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Nichols village, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Nichols village, New York has a total population of 612, the 998th largest city in New York, with a median household income of $66,250, which is 22% lower than the state average. The poverty rate is 1.3%.

Key Takeaways

Nichols village Quick Facts

Population 612
Median Household Income $66,250
Median Home Value $137,900
Poverty Rate 1.3%
Unemployment Rate 0.4%
Median Age 42.9 years
Homeownership Rate 76.9%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 14.9%
High School Graduation Rate 88.7%
Diversity Index 6/100
Population 612 998th of 1,287
Median Income $66,250 below average
Poverty Rate 1.3% 89% lower national
Median Home Value $137,900 bottom 30%

How Nichols village Compares

Economy & Housing

Employment

0.4% Unemployment Rate State: 6.2% | National: 5.2%
55.2% Labor Force Participation

Housing Overview

Owner 76.9%
Renter 23.1%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

6out 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

Nichols village Rankings in New York

#998 Population of 1,287
#837 Median Income of 1,287
#1163 Education of 1,287
#935 Home Value of 1,287

Cities Similar to Nichols village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
South Cairo CDP601N/A$165,4005.1%14.8%
Forestville CDP625N/A$95,4003.0%11.5%
Paul Smiths CDP594N/AN/A100.0%N/A
La Fargeville CDP637N/A$173,90012.6%40.4%
Scio CDP641N/A$125,20021.4%24.8%

Population Overview

Nichols village is a small community located in New York. The total population is 612. It ranks as the 998th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Nichols village is 42.9 years. This is 8% higher than the state median of 39.6 years. 13.1% 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 Nichols village is $66,250. This is 22% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 1.3%. This is 90% lower than the state poverty rate of 13.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.4%. This is 94% lower than the state rate of 6.2%. The median home value is $137,900. Housing costs are 66% lower than the state median of $403,000. With a home-value-to-income ratio of just 2.1x, Nichols village is one of the most affordable housing markets in the area. 76.9% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 54.3%.

Race & Ethnicity

Nichols village has a predominantly White (non-Hispanic) population, comprising 96.9% of all residents. The White (non-Hispanic) population is significantly higher than the state average (96.9% vs 53.4%).

Education

14.9% 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 62% 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 88.7%.

Data Sources & Methodology

All demographic data for Nichols 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.

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Frequently Asked Questions

What is the population of Nichols village, New York?

Nichols village, New York has a population of 612 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Nichols village, NY?

The median household income in Nichols village is $66,250, which is 16% lower the national median of $78,538.

What is the poverty rate in Nichols village, NY?

The poverty rate in Nichols village is 1.3%. This means approximately 8 residents live below the federal poverty line.

What is the racial makeup of Nichols village, New York?

Nichols village's population is 96.9% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Nichols village, NY?

The median home value in Nichols village is $137,900. The home-value-to-income ratio is 2.1x.

How educated is Nichols village, New York?

14.9% of adults (25+) in Nichols village hold a bachelor's degree or higher, and 6.5% hold a graduate or professional degree.