Groton, NY
Population 1,974 · New York
About Groton, NY
Groton is a small town located in New York with a population of 1,974 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,347 per year, which is 24% below the national median of $75,149. The median age of 46.4 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 Groton features a median home value of $153,000, which is 38% below the national median of $244,900. This positions Groton in a moderately priced market relative to the rest of the country. Median monthly rent is $831, 29% below the national average of $1,163/month. Of the 1,082 total housing units, 63% are owner-occupied (630 units) and 37% are renter-occupied (368 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Groton shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Groton have an average one-way commute time of 25.3 minutes.
Education & Demographics
22.0% of Groton 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, 1.3% Hispanic or Latino, 1.1% Black or African American, and 1.0% Asian residents, with 3.1% of the population being foreign-born.
Cost of Living in Groton, NY
Compared to national averages, Groton has a median household income of $57,347 (24% below the national median of $75,149). Home values average $153,000, which is 38% below the national median. Monthly rent at $831 is 29% below the US average of $1,163. Within New York, Groton's income is 41% below the state average of $96,987, and home values are 60% below the state median of $387,181.
Why Live in Groton, NY?
Groton offers affordable housing with a median home value of $153,000, below the US average of $244,900, and rent that’s lower than the national average at $831/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a low poverty rate of 10.4%, better than the national average.
Potential considerations include median household income ($57,347) that falls below the national average. However, Groton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Groton has a population of 1,974 with a median age of 46.4 years. Compare Groton with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Groton
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stone Ridge | 1,970 | $122,109 | $458,800 | Compare |
| Wallkill | 1,980 | $76,908 | $278,300 | Compare |
| Boonville | 1,967 | $42,500 | $179,100 | Compare |
| Clinton | 1,967 | $97,868 | $275,000 | Compare |
| Churchville | 1,982 | $84,279 | $186,300 | Compare |
| Stewart Manor | 1,963 | $147,188 | $776,300 | Compare |
| Clyde | 1,986 | $60,543 | $92,500 | Compare |
| St. Bonaventure | 1,961 | $55,208 | $125,000 | 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 Groton With Other Cities
Frequently Asked Questions about Groton
What is the population of Groton, NY?
The population of Groton, NY is 1,974 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 Groton?
The median household income in Groton, NY is $57,347 per year, which is 24% below the national median of $75,149.
What is the median home value in Groton?
The median home value in Groton, NY is $153,000, which is 38% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Groton?
The median monthly rent in Groton, NY is $831, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Groton?
The unemployment rate in Groton, NY is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Groton, NY a good place to live?
Groton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,974 and a median age of 46.4, the city appeals to established professionals and retirees.
How educated is Groton, NY?
22.0% of residents in Groton 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 Groton?
Key cost-of-living indicators for Groton, NY: median home value is $153,000 (38% below national), median rent is $831/month, and median household income is $57,347. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Groton?
The poverty rate in Groton, NY is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Groton, NY?
Groton's population is 0.0% White, 1.3% Hispanic or Latino, 1.1% Black or African American, 1.0% Asian, and 2.4% two or more races. 3.1% of residents are foreign-born.