Hagaman, NY
Population 1,131 · New York
About Hagaman, NY
Hagaman is a small town located in New York with a population of 1,131 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,278 per year, which is 6% below the national median of $75,149. The median age of 51.6 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 Hagaman features a median home value of $184,500, which is 25% below the national median of $244,900. This positions Hagaman in a moderately priced market relative to the rest of the country. Median monthly rent is $885, 24% below the national average of $1,163/month. Of the 634 total housing units, 81% are owner-occupied (445 units) and 19% are renter-occupied (107 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hagaman shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hagaman have an average one-way commute time of 21.2 minutes.
Education & Demographics
24.6% of Hagaman residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.5% White, 2.3% Hispanic or Latino, 9.2% Black or African American, and 3.3% Asian residents, with 2.6% of the population being foreign-born.
Cost of Living in Hagaman, NY
Compared to national averages, Hagaman has a median household income of $70,278 (6% below the national median of $75,149). Home values average $184,500, which is 25% below the national median. Monthly rent at $885 is 24% below the US average of $1,163. Within New York, Hagaman's income is 28% below the state average of $96,987, and home values are 52% below the state median of $387,181.
Why Live in Hagaman, NY?
Hagaman offers affordable housing with a median home value of $184,500, below the US average of $244,900, and rent that’s lower than the national average at $885/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features a low poverty rate of 6.8%, better than the national average, and short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($70,278) that falls below the national average. However, Hagaman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hagaman has a population of 1,131 with a median age of 51.6 years. Compare Hagaman with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Hagaman
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Russell Gardens | 1,130 | $208,500 | $1,420,300 | Compare |
| Nassau | 1,138 | $81,359 | $229,000 | Compare |
| Unadilla | 1,140 | $57,188 | $114,200 | Compare |
| Windsor | 1,121 | $72,981 | $126,600 | Compare |
| Holland | 1,146 | $41,250 | $207,900 | Compare |
| Ruby | 1,147 | $101,588 | $280,600 | Compare |
| Hopewell Junction | 1,113 | $77,391 | $686,300 | Compare |
| Newark Valley | 1,149 | $68,229 | $118,600 | 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 Hagaman With Other Cities
Frequently Asked Questions about Hagaman
What is the population of Hagaman, NY?
The population of Hagaman, NY is 1,131 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 Hagaman?
The median household income in Hagaman, NY is $70,278 per year, which is 6% below the national median of $75,149.
What is the median home value in Hagaman?
The median home value in Hagaman, NY is $184,500, which is 25% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hagaman?
The median monthly rent in Hagaman, NY is $885, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Hagaman?
The unemployment rate in Hagaman, NY is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hagaman, NY a good place to live?
Hagaman offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,131 and a median age of 51.6, the city appeals to established professionals and retirees.
How educated is Hagaman, NY?
24.6% of residents in Hagaman 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 Hagaman?
Key cost-of-living indicators for Hagaman, NY: median home value is $184,500 (25% below national), median rent is $885/month, and median household income is $70,278. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hagaman?
The poverty rate in Hagaman, NY is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hagaman, NY?
Hagaman's population is 1.5% White, 2.3% Hispanic or Latino, 9.2% Black or African American, 3.3% Asian, and 0.0% two or more races. 2.6% of residents are foreign-born.