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Deposit, New York Demographics & Population 2026

High PovertyPoverty rate of 27.8% is well above the state average
Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Deposit, New York had a total population of 1,424, the 741st largest village in New York, with a median household income of $48,214, which is 44% lower than the state average. The poverty rate is 27.8%.

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

Key Takeaways

Deposit Quick Facts

Population 1,424
Median Household Income $48,214
Median Home Value $118,500
Poverty Rate 27.8%
Unemployment Rate 3.1%
Median Age 48.2 years
Homeownership Rate 63.3%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 14.1%
High School Graduation Rate 93.6%
Diversity Index 18/100
Population 1,424 741st of 1,289
Median Income $48,214 bottom 10%
Poverty Rate 27.8% 123% higher than national
Median Home Value $118,500 bottom 20%

How Deposit 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
Population1,3451,424+5.9%
Median household income$46,023$48,214+4.8%
Median home value$112,500$118,500+5.3%

How Deposit Compares

Economy & Housing

Household Income Distribution

Under $25K 34.2%
$25K-$50K 18.0%
$50K-$100K 25.8%
$100K+ 22.0%
Detailed income brackets
Under $10K
10.0%
$10K-$15K
8.1%
$15K-$20K
11.0%
$20K-$25K
5.1%
$25K-$30K
5.0%
$30K-$35K
3.4%
$35K-$40K
3.2%
$40K-$45K
2.2%
$45K-$50K
4.3%
$50K-$60K
4.1%
$60K-$75K
8.4%
$75K-$100K
13.3%
$100K-$125K
5.6%
$125K-$150K
6.9%
$150K-$200K
7.3%
$200K+
2.2%

Employment

3.1% Unemployment Rate State: 6.4%|National: 5.2%
52.7% Labor Force Participation

Housing Overview

Owner 63.3%
Renter 36.7%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $717/mo 17.8% of median household income annually

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

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

State average: 65 | National average: 61

Education

Deposit Rankings in New York

#741 Population of 1,289
#1129 Median Income of 1,219
#1178 Education of 1,288
#1076 Home Value of 1,232

Other Cities in Broome County

CityPopulationMedian IncomePovertyHome Value
Binghamton 47,151 $45,578 32.6% $124,800
Johnson City 14,940 $56,283 19.6% $117,100
Endicott 13,387 $47,290 29.0% $121,800
Endwell 11,546 $82,726 8.4% $173,300
Binghamton University 7,449 N/A N/A N/A
Chenango Bridge 3,116 $96,250 5.7% $168,200
Port Dickinson 1,635 $69,375 11.7% $142,800
Windsor 1,128 $72,794 10.6% $138,800
Whitney Point 965 $45,536 29.6% $140,800
Glen Aubrey 311 $70,882 0.0% $124,300

Cities Similar to Deposit

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Camillus1,424$50,000$164,20033.3%11.0%
Niagara University1,473N/AN/AN/AN/A
Sherburne1,422$45,129$139,50015.8%19.6%
Port Henry1,410$45,706$174,10021.3%33.1%
St. John Fisher College1,361N/AN/A0.0%N/A

Population Overview

Deposit is a small community located in New York, within Broome County. The total population is 1,424. It ranks as the 741st most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Deposit is 48.2 years. This is 21% higher than the state median of 39.8 years. 12.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Deposit is $48,214. This is 44% lower than the state median of $85,974. It is also 40% lower than the national median of $80,734. The poverty rate stands at 27.8%. This is 98% higher than the state poverty rate of 14.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 3.1%. This is 51% lower than the state rate of 6.4%. The median home value is $118,500. Housing costs are 72% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.5x, Deposit is one of the most affordable housing markets in the area. 63.3% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 54.4%.

Race & Ethnicity

Deposit has a predominantly White (non-Hispanic) population, comprising 90.3% of all residents. Hispanic or Latino residents account for 5.7%. The White (non-Hispanic) population is significantly higher than the state average (90.3% vs 52.8%). The Black or African American population (0.8%) is well below the state average of 13.4%. The Hispanic or Latino population (5.7%) is well below the state average of 19.8%. The Asian population (0.6%) is well below the state average of 9.0%.

Education

14.1% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 65% 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 93.6%.

Data Sources & Methodology

All demographic data for Deposit, 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 Deposit, New York?

Deposit, New York has a population of 1,424 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Deposit, NY?

The median household income in Deposit is $48,214, which is 40% lower than the national median of $80,734.

What is the poverty rate in Deposit, NY?

The poverty rate in Deposit is 27.8%. This means approximately 394 residents live below the federal poverty line.

What is the racial makeup of Deposit, New York?

Deposit's population is 90.3% White, 0.8% Black, 5.7% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Deposit, NY?

The median home value in Deposit is $118,500. The home-value-to-income ratio is 2.5x.

How educated is Deposit, New York?

14.1% of adults (25+) in Deposit hold a bachelor's degree or higher, and 5.5% hold a graduate or professional degree.