Forest Home

Population: 1,164
Median household income: $59,107
Median home value: $496,900

Forest Home is a community in Tompkins County, New York, home to 1,164 residents. Its median household income of $59,107 runs below the Tompkins County figure of $73,012.

From 2019 to 2023, Forest Home's population grew 93.7% from 601 to 1,164, while its median home value rose 48.6% from $334,400 to $496,900.

6.7% of residents live below the poverty line. Households average 2.29 people.

Demographics

ACS 2019–2023

Population: 1,164
Median age: 29.4 yrs
Median household income: $59,107
Median home value: $496,900
Median gross rent: $1,378
Housing units: 453
Homeownership rate: 35.5%
Bachelor's degree or higher: 95.0%
Unemployment rate: 5.3%

Trends

ACS 5-year · 2019–2023

Population

6011,164

Median household income

$57,750$59,107

Median home value

$334,400$496,900

Median gross rent

$1,172$1,378

Year	Population	Median household income	Median home value	Median gross rent
2019	601	$57,750	$334,400	$1,172
2020	877	$62,425	$477,500	$1,179
2021	923	—	$582,500	$1,348
2022	1,107	$54,286	$500,000	$1,328
2023	1,164	$59,107	$496,900	$1,378

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 511.9%

5 to 1710.9%

18 to 247.8%

25 to 3440.6%

35 to 448.4%

45 to 544.0%

55 to 648.0%

65 to 747.3%

75 and over1.0%

	Count	Share
Under 5	138	11.9%
5 to 17	127	10.9%
18 to 24	91	7.8%
25 to 34	473	40.6%
35 to 44	98	8.4%
45 to 54	47	4.0%
55 to 64	93	8.0%
65 to 74	85	7.3%
75 and over	12	1.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	359	30.8%
Black or African American	138	11.9%
American Indian & Alaska Native	0	0.0%
Asian	516	44.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	14	1.2%
Two or more races	51	4.4%
Hispanic or Latino (any race)	86	7.4%

Educational attainment (age 25+)

No high school diploma0.2%

High school graduate0.6%

Some college or associate's4.1%

Bachelor's degree34.0%

Graduate or professional degree61.0%

	Count	Share
No high school diploma	2	0.2%
High school graduate	5	0.6%
Some college or associate's	33	4.1%
Bachelor's degree	275	34.0%
Graduate or professional degree	493	61.0%

Commute to work

Mean travel time to work: 20 min

Drove alone22.9%

Carpooled3.3%

Public transit23.3%

Walked28.0%

Bicycle3.1%

Worked from home19.4%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	118	22.9%
Carpooled	17	3.3%
Public transit	120	23.3%
Walked	144	28.0%
Bicycle	16	3.1%
Worked from home	100	19.4%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	134	32.3%
15 to 29 min	237	57.1%
30 to 44 min	31	7.5%
45 to 59 min	0	0.0%
60+ min	13	3.1%

Households

Average household size: 2.29
Poverty rate: 6.7% (60 of 899)

	Count	Share
Family households	227	57.9%
Nonfamily households	165	42.1%

Housing

Median year structure built: 1974

Occupancy

	Count	Share
Occupied	392	86.5%
Vacant	61	13.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	139	35.5%
Renter-occupied	253	64.5%

1-unit, detached42.6%

1-unit, attached9.9%

2 to 4 units16.8%

5 to 19 units18.1%

20 or more units12.6%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	193	42.6%
1-unit, attached	45	9.9%
2 to 4 units	76	16.8%
5 to 19 units	82	18.1%
20 or more units	57	12.6%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3626561
Type (LSAD): 57
Land area: 0.23 sq mi
Water area: 0.02 sq mi
Center point: 42.4519, -76.4685