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Richfield Springs, New York Demographics & Population 2026

High PovertyPoverty rate of 25.6% is well above the state average
Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Richfield Springs, New York had a total population of 1,104, the 822nd largest village in New York, with a median household income of $55,750, which is 35% lower than the state average. The poverty rate is 25.6%.

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

Key Takeaways

Richfield Springs Quick Facts

Population 1,104
Median Household Income $55,750
Median Home Value $132,400
Poverty Rate 25.6%
Unemployment Rate 3.1%
Median Age 35.4 years
Homeownership Rate 71.8%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 26.1%
High School Graduation Rate 88.5%
Diversity Index 18/100
Population 1,104 822nd of 1,289
Median Income $55,750 bottom 20%
Poverty Rate 25.6% 106% higher than national
Median Home Value $132,400 bottom 20%

How Richfield Springs 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
Population1,0961,104+0.7%
Median household income$55,417$55,750+0.6%
Median home value$132,500$132,400-0.1%

How Richfield Springs Compares

Economy & Housing

Household Income Distribution

Under $25K 28.9%
$25K-$50K 18.7%
$50K-$100K 33.4%
$100K+ 19.0%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
0.7%
$15K-$20K
13.0%
$20K-$25K
10.7%
$25K-$30K
5.9%
$30K-$35K
1.7%
$35K-$40K
0.0%
$40K-$45K
5.0%
$45K-$50K
6.2%
$50K-$60K
7.6%
$60K-$75K
9.7%
$75K-$100K
16.1%
$100K-$125K
8.5%
$125K-$150K
5.2%
$150K-$200K
3.5%
$200K+
1.7%

Employment

3.1% Unemployment Rate State: 6.4%|National: 5.2%
59.9% Labor Force Participation

Housing Overview

Owner 71.8%
Renter 28.2%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $756/mo 16.3% of median household income annually

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

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

State average: 65 | National average: 61

Education

Richfield Springs Rankings in New York

#822 Population of 1,289
#1031 Median Income of 1,219
#852 Education of 1,288
#1014 Home Value of 1,232

Other Cities in Otsego County

CityPopulationMedian IncomePovertyHome Value
Oneonta 15,045 $61,111 16.6% $184,100
Cooperstown 2,220 $76,000 11.6% $380,900
West End 1,891 $71,563 20.9% $151,100
Unadilla 1,419 $65,972 17.6% $110,800
Worcester 1,032 $64,474 35.9% $145,700
Otego 936 $78,804 6.8% $186,100
Morris 626 $98,500 11.8% $172,500
Edmeston 515 $57,269 23.7% $143,400
Cherry Valley 482 $96,458 5.8% $162,200
Milford 475 $64,167 6.7% $152,500

Cities Similar to Richfield Springs

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Sparrow Bush1,119$56,349$240,00024.1%2.6%
Bolivar1,124$56,413$71,90031.5%18.7%
Yorkshire1,138N/AN/A0.0%33.1%
Schoharie1,144$55,742$220,90026.5%13.0%
South Corning1,132$58,750$124,60027.9%12.4%

Population Overview

Richfield Springs is a small community located in New York, within Otsego County. The total population is 1,104. It ranks as the 822nd most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Richfield Springs is 35.4 years. This is 11% lower than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Richfield Springs is $55,750. This is 35% lower than the state median of $85,974. It is also 31% lower than the national median of $80,734. The poverty rate stands at 25.6%. This is 83% higher than the state poverty rate of 14.0%. 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 3.1%. This is 51% lower than the state rate of 6.4%. The median home value is $132,400. Housing costs are 69% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.4x, Richfield Springs is one of the most affordable housing markets in the area. 71.8% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 54.4%.

Race & Ethnicity

Richfield Springs has a predominantly White (non-Hispanic) population, comprising 90.4% of all residents. Hispanic or Latino residents account for 1.5%. The White (non-Hispanic) population is significantly higher than the state average (90.4% vs 52.8%). The Black or African American population (1.0%) is well below the state average of 13.4%. The Hispanic or Latino population (1.5%) is well below the state average of 19.8%. The Asian population (1.5%) is well below the state average of 9.0%.

Education

26.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% 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 88.5%.

Data Sources & Methodology

All demographic data for Richfield Springs, 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 Richfield Springs, New York?

Richfield Springs, New York has a population of 1,104 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Richfield Springs, NY?

The median household income in Richfield Springs is $55,750, which is 31% lower than the national median of $80,734.

What is the poverty rate in Richfield Springs, NY?

The poverty rate in Richfield Springs is 25.6%. This means approximately 283 residents live below the federal poverty line.

What is the racial makeup of Richfield Springs, New York?

Richfield Springs's population is 90.4% White, 1.0% Black, 1.5% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Richfield Springs, NY?

The median home value in Richfield Springs is $132,400. The home-value-to-income ratio is 2.4x.

How educated is Richfield Springs, New York?

26.1% of adults (25+) in Richfield Springs hold a bachelor's degree or higher, and 7.8% hold a graduate or professional degree.