Ellicottville, NY
Population 342 · New York
About Ellicottville, NY
Ellicottville is a small community located in New York with a population of 342 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,333 per year, which is 18% above the national median of $75,149. The median age of 47.6 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 Ellicottville features a median home value of $277,600, which is 13% above the national median of $244,900. This positions Ellicottville in a moderately priced market relative to the rest of the country. Median monthly rent is $984, 15% below the national average of $1,163/month. Of the 531 total housing units, 82% are owner-occupied (125 units) and 18% are renter-occupied (27 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ellicottville shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ellicottville have an average one-way commute time of 21.1 minutes.
Education & Demographics
54.3% of Ellicottville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 12.0% of the population being foreign-born.
Cost of Living in Ellicottville, NY
Compared to national averages, Ellicottville has a median household income of $88,333 (18% above the national median of $75,149). Home values average $277,600, which is 13% above the national median. Monthly rent at $984 is 15% below the US average of $1,163. Within New York, Ellicottville's income is 9% below the state average of $96,987, and home values are 28% below the state median of $387,181.
Why Live in Ellicottville, NY?
Ellicottville offers a strong local economy with a median household income of $88,333, well above the national average, and rent that’s lower than the national average at $984/month, and a well-educated community where 54.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.5%, better than the national average, and short commute times averaging just 21.1 minutes.
Ellicottville has a population of 342 with a median age of 47.6 years. Compare Ellicottville with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Ellicottville
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Redwood | 342 | $124,125 | $172,300 | Compare |
| Groveland Station | 343 | $77,039 | $138,400 | Compare |
| Chautauqua | 340 | $0 | $732,100 | Compare |
| Millport | 340 | $44,038 | $96,800 | Compare |
| Gorham | 345 | $85,893 | $214,100 | Compare |
| Pine Hill | 339 | $84,531 | $316,200 | Compare |
| Gilbertsville | 337 | $71,500 | $151,800 | Compare |
| Prospect | 337 | $46,413 | $104,400 | 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 Ellicottville With Other Cities
Frequently Asked Questions about Ellicottville
What is the population of Ellicottville, NY?
The population of Ellicottville, NY is 342 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 Ellicottville?
The median household income in Ellicottville, NY is $88,333 per year, which is 18% above the national median of $75,149.
What is the median home value in Ellicottville?
The median home value in Ellicottville, NY is $277,600, which is 13% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ellicottville?
The median monthly rent in Ellicottville, NY is $984, which is 15% below the national average of $1,163/month.
What is the unemployment rate in Ellicottville?
The unemployment rate in Ellicottville, NY is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ellicottville, NY a good place to live?
Ellicottville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 342 and a median age of 47.6, the city appeals to established professionals and retirees.
How educated is Ellicottville, NY?
54.3% of residents in Ellicottville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ellicottville?
Key cost-of-living indicators for Ellicottville, NY: median home value is $277,600 (13% above national), median rent is $984/month, and median household income is $88,333. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ellicottville?
The poverty rate in Ellicottville, NY is 3.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ellicottville, NY?
Ellicottville's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 12.0% of residents are foreign-born.