New York / County

Moving to Park Terrace, NY

Thinking of making a move to Park Terrace, NY? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Park Terrace, NY

Considering a move to Park Terrace, NY? This welcoming community of 2,100 residents offers a blend of suburban charm and convenience, with median home prices around $515,000 and average rents near $1,950. Commute times average 35 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Park Terrace's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Park Terrace, NY

Park Terrace has a population of 2,100 residents, offering a diverse community with a median age of nearly 41 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 61% White, 11% Black, and 13% Asian residents, and over 18% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
2,100
Density
5,800 per sq mi
Median Age
41.2
Gender Ratio
92 males per 100 females
Non-English Speakers Percentage
18.4%

Ethnic Composition

White
61.0%
Black
10.5%
Asian
13.2%
Others
15.3%

Cost Of Living

What is the average cost of living in Park Terrace, NY?

The cost of living in Park Terrace is higher than the national average, with a cost of living index of 138.6. Median home values are around $515,000 and average rents for a two-bedroom apartment are approximately $1,950. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$515,000
Gross Rent
$1,950
Monthly Electricity Charges
$142
Auto Insurance
$2,150
House Owner Cost With Mortgage
$2,780
House Owner Cost Without Mortgage
$840
State Taxes
Low: 4.0%| High: 10.9%
Cost Of Living Index
138.6
Grocery
123.4
Housing
159.2
Utilities
118.7
Transportation
126.8
Health Care
116.3
Miscellaneous
111.9

Crime

Is Park Terrace, NY a safe place to live?

Park Terrace is considered a safe community, with a low violent crime rate of 220 incidents per 100,000 residents and a property crime chance of 1 in 65. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in New York.

Violent Crimes Per 100k
220
Property Crimes Per 100k
1,540
Crime Index
1,760
Chance Of Violent Crime
1 in 455
Chance Of Property Crime
1 in 65

Weather

What is the weather like in Park Terrace, NY year-round?

Park Terrace experiences four distinct seasons, with warm summers reaching highs of 86°F and cold winters dipping to 24°F. The area receives about 47 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
24°F
Max
37°F

Summer

Min
68°F
Max
86°F

Spring

Min
44°F
Max
65°F

Fall

Min
49°F
Max
70°F
Average Rainfall Inches
46.8 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $101,500 and a low poverty rate of 8.1%. Over 90% of residents have at least a high school diploma, and nearly 39% hold a bachelor's degree or higher. Commute times average 35 minutes, and almost 31% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$58,000
Household Income
$101,500
Family Income
$116,000
Per Capita Income
$42,500
Income Male
$55,000
Income Female
$47,000
Poverty Rate
8.1%
Non English Speakers
24.6%
Rent
$1,950
Unemployment Rate
4.7%
Public Transport Usage
31.4%
Commute Time
34.8 minutes

Education

High School or Higher
89.8%
Bachelors or More
38.7%

Education

How are the schools in Park Terrace, NY?

Park Terrace offers quality education options, with public schools like Park Terrace Elementary School and Terrace Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Rockland Community College and St. Thomas Aquinas College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Park Terrace Elementary School
Street
120 Terrace Ave
Phone
(555) 214-9801
Students
430
Student Teacher Ratio
13.6
Name
Terrace Middle School
Street
88 Maple St
Phone
(555) 214-9815
Students
610
Student Teacher Ratio
14.1

Private Schools

Name
St. Anne Academy
Street
42 Church Rd
Phone
(555) 214-9932
Students
185

Colleges

Name
Rockland Community College
City
Suffern
State
NY
Distance
12 miles
Students
7,200
Name
St. Thomas Aquinas College
City
Sparkill
State
NY
Distance
15 miles
Students
2,000

Healthcare

Park Terrace residents have access to quality healthcare, with major hospitals like Nyack Hospital and Good Samaritan Hospital nearby. The community benefits from a high physician-to-resident ratio of 3.0 per 1,000 people and 94.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Nyack Hospital
Address
160 N Midland Ave, Nyack, NY 10960
Phone
(845) 348-2000
Type
General & Surgical
Emergency Services
Yes
Name
Good Samaritan Hospital
Address
1000 Montauk Hwy, West Islip, NY 11795
Phone
(631) 376-3000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.0
Health Insurance Coverage
94.1%
Health Care Index
77.8

Housing Market

What is the housing market like in Park Terrace, NY?

The local housing market is strong, with a median home price of $515,000 and an owner-occupied rate of nearly 63%. The market has seen a 4.9% appreciation over the past year, and rental vacancy rates remain moderate at 4.6%. Park Terrace offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$515,000
Average Rent For 2 Bedroom
$1,950
Owner Occupied Rate
63.4%
Rental Vacancy Rate
4.6%
Home Appreciation Rate (1yr)
4.9%
New Construction Rate
1.3%
Foreclosure Rate
0.4%

DMV Information

Residents of Park Terrace handle vehicle services through the New York State Department of Motor Vehicles, conveniently located in Albany. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
New York
Department
New York State Department of Motor Vehicles
Address
6 Empire State Plaza, Albany, NY 12228
Phone
1-518-486-9786

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.

FAQs About Moving to Park Terrace, NY

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Park Terrace, review the core fields on this page: population 2,100, median home value $515,000, average rent for 2 bedroom $1,950, commute time 34.8 minutes, and sunny days percentage 54%.

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