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Canastota, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Canastota, New York had a total population of 4,487, the 387th largest village in New York, with a median household income of $74,015, which is 14% lower than the state average. The poverty rate is 10.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Canastota Quick Facts

Population 4,487
Median Household Income $74,015
Median Home Value $144,800
Poverty Rate 10.8%
Unemployment Rate 3.4%
Median Age 43.6 years
Homeownership Rate 68.3%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 22.2%
High School Graduation Rate 90.3%
Diversity Index 35/100
Population 4,487 387th of 1,289
Median Income $74,015 below average
Poverty Rate 10.8% 13% lower than national
Median Home Value $144,800 bottom 30%

How Canastota Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population4,5274,487-0.9%
Median household income$71,250$74,015+3.9%
Median home value$131,500$144,800+10.1%

How Canastota Compares

Economy & Housing

Household Income Distribution

Under $25K 17.2%
$25K-$50K 20.3%
$50K-$100K 30.5%
$100K+ 32.0%
Detailed income brackets
Under $10K
5.4%
$10K-$15K
3.7%
$15K-$20K
5.6%
$20K-$25K
2.6%
$25K-$30K
3.1%
$30K-$35K
7.0%
$35K-$40K
4.5%
$40K-$45K
1.6%
$45K-$50K
4.1%
$50K-$60K
3.0%
$60K-$75K
10.2%
$75K-$100K
17.3%
$100K-$125K
9.8%
$125K-$150K
9.3%
$150K-$200K
10.0%
$200K+
3.0%

Employment

3.4% Unemployment Rate State: 6.4%|National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 68.3%
Renter 31.7%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $930/mo 15.1% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 61

Education

Canastota Rankings in New York

#387 Population of 1,289
#738 Median Income of 1,219
#971 Education of 1,288
#969 Home Value of 1,232

Other Cities in Madison County

CityPopulationMedian IncomePovertyHome Value
Oneida 10,171 $61,597 14.3% $160,100
Chittenango 4,831 $70,786 14.6% $182,500
Hamilton 4,370 $66,750 13.0% $264,200
Cazenovia 2,753 $92,857 5.8% $295,200
Morrisville 1,594 $50,000 19.6% $171,900
Earlville 654 $75,469 6.0% $134,400
Wampsville 540 $73,000 9.1% $172,400
Madison 403 $54,063 24.1% $107,800
Munnsville 369 $77,750 6.3% $114,400
DeRuyter 349 $55,000 16.3% $107,600

Cities Similar to Canastota

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Menands4,505$80,583$271,30042.5%5.4%
Manlius4,644$69,942$263,30054.4%8.4%
Hamilton4,370$66,750$264,20059.2%13.0%
Springville4,190$71,996$195,30030.6%10.5%
Clarkson4,836$76,368$193,50029.8%9.2%

Population Overview

Canastota is a small community located in New York, within Madison County. The total population is 4,487. It ranks as the 387th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Canastota is 43.6 years. This is 10% higher than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Canastota is $74,015. This is 14% lower than the state median of $85,974. It is also 8% lower than the national median of $80,734. The poverty rate stands at 10.8%. This is 23% lower than the state poverty rate of 14.0%. The unemployment rate is 3.4%. This is 46% lower than the state rate of 6.4%. The median home value is $144,800. Housing costs are 66% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.0x, Canastota is one of the most affordable housing markets in the area. 68.3% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 54.4%.

Race & Ethnicity

The largest racial or ethnic group in Canastota is White (non-Hispanic), making up 79.5% of the population. Black or African American residents account for 5.3%. The White (non-Hispanic) population is significantly higher than the state average (79.5% vs 52.8%). The Black or African American population (5.3%) is well below the state average of 13.4%. The Hispanic or Latino population (3.4%) is well below the state average of 19.8%. The Asian population (0.3%) is well below the state average of 9.0%.

Education

22.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 45% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.

Data Sources & Methodology

All demographic data for Canastota, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Canastota, New York?

Canastota, New York has a population of 4,487 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Canastota, NY?

The median household income in Canastota is $74,015, which is 8% lower than the national median of $80,734.

What is the poverty rate in Canastota, NY?

The poverty rate in Canastota is 10.8%. This means approximately 485 residents live below the federal poverty line.

What is the racial makeup of Canastota, New York?

Canastota's population is 79.5% White, 5.3% Black, 3.4% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Canastota, NY?

The median home value in Canastota is $144,800. The home-value-to-income ratio is 2.0x.

How educated is Canastota, New York?

22.2% of adults (25+) in Canastota hold a bachelor's degree or higher, and 9.0% hold a graduate or professional degree.