Dannemora, NY
Population 2,831 · New York
About Dannemora, NY
Dannemora is a small town located in New York with a population of 2,831 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,938 per year, which is 6% below the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Dannemora features a median home value of $127,600, which is 48% below the national median of $244,900. This makes Dannemora one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $941, 19% below the national average of $1,163/month. Of the 395 total housing units, 79% are owner-occupied (255 units) and 21% are renter-occupied (69 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Dannemora shows an unemployment rate of 6.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Dannemora have an average one-way commute time of 15.1 minutes, one of the shorter commutes in the region.
Education & Demographics
8.2% of Dannemora 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 0.4% White, 1.0% Hispanic or Latino, 3.0% Black or African American, and 10.1% Asian residents, with 13.4% of the population being foreign-born.
Cost of Living in Dannemora, NY
Compared to national averages, Dannemora has a median household income of $70,938 (6% below the national median of $75,149). Home values average $127,600, which is 48% below the national median. Monthly rent at $941 is 19% below the US average of $1,163. Within New York, Dannemora's income is 27% below the state average of $96,987, and home values are 67% below the state median of $387,181.
Why Live in Dannemora, NY?
Dannemora offers affordable housing with a median home value of $127,600, below the US average of $244,900, and rent that’s lower than the national average at $941/month, and a low poverty rate of 9.6%, better than the national average. Additionally, the city features short commute times averaging just 15.1 minutes.
Potential considerations include median household income ($70,938) that falls below the national average. However, Dannemora’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Dannemora has a population of 2,831 with a median age of 38 years. Compare Dannemora with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Dannemora
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Voorheesville | 2,828 | $106,250 | $299,300 | Compare |
| Harriman | 2,843 | $95,324 | $274,500 | Compare |
| Lake Success | 2,817 | $248,750 | $1,484,000 | Compare |
| Munsey Park | 2,794 | $250,001 | $1,955,200 | Compare |
| Honeoye Falls | 2,778 | $79,750 | $249,000 | Compare |
| Shrub Oak | 2,770 | $170,225 | $498,800 | Compare |
| Cazenovia | 2,760 | $91,923 | $258,700 | Compare |
| Cutchogue | 2,903 | $137,581 | $890,700 | 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 Dannemora With Other Cities
Frequently Asked Questions about Dannemora
What is the population of Dannemora, NY?
The population of Dannemora, NY is 2,831 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 Dannemora?
The median household income in Dannemora, NY is $70,938 per year, which is 6% below the national median of $75,149.
What is the median home value in Dannemora?
The median home value in Dannemora, NY is $127,600, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dannemora?
The median monthly rent in Dannemora, NY is $941, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Dannemora?
The unemployment rate in Dannemora, NY is 6.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Dannemora, NY a good place to live?
Dannemora offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,831 and a median age of 38, the city appeals to a broad range of residents.
How educated is Dannemora, NY?
8.2% of residents in Dannemora 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 Dannemora?
Key cost-of-living indicators for Dannemora, NY: median home value is $127,600 (48% below national), median rent is $941/month, and median household income is $70,938. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Dannemora?
The poverty rate in Dannemora, NY is 9.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Dannemora, NY?
Dannemora's population is 0.4% White, 1.0% Hispanic or Latino, 3.0% Black or African American, 10.1% Asian, and 34.8% two or more races. 13.4% of residents are foreign-born.