Allegany village, New York Demographics & Population 2026

Population Overview

Allegany village is a small community located in New York. The total population is 1,773. It ranks as the 680th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Allegany village is 37.1 years. This is 6% lower than the state median of 39.6 years.

Economy, Income & Housing

The median household income in Allegany village is $73,802. This is 13% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 6% lower. The poverty rate stands at 16.0%. This is 17% higher than the state poverty rate of 13.7%. The unemployment rate is 1.5%. This is 75% lower than the state rate of 6.2%. The median home value is $152,000. Housing costs are 62% lower than the state median of $403,000. With a home-value-to-income ratio of just 2.1x, Allegany village is one of the most affordable housing markets in the area. 64.1% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 54.3%.

Race & Ethnicity

Allegany village has a predominantly White (non-Hispanic) population, comprising 86.8% of all residents. Asian residents account for 4.1%. The White (non-Hispanic) population is significantly higher than the state average (86.8% vs 53.4%). The Black or African American population (1.1%) is well below the state average of 13.6%. The Hispanic or Latino population (1.4%) is well below the state average of 19.6%. The Asian population (4.1%) is well below the state average of 8.8%.

Education

46.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% higher than the state rate of 39.6%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.0%. Notably, 24.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Allegany village, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,287 Census-designated places in New York. For official data, visit data.census.gov.