is $479,700. Monthly rent for a typical unit averages $1,984, while total monthly housing costs (including utilities and insurance) average $2,411.
Rent-to-income ratio: 20.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Freeport, NY is $118,755. The unemployment rate stands at 5.8%, with a labor force of 24,474 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.