Putnam Valley, New York.
. New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$1,478 (+116%) since Jan 2020.
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- New York$2,755
- United States$1,922
Living in Putnam Valley, Putnam County, New York
Putnam Valley is a town of 11,762 people in Putnam County. Half its households earn more than $137,656 a year and half less, against $126,257 across Putnam County; 4% of its people live below the poverty line. 90% of its homes are lived in by their owners and 10% are rented. Unemployment in Putnam County was 3.5% in August 2026, and the county had 0.9% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Putnam Valley is a town where residents tend to be older than in many places, and most homes are lived in by their owners. Household incomes run higher than across the rest of Putnam County, and relatively few people live below the poverty line. A large share of adults hold a four-year degree, and a good number work from home, though the typical commute is a long one.
Work. Residents work mostly in schools, hospitals and social care, with others in professional and business services, the building trades and shops. Across Putnam County, some of the largest workplaces are the Carmel Central School District, Putnam Hospital Center and the Putnam Valley Central School District. Unemployment in the county has stayed close to where it was a year ago, while the number of jobs has dipped slightly.
Things to do. Clarence Fahnestock State Park, a protected area, lies in or beside town, as does Lake Oscawana. Kirk Lake is a short drive away, and so is the United States Military Academy, which is also a museum. Winters are cold and snowy, summers are warm, and the year brings plenty of rain and melted snow.
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- 4,086households
- 51%of adults have a degree
- 4%below the poverty line
- 45 mintypical commute
- 14%work from home
What residents work in
Employed residents by industry, from the Census survey. Putnam County had 26,879 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 37° and lows near 17°; warmest in July, with highs near 84° and lows near 61°. About 51 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Shrub Oak weather station, 4 miles away (NOAA).
Largest workplaces in Putnam County
- Putnam County933
- Carmel Central School DistrictSchool district805FTE
- Mahopac Central School DistrictSchool district683FTE
- Brewster Central School DistrictSchool district653FTE
- Putnam Hospital CenterGeneral hospital508FTE
- Putnam Valley Central School DistrictSchool district262FTE
- Haldane Central School DistrictSchool district167FTE
- Atlanticare ManagementNursing homes155
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 53 workplaces with 20 or more staff, 6,187 people in all across the county; Putnam Valley has two of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively moderate
- Strong windRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Putnam County, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Putnam County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Putnam Valley home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
Not enough data to draw this yet.
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Putnam Valley listings — the market is roughly in balance.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Putnam Valley19.93%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Putnam Valley37
New listings per month
Sellers arriving at the market.
- Putnam Valley12
Zip codes with a Putnam Valley address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Putnam Valley — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.