Canisteo, NY
Population 1,998 · New York
About Canisteo, NY
Canisteo is a small town located in New York with a population of 1,998 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,116 per year, which is 15% below the national median of $75,149. The median age of 43.4 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 Canisteo features a median home value of $103,300, which is 58% below the national median of $244,900. This makes Canisteo one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $735, 37% below the national average of $1,163/month. Of the 935 total housing units, 75% are owner-occupied (601 units) and 25% are renter-occupied (200 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Canisteo shows an unemployment rate of 9.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.5%, above the national average of 12.4%. Workers in Canisteo have an average one-way commute time of 24.6 minutes.
Education & Demographics
24.7% of Canisteo 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 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 4.4% of the population being foreign-born.
Cost of Living in Canisteo, NY
Compared to national averages, Canisteo has a median household income of $64,116 (15% below the national median of $75,149). Home values average $103,300, which is 58% below the national median. Monthly rent at $735 is 37% below the US average of $1,163. Within New York, Canisteo's income is 34% below the state average of $96,987, and home values are 73% below the state median of $387,181.
Why Live in Canisteo, NY?
Canisteo offers affordable housing with a median home value of $103,300, below the US average of $244,900, and rent that’s lower than the national average at $735/month, and short commute times averaging just 24.6 minutes.
Potential considerations include median household income ($64,116) that falls below the national average. However, Canisteo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Canisteo has a population of 1,998 with a median age of 43.4 years. Compare Canisteo with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Canisteo
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sodus | 1,999 | $53,324 | $93,100 | Compare |
| Town Line | 2,001 | $90,352 | $234,600 | Compare |
| Holley | 1,994 | $60,607 | $117,400 | Compare |
| Dundee | 2,003 | $44,250 | $89,600 | Compare |
| Hamilton College | 1,992 | $0 | $0 | Compare |
| Pawling | 2,006 | $85,405 | $352,900 | Compare |
| Old Brookville | 2,008 | $190,893 | $2,000,001 | Compare |
| Clyde | 1,986 | $60,543 | $92,500 | 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 Canisteo With Other Cities
Frequently Asked Questions about Canisteo
What is the population of Canisteo, NY?
The population of Canisteo, NY is 1,998 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 Canisteo?
The median household income in Canisteo, NY is $64,116 per year, which is 15% below the national median of $75,149.
What is the median home value in Canisteo?
The median home value in Canisteo, NY is $103,300, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Canisteo?
The median monthly rent in Canisteo, NY is $735, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Canisteo?
The unemployment rate in Canisteo, NY is 9.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Canisteo, NY a good place to live?
Canisteo offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,998 and a median age of 43.4, the city appeals to a broad range of residents.
How educated is Canisteo, NY?
24.7% of residents in Canisteo 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 Canisteo?
Key cost-of-living indicators for Canisteo, NY: median home value is $103,300 (58% below national), median rent is $735/month, and median household income is $64,116. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Canisteo?
The poverty rate in Canisteo, NY is 13.5%, 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 Canisteo, NY?
Canisteo's population is 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 4.4% of residents are foreign-born.