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Phelps, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Phelps, New York had a total population of 2,254, the 591st largest village in New York, with a median household income of $71,083, which is 17% lower than the state average. The poverty rate is 14.7%.

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

Key Takeaways

Phelps Quick Facts

Population 2,254
Median Household Income $71,083
Median Home Value $170,400
Poverty Rate 14.7%
Unemployment Rate 7.6%
Median Age 38.5 years
Homeownership Rate 78.4%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 26.7%
High School Graduation Rate 91.2%
Diversity Index 26/100
Population 2,254 591st of 1,289
Median Income $71,083 below average
Poverty Rate 14.7% 18% higher than national
Median Home Value $170,400 below average

How Phelps 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
Population2,1642,254+4.2%
Median household income$65,272$71,083+8.9%
Median home value$162,700$170,400+4.7%

How Phelps Compares

Economy & Housing

Household Income Distribution

Under $25K 9.5%
$25K-$50K 22.7%
$50K-$100K 37.5%
$100K+ 30.3%
Detailed income brackets
Under $10K
1.8%
$10K-$15K
2.8%
$15K-$20K
0.9%
$20K-$25K
3.9%
$25K-$30K
5.3%
$30K-$35K
4.9%
$35K-$40K
4.5%
$40K-$45K
4.8%
$45K-$50K
3.3%
$50K-$60K
12.2%
$60K-$75K
8.3%
$75K-$100K
17.1%
$100K-$125K
11.4%
$125K-$150K
9.5%
$150K-$200K
6.3%
$200K+
3.1%

Employment

7.6% Unemployment Rate State: 6.4%|National: 5.2%
60.5% Labor Force Participation

Housing Overview

Owner 78.4%
Renter 21.6%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $1,111/mo 18.8% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

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

State average: 65 | National average: 61

Education

Phelps Rankings in New York

#591 Population of 1,289
#782 Median Income of 1,219
#834 Education of 1,288
#836 Home Value of 1,232

Other Cities in Ontario County

CityPopulationMedian IncomePovertyHome Value
Geneva 12,512 $79,435 16.0% $165,500
Canandaigua 10,514 $64,929 10.8% $229,100
Victor 2,687 $90,227 4.3% $291,000
Clifton Springs 2,273 $64,565 17.9% $178,300
Shortsville 1,713 $91,058 6.6% $134,600
Manchester 1,631 $65,750 7.2% $110,000
Bloomfield 1,310 $80,000 8.8% $176,500
Naples 1,028 $53,611 11.8% $156,400
Port Gibson 661 N/A 1.7% N/A
Rushville 603 $42,074 16.6% $147,100

Cities Similar to Phelps

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cambridge2,262$72,612$193,80032.6%14.6%
Mexico2,241$73,229$167,10018.7%8.1%
Lake Katrine2,176$72,031$298,00032.7%10.1%
Cooperstown2,220$76,000$380,90061.1%11.6%
Central Square2,163$69,500$196,00026.3%15.1%

Population Overview

Phelps is a small community located in New York, within Ontario County. The total population is 2,254. It ranks as the 591st most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Phelps is 38.5 years. This is 3% lower than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Phelps is $71,083. This is 17% lower than the state median of $85,974. It is also 12% lower than the national median of $80,734. The poverty rate stands at 14.7%. This is 5% higher than the state poverty rate of 14.0%. The unemployment rate is 7.6%. This is 20% higher than the state rate of 6.4%. The median home value is $170,400. Housing costs are 60% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.4x, Phelps is one of the most affordable housing markets in the area. 78.4% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 54.4%.

Race & Ethnicity

Phelps has a predominantly White (non-Hispanic) population, comprising 85.2% of all residents. Hispanic or Latino residents account for 11.2%. The White (non-Hispanic) population is significantly higher than the state average (85.2% vs 52.8%). The Black or African American population (0.6%) is well below the state average of 13.4%.

Education

26.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% 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 91.2%.

Data Sources & Methodology

All demographic data for Phelps, 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 Phelps, New York?

Phelps, New York has a population of 2,254 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Phelps, NY?

The median household income in Phelps is $71,083, which is 12% lower than the national median of $80,734.

What is the poverty rate in Phelps, NY?

The poverty rate in Phelps is 14.7%. This means approximately 332 residents live below the federal poverty line.

What is the racial makeup of Phelps, New York?

Phelps's population is 85.2% White, 0.6% Black, 11.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Phelps, NY?

The median home value in Phelps is $170,400. The home-value-to-income ratio is 2.4x.

How educated is Phelps, New York?

26.7% of adults (25+) in Phelps hold a bachelor's degree or higher, and 8.3% hold a graduate or professional degree.