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CITY · 2020 ACS

Allegany

New York · 1,544 residents · 0.775 sq mi
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The short version

Allegany has lower-than-average household income, with a median household income of $59,313. Population has fallen 18% since 2000, a loss of 339 residents. 45% of adults hold a bachelor's degree or higher. Median home value is $116,000. With a median age of 44.4, the population is older than the US median of 38.8. 45% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 44.4
US median: 38.8
More educated
45% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,544
−18%since 2000
from 1,883 in 2000
1990 – 2025
Population density
1,992 / sq mi
−18%since 2000
from 2,430 / sq mi in 2000
US average: 280
Median age
44.4
+14%since 2000
from 39.1 in 2000
US average: 38.8
Population, 1990 – 2024
1K2K2K2K2K1990201020202024Allegany
20242K
1990201020202024
Section 02

Income & economy

Median household income
$59,313
+13%inflation adjusted, since 2000
from $35,000 in 2000
US average: $66,278
1990 – 2024
Per capita income
$32,926
+90%since 2000
from $17,306 in 2000
US average: $35,364
Households earning $100K+
42.1%
+17.0 ptssince 2009
from 25.1% in 2009
US average: 43.9%
Poverty rate
14.0%
−4.8 ptssince 2000
from 18.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade9.8%
US avg: 10%
Information9.7%
US avg: 11.1%
Other services4.2%
US avg: 6.6%
Public administration3.7%
US avg: 4.7%
Wholesale trade2.7%
US avg: 6.7%
Transportation & warehousing2.7%
US avg: 2.5%
Finance & insurance1.9%
US avg: 5.5%
Professional, scientific, technical1.2%
US avg: 4.7%
Agriculture, forestry, fishing1.1%
US avg: 1.7%
Arts, entertainment, food1.1%
US avg: 2%
Construction0.8%
US avg: 1.2%
Education & health services0.7%
US avg: 0.8%
Manufacturing0.3%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$116,000
Unchangedinflation adjusted, since 2000
from $77,500 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$669
+5%inflation adjusted, since 2000
from $423 in 2000
US average: $1,124
Owner-occupied
62.2%
−2.2 ptssince 2000
from 64.4% in 2000
37.8% rent
Afford Score
2.0
−12%since 2000
from 2.2 in 2000
1990 – 2024
RELATED:See current rent listings in Allegany on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.1%(1,810)
Black0.5%(10)
Hispanic / Latino0.7%(13)
Asian2%(38)
Other0%
Diversity Score8%(150)
2020
White, non-Hispanic92.8%(1,433)
Black0.2%(3)
Hispanic / Latino1.9%(29)
Asian2.2%(34)
Other1.8%(28)
Diversity Score14.8%(228)
Diversity Score
15
+86%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
45.3%
+12.0 ptssince 2000
from 33.3% in 2000
US average: 32.9%
High school or higher
96.6%
+4.0 ptssince 2000
from 92.5% in 2000
US average: 88.5%
Graduate degree
23.6%
+10.5 ptssince 2000
from 13.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.0 min
+43%since 2000
from 11.2 min in 2000
US average: 26.9
Drive alone to work
83.9%
+1.3 ptssince 2009
from 82.5% in 2009
US average: 75.1%
No vehicle available
6.4%
−2.0 ptssince 2009
from 8.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.9%
−4.4 ptssince 2011
from 7.3% in 2011
US average: 5.4%
Labor force participation
64.9%
+4.8 ptssince 2011
from 60.1% in 2011
US average: 63.4%
Management & professional
48.6%
−27.5 ptssince 2009
from 76.1% in 2009
US average: 39.3%
Section 08

People & community

Male
53.7%
+5.1 ptssince 2009
from 48.6% in 2009
Female
46.3%
−5.1 ptssince 2009
from 51.4% in 2009
Foreign born
3.5%
−0.8 ptssince 2009
from 4.3% in 2009
US average: 13.5%
Uninsured
2.3%
−90.0 ptssince 2013
from 92.3% in 2013
US average: 8.8%
Drill deeper

Places similar to Allegany

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Head to head

Compare Allegany to nearby cities

ALLEGANY VS
Olean
Income$51,261−14%
Home value$86,100−26%
Population13,508+736%
SEE FULL COMPARISON →
ALLEGANY VS
Warren
Income$53,815−9%
Home value$103,800−11%
Population9,046+460%
SEE FULL COMPARISON →
ALLEGANY VS
Jamestown
Income$43,523−27%
Home value$87,700−24%
Population27,663+1613%
SEE FULL COMPARISON →
ALLEGANY VS
St. Marys
Income$67,167+13%
Home value$149,000+28%
Population12,253+659%
SEE FULL COMPARISON →
Frequently asked

How many people live in Allegany, New York?

Allegany, New York has about 1,544 residents according to the 2020 American Community Survey.

What is the median household income in Allegany, New York?

The typical household in Allegany, New York earns about $59,313 a year. Half of households make more than that, and half make less.

Is Allegany, New York expensive?

In Allegany, New York, the median home is worth about $116,000, and the typical rent is about $669 a month.

How educated are people in Allegany, New York?

About 45.3% of adults age 25 and over in Allegany, New York hold a bachelor's degree or higher.

What is the poverty rate in Allegany, New York?

About 14.0% of people in Allegany, New York live below the federal poverty line.

Has Allegany, New York grown since 1990?

Yes, Allegany, New York has shrunk since 1990. The population has lost about 436 residents, a change of about -22 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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