Islip Terrace is a somewhat small town located in the state of New York. With a population of 5,323 people and two associated neighborhoods, Islip Terrace is the 308th largest community in New York.

Housing costs in Islip Terrace 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.

Of important note, Islip Terrace is also a town of artists. Islip Terrace has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Islip Terrace’s character.

Also of interest is that Islip Terrace has more people living here who work in computers and math than 95% of the places in the US.

Because of many things, Islip Terrace 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, Islip Terrace really has some of the features that families look for when choosing a good community to raise children. Is Islip Terrace 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.

In terms of college education, Islip Terrace is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 33.67% of adults in Islip Terrace have a college degree.

The per capita income in Islip Terrace in 2022 was $54,135, 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 $216,540 for a family of four.

Islip Terrace is a somewhat ethnically-diverse town. The people who call Islip Terrace home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Islip Terrace residents report their race to be White, followed by Asian. Islip Terrace also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.14% of the town’s residents. Important ancestries of people in Islip Terrace include Italian, Irish, German, Greek, and Polish.

The most common language spoken in Islip Terrace is English. Other important languages spoken here include Spanish and Slavic languages.