Putnam Valley is a medium-sized town located in the state of New York. With a population of 11,744 people and three associated neighborhoods, Putnam Valley is the 159th largest community in New York. Housing costs in Putnam Valley are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New York.Putnam Valley is a decidedly white-collar town, with fully 86.53% of the workforce employed in white-collar jobs, well above the national average. Overall, Putnam Valley is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Putnam Valley who work in management occupations (20.86%), teaching (11.61%), and office and administrative support (9.41%). One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.88% 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. Because of many things, Putnam Valley is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Putnam Valley really has some of the features that families look for when choosing a good community to raise children. Is Putnam Valley perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. One downside of living in Putnam Valley, however, is that residents on average have to contend with a long commute, spending on average 40.01 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead. Despite being a small town, Putnam Valley has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.Do you like to read, write and learn? If you move to Putnam Valley, you'll likely find that many of your neighbors like to as well. Putnam Valley is one of the more educated communities in America, with a full 50.81% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%. The per capita income in Putnam Valley in 2022 was $59,859, 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 $239,436 for a family of four. Putnam Valley is a very ethnically-diverse town. The people who call Putnam Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Putnam Valley residents report their race to be White, followed by Black or African-American. Putnam Valley also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.49% of the town’s residents. Important ancestries of people in Putnam Valley include Italian, Irish, German, English, and Polish. The most common language spoken in Putnam Valley is English. Other important languages spoken here include Spanish and Other Indo-European.