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Phelps village, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

As of 2026, Phelps village, New York has a total population of 2,164, the 598th largest city in New York, with a median household income of $65,272, which is 23% lower than the state average. The poverty rate is 14.8%.

Key Takeaways

Phelps village Quick Facts

Population 2,164
Median Household Income $65,272
Median Home Value $162,700
Poverty Rate 14.8%
Unemployment Rate 8.7%
Median Age 38.6 years
Homeownership Rate 75.4%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 24.5%
High School Graduation Rate 89.2%
Diversity Index 22/100
Population 2,164 598th of 1,287
Median Income $65,272 below average
Poverty Rate 14.8% 19% higher national
Median Home Value $162,700 below average

How Phelps village Compares

Economy & Housing

Employment

8.7% Unemployment Rate State: 6.2% | National: 5.2%
58.0% Labor Force Participation

Housing Overview

Owner 75.4%
Renter 24.6%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

22out 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

Phelps village Rankings in New York

#598 Population of 1,287
#848 Median Income of 1,287
#882 Education of 1,287
#824 Home Value of 1,287

Cities Similar to Phelps village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Central Square village2,136$67,232$191,00026.9%16.7%
Pulaski village2,202$62,733$151,20026.5%16.1%
Clifton Springs village2,124$62,500$163,90023.4%15.1%
Cooperstown village2,113$70,179$376,20061.0%9.3%
Marist College CDP2,300N/AN/A0.0%N/A

Population Overview

Phelps village is a small community located in New York. The total population is 2,164. It ranks as the 598th most populous out of 1,287 cities and towns in New York.

Age Demographics

The median age in Phelps village is 38.6 years. This is 3% lower than the state median of 39.6 years.

Economy, Income & Housing

The median household income in Phelps village is $65,272. This is 23% lower than the state median of $84,578. Compared to the national median of $78,538, household income here is 17% lower. The poverty rate stands at 14.8%. This is 8% higher than the state poverty rate of 13.7%. The unemployment rate is 8.7%. This is 41% higher than the state rate of 6.2%. The median home value is $162,700. Housing costs are 60% lower than the state median of $403,000. With a home-value-to-income ratio of just 2.5x, Phelps village is one of the most affordable housing markets in the area. 75.4% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 54.3%.

Race & Ethnicity

Phelps village has a predominantly White (non-Hispanic) population, comprising 87.6% of all residents. Hispanic or Latino residents account for 8.7%. The White (non-Hispanic) population is significantly higher than the state average (87.6% vs 53.4%). The Black or African American population (1.2%) is well below the state average of 13.6%. The Hispanic or Latino population (8.7%) is well below the state average of 19.6%.

Education

24.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% 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 89.2%.

Data Sources & Methodology

All demographic data for Phelps 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 Phelps village, New York?

Phelps village, New York has a population of 2,164 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Phelps village is $65,272, which is 17% lower the national median of $78,538.

What is the poverty rate in Phelps village, NY?

The poverty rate in Phelps village is 14.8%. This means approximately 318 residents live below the federal poverty line.

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

Phelps village's population is 87.6% White, 1.2% Black, 8.7% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Phelps village is $162,700. The home-value-to-income ratio is 2.5x.

How educated is Phelps village, New York?

24.5% of adults (25+) in Phelps village hold a bachelor's degree or higher, and 8.0% hold a graduate or professional degree.