Everything You Should Know Before Moving to Inwood, NY
Considering Inwood, NY for your next move? This vibrant Manhattan neighborhood of about 8,500 residents offers city living with a smaller community feel. Expect a higher cost of living, with median home prices near $660,000 and average rents around $1,900. Commute times average 46 minutes, but excellent public transit access and plentiful parks make city life convenient. While crime rates are typical for NYC, Inwood stands out for its diverse community, walkability, and easy access to top schools, colleges, and healthcare. Enjoy a lively urban lifestyle with four distinct seasons and plenty of nearby amenities.
Demographics - Inwood, NY
Demographics - Inwood, NY
Inwood, NY is a densely populated Manhattan neighborhood with around 8,500 residents and a median age of 34, reflecting a youthful and vibrant community. The area is notably diverse, with a majority identifying as non-white and 60% of residents speaking a language other than English at home. This multicultural environment creates a dynamic and inclusive atmosphere for newcomers.
Population:
8,500
Density:
12,000 per sq mi
Median Age:
34.2
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
60.0%
Ethnic Composition
White:
28.0%
Black:
9.0%
Asian:
2.5%
Others:
60.5%
Cost Of Living
What is the average cost of living in Inwood, NY?
Living in Inwood comes with a higher cost, as the median home value is around $660,000 and average rents are about $1,900 per month. Utilities and daily expenses are above the national average, with a cost of living index of 158.3, driven largely by housing. State income taxes can range from 4.0% to 10.9%, making careful budgeting important for new residents.
Median House Value:
$660,000
Gross Rent:
$1,900
Monthly Electricity Charges:
$145
Auto Insurance:
$2,400
House Owner Cost With Mortgage:
$2,800
House Owner Cost Without Mortgage:
$950
State Taxes:
Low:
4.0%
|
High:
10.9%
Cost Of Living Index:
158.3
Grocery:
140.0
Housing:
190.0
Utilities:
120.0
Transportation:
135.0
Health Care:
122.0
Miscellaneous:
117.0
Crime
Is Inwood, NY a safe place to live?
Inwood’s crime rates are typical for New York City, with a chance of property crime at 1 in 72 and violent crime at 1 in 495. While these numbers highlight the importance of staying aware, the neighborhood generally maintains a sense of safety and community. Residents benefit from active neighborhood watch and local police presence.
Violent Crimes Per 100k:
202
Property Crimes Per 100k:
1,380
Crime Index:
1,582
Chance Of Violent Crime:
1 in 495
Chance Of Property Crime:
1 in 72
Weather
What is the weather like in Inwood, NY year-round?
Inwood experiences four distinct seasons, with cold winters averaging lows of 27°F and warm summers reaching highs of 84°F. The area receives about 46.5 inches of rainfall annually and enjoys sunshine roughly 55% of the year. Residents can expect a classic New York climate, ideal for experiencing the changing seasons.
Winter
Min:
27°F
Max:
39°F
Spring
Min:
45°F
Max:
65°F
Summer
Min:
67°F
Max:
84°F
Fall
Min:
50°F
Max:
69°F
Average Rainfall Inches:
46.5 inches
Sunny Days Percentage:
55%
Neighbors
Local households in Inwood have a median income of $61,500, and about 19% live below the poverty line. With 42% of residents relying on public transportation and an average commute of 46 minutes, the area caters well to urban professionals. The community is characterized by its diversity, strong public transit use, and a mix of renters and homeowners.
Median Income:
$42,200
Household Income:
$61,500
Family Income:
$67,800
Per Capita Income:
$27,600
Income Male:
$34,000
Income Female:
$31,000
Poverty Rate:
19.1%
Non English Speakers:
60.0%
Rent:
$1,900
Unemployment Rate:
6.1%
Public Transport Usage:
42.0%
Commute Time:
46 minutes
Education
High School or Higher:
76.5%
Bachelors or More:
18.2%
Education
How are the schools in Inwood, NY?
Inwood offers families a selection of public and private schools, with student-teacher ratios around 15:1, supporting a focused learning environment. Notable nearby higher education institutions, such as City College of New York and Columbia University, are within a short commute. The area maintains strong educational resources for students of all ages.
Public Schools
Name:
P.S. 98 The Shorac Kappock School
Street:
512 West 212th St
Phone:
212-544-1083
Students:
580
Student Teacher Ratio:
14.9
Name:
P.S. 278 In-Tech Academy
Street:
2975 Tibbett Ave
Phone:
718-432-4300
Students:
1,100
Student Teacher Ratio:
15.3
Private Schools
Name:
Good Shepherd School
Street:
620 Isham St
Phone:
212-567-5800
Students:
310
Colleges
Name:
City College of New York (CUNY)
City:
New York
State:
NY
Distance:
4 miles
Students:
16,000
Name:
Columbia University
City:
New York
State:
NY
Distance:
7 miles
Students:
31,000
Healthcare
Inwood residents have access to major hospitals such as NewYork-Presbyterian Allen Hospital and NYC Health + Hospitals/Harlem, both offering comprehensive emergency services. The area boasts a high physician-to-population ratio and nearly 90% health insurance coverage. Quality healthcare is readily available, making it convenient for families and individuals alike.
Major Hospitals
Name:
NYC Health + Hospitals/Harlem
Address:
506 Lenox Ave, New York, NY 10037
Phone:
(212) 939-1000
Type:
General & Surgical
Emergency Services:
Yes
Name:
NewYork-Presbyterian Allen Hospital
Address:
5141 Broadway, New York, NY 10034
Phone:
(212) 932-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.2
Health Insurance Coverage:
89.0%
Health Care Index:
78.5
Housing Market
What is the housing market like in Inwood, NY?
The housing market in Inwood is competitive, with a median home price of $660,000 and most residents choosing to rent, as owner-occupied homes make up just under 20%. Rental vacancy rates are low at 4.8%, and home values have appreciated by 7.2% over the past year. New construction is limited, but the neighborhood remains attractive for both renters and buyers.
Median Home Price:
$660,000
Average Rent For 2 Bedroom:
$1,900
Owner Occupied Rate:
19.5%
Rental Vacancy Rate:
4.8%
Home Appreciation Rate (1yr):
7.2%
New Construction Rate:
1.2%
Foreclosure Rate:
0.6%
DMV Information
Residents can access DMV services at the New York State Department of Motor Vehicles located on Greenwich Street, providing all essential licensing and registration needs. The office is centrally located and reachable via public transit. Online services are also available through the official DMV website for added convenience.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
11 Greenwich Street, New York, NY 10004
Phone:
1-212-645-5550
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.