Eldred, NY
Population 201 · New York
About Eldred, NY
Eldred is a small community located in New York with a population of 201 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,134 per year, which is 20% below the national median of $75,149. The median age of 56.4 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 Eldred features a median home value of $320,000, which is 31% above the national median of $244,900. This positions Eldred in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 177 total housing units, 91% are owner-occupied (96 units) and 9% are renter-occupied (9 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eldred shows an unemployment rate of 20.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.4%, above the national average of 12.4%. Workers in Eldred have an average one-way commute time of 28.8 minutes.
Education & Demographics
19.5% of Eldred 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 0.0% White, 0.0% Hispanic or Latino, 3.0% Black or African American, and 0.0% Asian residents, with 8.0% of the population being foreign-born.
Cost of Living in Eldred, NY
Compared to national averages, Eldred has a median household income of $60,134 (20% below the national median of $75,149). Home values average $320,000, which is 31% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Eldred's income is 38% below the state average of $96,987, and home values are 17% below the state median of $387,181.
Why Live in Eldred, NY?
Eldred offers rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($60,134) that falls below the national average. However, Eldred’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldred has a population of 201 with a median age of 56.4 years. Compare Eldred with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Eldred
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Leeds | 199 | $58,229 | $208,500 | Compare |
| South Ilion | 198 | $100,481 | $80,500 | Compare |
| Fleischmanns | 205 | $58,250 | $284,800 | Compare |
| Fly Creek | 205 | $40,885 | $162,000 | Compare |
| Hankins | 205 | $64,167 | $0 | Compare |
| Napeague | 197 | $85,912 | $0 | Compare |
| Bemus Point | 206 | $86,000 | $372,700 | Compare |
| New Baltimore | 208 | $0 | $317,900 | 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.
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Frequently Asked Questions about Eldred
What is the population of Eldred, NY?
The population of Eldred, NY is 201 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New York.
What is the median household income in Eldred?
The median household income in Eldred, NY is $60,134 per year, which is 20% below the national median of $75,149.
What is the median home value in Eldred?
The median home value in Eldred, NY is $320,000, which is 31% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eldred?
The median monthly rent in Eldred, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Eldred?
The unemployment rate in Eldred, NY is 20.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Eldred, NY a good place to live?
Eldred offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 201 and a median age of 56.4, the city appeals to established professionals and retirees.
How educated is Eldred, NY?
19.5% of residents in Eldred 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 Eldred?
Key cost-of-living indicators for Eldred, NY: median home value is $320,000 (31% above national), median rent is $0/month, and median household income is $60,134. The home-value-to-income ratio is 5.3x, a moderate figure by national standards.
What is the poverty rate in Eldred?
The poverty rate in Eldred, NY is 16.4%, 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 Eldred, NY?
Eldred's population is 0.0% White, 0.0% Hispanic or Latino, 3.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 8.0% of residents are foreign-born.