Putnam Valley is a medium-sized town located in the state of New York. With a population of 11,722 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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.29% 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 41.48 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 Putnam Valley is a smaller town, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.

The citizens of Putnam Valley are among the most well-educated in the nation: 48.72% of adults in Putnam Valley have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.

The per capita income in Putnam Valley in 2022 was $56,269, 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 $225,076 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 Asian. 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 15.41% 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.