Hyde Park is a very small town located in the state of New York. With a population of 1,925 people and three associated neighborhoods, Hyde Park is the 608th largest community in New York.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.24% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Hyde Park is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Hyde Park enrolled in college, Hyde Park has a number of services, amenities and opportunities geared towards the needs and activities of students.
One downside of living in Hyde Park is that it can take a long time to commute to work. In Hyde Park, the average commute to work is 31.25 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Even though Hyde Park is a smaller town, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
The population of Hyde Park is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 38.13% of adults in Hyde Park have a bachelor's degree or even advanced degree.
The per capita income in Hyde Park in 2022 was $54,382, which is upper middle income relative to New York, and wealthy relative to the rest of the US. This equates to an annual income of $217,528 for a family of four. However, Hyde Park contains both very wealthy and poor people as well.
Hyde Park is a somewhat ethnically-diverse town. The people who call Hyde Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hyde Park residents report their race to be White, followed by Black or African-American. Important ancestries of people in Hyde Park include Irish, German, Italian, English, and European.
The most common language spoken in Hyde Park is English. Other important languages spoken here include Italian and Spanish.