Broadalbin, NY
Population 1,800 · New York
About Broadalbin, NY
Broadalbin is a small town located in New York with a population of 1,800 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,037 per year, which is 22% above the national median of $75,149. The median age of 36.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Broadalbin features a median home value of $164,700, which is 33% below the national median of $244,900. This positions Broadalbin in a moderately priced market relative to the rest of the country. Median monthly rent is $896, 23% below the national average of $1,163/month. Of the 786 total housing units, 81% are owner-occupied (568 units) and 19% are renter-occupied (130 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Broadalbin shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Broadalbin have an average one-way commute time of 27.6 minutes.
Education & Demographics
30.7% of Broadalbin residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.1% White, 0.7% Hispanic or Latino, 3.6% Black or African American, and 2.7% Asian residents, with 3.6% of the population being foreign-born.
Cost of Living in Broadalbin, NY
Compared to national averages, Broadalbin has a median household income of $92,037 (22% above the national median of $75,149). Home values average $164,700, which is 33% below the national median. Monthly rent at $896 is 23% below the US average of $1,163. Within New York, Broadalbin's income is 5% below the state average of $96,987, and home values are 57% below the state median of $387,181.
Why Live in Broadalbin, NY?
Broadalbin offers a strong local economy with a median household income of $92,037, well above the national average, and affordable housing with a median home value of $164,700, below the US average of $244,900, and rent that’s lower than the national average at $896/month. Additionally, the city features a strong job market with an unemployment rate of just 2.9%, and a low poverty rate of 7.5%, better than the national average.
Broadalbin has a population of 1,800 with a median age of 36.7 years. Compare Broadalbin with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Broadalbin
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tillson | 1,799 | $85,521 | $279,100 | Compare |
| South Floral Park | 1,803 | $113,362 | $578,600 | Compare |
| Shortsville | 1,806 | $86,154 | $129,500 | Compare |
| Canajoharie | 1,808 | $77,375 | $110,200 | Compare |
| Northwest Ithaca | 1,813 | $49,044 | $309,800 | Compare |
| Village of the Branch | 1,813 | $175,583 | $656,500 | Compare |
| Pleasant Valley | 1,814 | $90,250 | $319,200 | 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 Broadalbin With Other Cities
Frequently Asked Questions about Broadalbin
What is the population of Broadalbin, NY?
The population of Broadalbin, NY is 1,800 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 Broadalbin?
The median household income in Broadalbin, NY is $92,037 per year, which is 22% above the national median of $75,149.
What is the median home value in Broadalbin?
The median home value in Broadalbin, NY is $164,700, which is 33% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Broadalbin?
The median monthly rent in Broadalbin, NY is $896, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Broadalbin?
The unemployment rate in Broadalbin, NY is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Broadalbin, NY a good place to live?
Broadalbin offers above-average incomes, affordable housing, and a strong job market. With a population of 1,800 and a median age of 36.7, the city appeals to a broad range of residents.
How educated is Broadalbin, NY?
30.7% of residents in Broadalbin 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 Broadalbin?
Key cost-of-living indicators for Broadalbin, NY: median home value is $164,700 (33% below national), median rent is $896/month, and median household income is $92,037. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Broadalbin?
The poverty rate in Broadalbin, NY is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Broadalbin, NY?
Broadalbin's population is 0.1% White, 0.7% Hispanic or Latino, 3.6% Black or African American, 2.7% Asian, and 0.0% two or more races. 3.6% of residents are foreign-born.