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ZipNumbers

New York · Census place 51110

Nichols village, NY

Quick answer

Nichols village has 612 residents, ranking #998 of 1292 places in New York. Median household income is $66,250, the median home is worth $137,900 and median gross rent runs $825 a month.

Population
612Nichols village residents
Median household income
$66,250Past 12 months, inflation adjusted
Median home value
$137,900Owner-occupied units
Median gross rent
$825Rent plus utilities, monthly
Median age
42.9 yrsAll residents
Homeownership rate
76.9%Owner-occupied households

What the numbers mean in Nichols village

Housing cost measured against local earnings.

A household earning the Nichols village median would spend about 14.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.3% of residents and 76.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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