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Newfane CDP, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Newfane CDP, New York has a total population of 3,470, the 456th largest city in New York, with a median household income of $75,049, which is 11% lower than the state average. The poverty rate is 6.2%.

Key Takeaways

Newfane CDP Quick Facts

Population 3,470
Median Household Income $75,049
Median Home Value $143,500
Poverty Rate 6.2%
Unemployment Rate 1.4%
Median Age 37.4 years
Homeownership Rate 77.6%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 28.3%
High School Graduation Rate 94.2%
Diversity Index 13/100
Population 3,470 456th of 1,287
Median Income $75,049 average
Poverty Rate 6.2% 50% lower national
Median Home Value $143,500 bottom 30%

How Newfane CDP Compares

Economy & Housing

Employment

1.4% Unemployment Rate State: 6.2% | National: 5.2%
56.2% Labor Force Participation

Housing Overview

Owner 77.6%
Renter 22.4%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 65 | National average: 60

Education

Newfane CDP Rankings in New York

#456 Population of 1,287
#708 Median Income of 1,287
#754 Education of 1,287
#912 Home Value of 1,287

Cities Similar to Newfane CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lowville village3,432$73,656$159,60030.6%13.4%
SUNY Oswego CDP3,565N/AN/A92.7%47.9%
Avon village3,415$72,976$182,70032.4%10.7%
Ravena village3,256$77,163$194,40026.4%6.0%
Lyons CDP3,536$66,543$89,40018.1%21.2%

Population Overview

Newfane CDP is a small community located in New York. The total population is 3,470. It ranks as the 456th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Newfane CDP is 37.4 years. This is 6% lower than the state median of 39.6 years.

Economy, Income & Housing

The median household income in Newfane CDP is $75,049. This is 11% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 4% lower. The poverty rate stands at 6.2%. This is 55% lower than the state poverty rate of 13.7%. The unemployment rate is 1.4%. This is 77% lower than the state rate of 6.2%. The median home value is $143,500. Housing costs are 64% lower than the state median of $403,000. With a home-value-to-income ratio of just 1.9x, Newfane CDP is one of the most affordable housing markets in the area. 77.6% of occupied housing units are owner-occupied. This homeownership rate is 43% higher than the state average of 54.3%.

Race & Ethnicity

Newfane CDP has a predominantly White (non-Hispanic) population, comprising 92.7% of all residents. Black or African American residents account for 0.9%. The White (non-Hispanic) population is significantly higher than the state average (92.7% vs 53.4%). The Black or African American population (0.9%) is well below the state average of 13.6%. The Hispanic or Latino population (0.3%) is well below the state average of 19.6%. The Asian population (0.3%) is well below the state average of 8.8%.

Education

28.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% 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 94.2%. Notably, 15.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Newfane CDP, 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.

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Frequently Asked Questions

What is the population of Newfane CDP, New York?

Newfane CDP, New York has a population of 3,470 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Newfane CDP, NY?

The median household income in Newfane CDP is $75,049, which is 4% lower the national median of $78,538.

What is the poverty rate in Newfane CDP, NY?

The poverty rate in Newfane CDP is 6.2%. This means approximately 206 residents live below the federal poverty line.

What is the racial makeup of Newfane CDP, New York?

Newfane CDP's population is 92.7% White, 0.9% Black, 0.3% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Newfane CDP, NY?

The median home value in Newfane CDP is $143,500. The home-value-to-income ratio is 1.9x.

How educated is Newfane CDP, New York?

28.3% of adults (25+) in Newfane CDP hold a bachelor's degree or higher, and 15.5% hold a graduate or professional degree.