Central Square, NY
Population 2,136 · New York
About Central Square, NY
Central Square is a small town located in New York with a population of 2,136 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,232 per year, which is 11% below the national median of $75,149. The median age of 44 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 Central Square features a median home value of $191,000, which is 22% below the national median of $244,900. This positions Central Square in a moderately priced market relative to the rest of the country. Median monthly rent is $906, 22% below the national average of $1,163/month. Of the 1,024 total housing units, 55% are owner-occupied (551 units) and 45% are renter-occupied (446 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Central Square shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 16.7%, above the national average of 12.4%. Workers in Central Square have an average one-way commute time of 27.4 minutes.
Education & Demographics
26.9% of Central Square 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, 0.1% Hispanic or Latino, 0.3% Black or African American, and 0.0% Asian residents, with 1.7% of the population being foreign-born.
Cost of Living in Central Square, NY
Compared to national averages, Central Square has a median household income of $67,232 (11% below the national median of $75,149). Home values average $191,000, which is 22% below the national median. Monthly rent at $906 is 22% below the US average of $1,163. Within New York, Central Square's income is 31% below the state average of $96,987, and home values are 51% below the state median of $387,181.
Why Live in Central Square, NY?
Central Square offers affordable housing with a median home value of $191,000, below the US average of $244,900, and rent that’s lower than the national average at $906/month.
Potential considerations include median household income ($67,232) that falls below the national average. However, Central Square’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Central Square has a population of 2,136 with a median age of 44 years. Compare Central Square with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Central Square
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crompond | 2,144 | $203,080 | $556,500 | Compare |
| Clifton Springs | 2,124 | $62,500 | $163,900 | Compare |
| Washington Mills | 2,148 | $128,571 | $208,500 | Compare |
| Red Hook | 2,119 | $104,022 | $344,300 | Compare |
| Bedford | 2,118 | $250,001 | $1,125,600 | Compare |
| Cooperstown | 2,113 | $70,179 | $376,200 | Compare |
| Lake Placid | 2,159 | $49,556 | $370,700 | Compare |
| Phelps | 2,164 | $65,272 | $162,700 | 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 Central Square With Other Cities
Frequently Asked Questions about Central Square
What is the population of Central Square, NY?
The population of Central Square, NY is 2,136 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 Central Square?
The median household income in Central Square, NY is $67,232 per year, which is 11% below the national median of $75,149.
What is the median home value in Central Square?
The median home value in Central Square, NY is $191,000, which is 22% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Central Square?
The median monthly rent in Central Square, NY is $906, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Central Square?
The unemployment rate in Central Square, NY is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Central Square, NY a good place to live?
Central Square offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,136 and a median age of 44, the city appeals to a broad range of residents.
How educated is Central Square, NY?
26.9% of residents in Central Square 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 Central Square?
Key cost-of-living indicators for Central Square, NY: median home value is $191,000 (22% below national), median rent is $906/month, and median household income is $67,232. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Central Square?
The poverty rate in Central Square, NY is 16.7%, 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 Central Square, NY?
Central Square's population is 0.0% White, 0.1% Hispanic or Latino, 0.3% Black or African American, 0.0% Asian, and 0.1% two or more races. 1.7% of residents are foreign-born.