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, however, is that residents on average have to contend with a long commute, spending on average 31.25 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.
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 education level of Hyde Park citizens is very high relative to the national average among all cities (21.84%): 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.