Island Park is a very small coastal village (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 4,976 people and two associated neighborhoods, Island Park is the 326th largest community in New York.

Housing costs in Island Park 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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.53% 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.

Island Park is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

One downside of living in Island Park, however, is that residents on average have to contend with a long commute, spending on average 34.98 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 village, Island Park 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.

The overall education level of Island Park citizens is substantially higher than the typical US community, as 30.10% of adults in Island Park have at least a bachelor's degree, and the average American community has 21.84%.

The per capita income in Island Park in 2022 was $49,264, 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 $197,056 for a family of four. However, Island Park contains both very wealthy and poor people as well.

Island Park is an extremely ethnically-diverse village. The people who call Island Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Island Park residents report their race to be White, followed by Asian. Island Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 24.59% of the village’s residents. Important ancestries of people in Island Park include Italian, Irish, German, Yugoslavian, and Polish.

Foreign born people are also an important part of Island Park's cultural character, accounting for 23.64% of the village’s population.

The most common language spoken in Island Park is English. Other important languages spoken here include Spanish and Chinese.