$680K
median home price
2x
national average price
2%
housing growth 2012-22
Outflow
net migration of 25-34 age group

The Brain Drain Problem

Long Island has excellent schools that prepare young people for success—but too many leave after graduation because they cannot afford to stay. With median home prices at $680,000 (double the national average) and housing stock growing only 2% over a decade, young adults face impossible math.

This outflow threatens Long Island's economic future. Without young workers, businesses struggle to fill positions. Without young families, schools face declining enrollment. Without the next generation, communities age and stagnate.

Housing Solutions

Starter Home Production

First-Time Buyer Support

Rental Affordability

The Math of Affordability

At a $680,000 median home price with 20% down, a buyer needs $136,000 for a down payment plus income to support a roughly $4,200/month mortgage payment. That requires household income approaching $170,000—well above what most young workers earn.

Career Opportunity

Entry-Level Pathways

Remote Work Infrastructure

Remote and hybrid work has made it possible to live on Long Island while working for employers anywhere. Supporting this trend:

Quality of Life

What Keeps Young People

Downtown Revitalization

Vibrant downtowns attract young professionals who want urban amenities without Manhattan costs:

Policy Integration

Youth retention requires coordinating housing, economic development, and transportation policy. A young worker needs:

Related: Housing Production →