Galway, NY
Population 187 · New York
About Galway, NY
Galway is a small community located in New York with a population of 187 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,438 per year, which is 2% below the national median of $75,149. The median age of 42.3 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 Galway features a median home value of $215,400, which is 12% below the national median of $244,900. This positions Galway 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 82 total housing units, 68% are owner-occupied (54 units) and 32% are renter-occupied (25 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Galway shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Galway have an average one-way commute time of 23.4 minutes.
Education & Demographics
48.1% of Galway 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 0.0% of the population being foreign-born.
Cost of Living in Galway, NY
Compared to national averages, Galway has a median household income of $73,438 (2% below the national median of $75,149). Home values average $215,400, which is 12% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Galway's income is 24% below the state average of $96,987, and home values are 44% below the state median of $387,181.
Why Live in Galway, NY?
Galway offers affordable housing with a median home value of $215,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 48.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.7%, better than the national average, and short commute times averaging just 23.4 minutes.
Potential considerations include median household income ($73,438) that falls below the national average. However, Galway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Galway has a population of 187 with a median age of 42.3 years. Compare Galway with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Galway
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Virgil | 190 | $59,735 | $218,800 | Compare |
| Witherbee | 190 | $41,089 | $0 | Compare |
| Cold Brook | 191 | $101,500 | $125,000 | Compare |
| Hunter | 182 | $70,227 | $381,300 | Compare |
| Blodgett Mills | 193 | $61,094 | $129,200 | Compare |
| Cranberry Lake | 193 | $81,250 | $265,000 | Compare |
| Westernville | 193 | $0 | $0 | Compare |
| Slaterville Springs | 179 | $77,917 | $0 | 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 Galway
What is the population of Galway, NY?
The population of Galway, NY is 187 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 Galway?
The median household income in Galway, NY is $73,438 per year, which is 2% below the national median of $75,149.
What is the median home value in Galway?
The median home value in Galway, NY is $215,400, which is 12% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Galway?
The median monthly rent in Galway, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Galway?
The unemployment rate in Galway, NY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Galway, NY a good place to live?
Galway offers a moderate cost of living, affordable housing, and a strong job market. With a population of 187 and a median age of 42.3, the city appeals to a broad range of residents.
How educated is Galway, NY?
48.1% of residents in Galway 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 Galway?
Key cost-of-living indicators for Galway, NY: median home value is $215,400 (12% below national), median rent is $0/month, and median household income is $73,438. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Galway?
The poverty rate in Galway, NY is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Galway, NY?
Galway'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. 0.0% of residents are foreign-born.