Addison, NY
Population 1,775 · New York
About Addison, NY
Addison is a small town located in New York with a population of 1,775 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,512 per year, which is 29% below the national median of $75,149. The median age of 35.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Addison features a median home value of $89,600, which is 63% below the national median of $244,900. This makes Addison one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $770, 34% below the national average of $1,163/month. Of the 759 total housing units, 72% are owner-occupied (487 units) and 28% are renter-occupied (186 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Addison shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.8%, above the national average of 12.4%. Workers in Addison have an average one-way commute time of 21.1 minutes.
Education & Demographics
19.9% of Addison residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in Addison, NY
Compared to national averages, Addison has a median household income of $53,512 (29% below the national median of $75,149). Home values average $89,600, which is 63% below the national median. Monthly rent at $770 is 34% below the US average of $1,163. Within New York, Addison's income is 45% below the state average of $96,987, and home values are 77% below the state median of $387,181.
Why Live in Addison, NY?
Addison offers affordable housing with a median home value of $89,600, below the US average of $244,900, and rent that’s lower than the national average at $770/month, and short commute times averaging just 21.1 minutes.
Potential considerations include median household income ($53,512) that falls below the national average. However, Addison’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Addison has a population of 1,775 with a median age of 35.5 years. Compare Addison with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Addison
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Allegany | 1,773 | $73,802 | $152,000 | Compare |
| Kerhonkson | 1,773 | $72,411 | $228,000 | Compare |
| Youngstown | 1,773 | $81,818 | $199,500 | Compare |
| Aquebogue | 1,778 | $128,309 | $586,900 | Compare |
| Northville | 1,771 | $118,056 | $819,800 | Compare |
| Bay Park | 1,780 | $97,880 | $494,500 | Compare |
| Altamont | 1,767 | $105,455 | $306,700 | Compare |
| Dryden | 1,783 | $51,920 | $211,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Addison With Other Cities
Frequently Asked Questions about Addison
What is the population of Addison, NY?
The population of Addison, NY is 1,775 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New York.
What is the median household income in Addison?
The median household income in Addison, NY is $53,512 per year, which is 29% below the national median of $75,149.
What is the median home value in Addison?
The median home value in Addison, NY is $89,600, which is 63% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Addison?
The median monthly rent in Addison, NY is $770, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Addison?
The unemployment rate in Addison, NY is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Addison, NY a good place to live?
Addison offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,775 and a median age of 35.5, the city appeals to a broad range of residents.
How educated is Addison, NY?
19.9% of residents in Addison aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Addison?
Key cost-of-living indicators for Addison, NY: median home value is $89,600 (63% below national), median rent is $770/month, and median household income is $53,512. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Addison?
The poverty rate in Addison, NY is 19.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Addison, NY?
Addison's population is 0.0% White, 0.2% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 1.2% two or more races. 0.9% of residents are foreign-born.