Ballston Spa, NY
Population 5,080 · New York
About Ballston Spa, NY
Ballston Spa is a small town located in New York with a population of 5,080 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,341 per year, which is 10% above the national median of $75,149. The median age of 42.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Ballston Spa features a median home value of $281,600, which is 15% above the national median of $244,900. This positions Ballston Spa in a moderately priced market relative to the rest of the country. Median monthly rent is $1,075, 8% below the national average of $1,163/month. Of the 2,334 total housing units, 61% are owner-occupied (1,301 units) and 39% are renter-occupied (845 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ballston Spa shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ballston Spa have an average one-way commute time of 24.3 minutes.
Education & Demographics
44.1% of Ballston Spa residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.4% White, 0.5% Hispanic or Latino, 0.6% Black or African American, and 2.0% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Ballston Spa, NY
Compared to national averages, Ballston Spa has a median household income of $82,341 (10% above the national median of $75,149). Home values average $281,600, which is 15% above the national median. Monthly rent at $1,075 is 8% below the US average of $1,163. Within New York, Ballston Spa's income is 15% below the state average of $96,987, and home values are 27% below the state median of $387,181.
Why Live in Ballston Spa, NY?
Ballston Spa offers a strong local economy with a median household income of $82,341, well above the national average, and rent that’s lower than the national average at $1,075/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a well-educated community where 44.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.4%, better than the national average, and short commute times averaging just 24.3 minutes.
Ballston Spa has a population of 5,080 with a median age of 42.2 years. Compare Ballston Spa with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Ballston Spa
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Liberty | 5,083 | $49,125 | $150,500 | Compare |
| Carle Place | 5,094 | $130,063 | $743,800 | Compare |
| Saranac Lake | 5,099 | $60,494 | $188,900 | Compare |
| Hamlin | 5,041 | $69,142 | $131,300 | Compare |
| Sea Cliff | 5,037 | $185,650 | $926,500 | Compare |
| West Hills | 5,138 | $183,375 | $737,800 | Compare |
| Mechanicville | 5,143 | $47,331 | $185,900 | Compare |
| Ardsley | 5,005 | $250,001 | $792,900 | 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 Ballston Spa With Other Cities
Frequently Asked Questions about Ballston Spa
What is the population of Ballston Spa, NY?
The population of Ballston Spa, NY is 5,080 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 Ballston Spa?
The median household income in Ballston Spa, NY is $82,341 per year, which is 10% above the national median of $75,149.
What is the median home value in Ballston Spa?
The median home value in Ballston Spa, NY is $281,600, which is 15% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ballston Spa?
The median monthly rent in Ballston Spa, NY is $1,075, which is 8% below the national average of $1,163/month.
What is the unemployment rate in Ballston Spa?
The unemployment rate in Ballston Spa, NY is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ballston Spa, NY a good place to live?
Ballston Spa offers above-average incomes, a competitive housing market, and a strong job market. With a population of 5,080 and a median age of 42.2, the city appeals to a broad range of residents.
How educated is Ballston Spa, NY?
44.1% of residents in Ballston Spa aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ballston Spa?
Key cost-of-living indicators for Ballston Spa, NY: median home value is $281,600 (15% above national), median rent is $1,075/month, and median household income is $82,341. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ballston Spa?
The poverty rate in Ballston Spa, NY is 8.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ballston Spa, NY?
Ballston Spa's population is 0.4% White, 0.5% Hispanic or Latino, 0.6% Black or African American, 2.0% Asian, and 0.9% two or more races. 3.3% of residents are foreign-born.