Margaretville village, New York Demographics & Population 2026

Population Overview

Margaretville village is a small community located in New York. The total population is 651. It ranks as the 970th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Margaretville village is 50.3 years. This is 27% higher than the state median of 39.6 years. 18.4% 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 Margaretville village is $36,411. This is 57% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 54% lower. The poverty rate stands at 20.8%. This is 52% higher than the state poverty rate of 13.7%. 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 0.0%. This is 100% lower than the state rate of 6.2%. The median home value is $192,400. Housing costs are 52% lower than the state median of $403,000. The home-value-to-income ratio is 5.3x. 53.8% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Margaretville village is White (non-Hispanic), making up 58.1% of the population. Hispanic or Latino residents account for 37.9%. The Black or African American population (2.3%) is well below the state average of 13.6%. The Hispanic or Latino population is significantly higher than the state average (37.9% vs 19.6%). The Asian population (1.7%) is well below the state average of 8.8%.

Education

11.2% 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 72% lower 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 79.1%.

Data Sources & Methodology

All demographic data for Margaretville 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.