Freeville, NY
Population 437 · New York
About Freeville, NY
Freeville is a small community located in New York with a population of 437 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,250 per year, which is 5% below the national median of $75,149. The median age of 52.5 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 Freeville features a median home value of $184,400, which is 25% below the national median of $244,900. This positions Freeville in a moderately priced market relative to the rest of the country. Median monthly rent is $928, 20% below the national average of $1,163/month. Of the 224 total housing units, 80% are owner-occupied (170 units) and 20% are renter-occupied (43 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Freeville shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Freeville have an average one-way commute time of 20.9 minutes.
Education & Demographics
53.8% of Freeville 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, 2.3% Hispanic or Latino, 1.4% Black or African American, and 5.5% Asian residents, with 9.8% of the population being foreign-born.
How Freeville Ranks in New York
Cost of Living in Freeville, NY
Compared to national averages, Freeville has a median household income of $71,250 (5% below the national median of $75,149). Home values average $184,400, which is 25% below the national median. Monthly rent at $928 is 20% below the US average of $1,163. Within New York, Freeville's income is 27% below the state average of $96,987, and home values are 52% below the state median of $387,181.
Why Live in Freeville, NY?
Freeville offers affordable housing with a median home value of $184,400, below the US average of $244,900, and rent that’s lower than the national average at $928/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a well-educated community where 53.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.1%, better than the national average, and short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($71,250) that falls below the national average. However, Freeville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Freeville has a population of 437 with a median age of 52.5 years. Compare Freeville with other cities to see how it stacks up, or explore all cities in New York.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Freeville
What is the population of Freeville, NY?
The population of Freeville, NY is 437 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 Freeville?
The median household income in Freeville, NY is $71,250 per year, which is 5% below the national median of $75,149.
What is the median home value in Freeville?
The median home value in Freeville, NY is $184,400, which is 25% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Freeville?
The median monthly rent in Freeville, NY is $928, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Freeville?
The unemployment rate in Freeville, NY is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Freeville, NY a good place to live?
Freeville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 437 and a median age of 52.5, the city appeals to established professionals and retirees.
How educated is Freeville, NY?
53.8% of residents in Freeville 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 Freeville?
Key cost-of-living indicators for Freeville, NY: median home value is $184,400 (25% below national), median rent is $928/month, and median household income is $71,250. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Freeville?
The poverty rate in Freeville, NY is 2.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Freeville, NY?
Freeville's population is 0.0% White, 2.3% Hispanic or Latino, 1.4% Black or African American, 5.5% Asian, and 0.2% two or more races. 9.8% of residents are foreign-born.