Hankins, NY
Population 205 · New York
About Hankins, NY
Hankins is a small community located in New York with a population of 205 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,167 per year, which is 15% below the national median of $75,149. The median age of 34.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Hankins features a median home value of $0, which is 100% below the national median of $244,900. This makes Hankins one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,096, 6% below the national average of $1,163/month. Of the 114 total housing units, 37% are owner-occupied (28 units) and 63% are renter-occupied (48 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Hankins 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 26.3%, above the national average of 12.4%. Workers in Hankins have an average one-way commute time of 27.9 minutes.
Education & Demographics
35.2% of Hankins 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 0.0% White, 0.0% Hispanic or Latino, 26.8% Black or African American, and 15.6% Asian residents, with 6.8% of the population being foreign-born.
Cost of Living in Hankins, NY
Compared to national averages, Hankins has a median household income of $64,167 (15% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $1,096 is 6% below the US average of $1,163. Within New York, Hankins's income is 34% below the state average of $96,987, and home values are 100% below the state median of $387,181.
Why Live in Hankins, NY?
Hankins offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $1,096/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 35.2% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($64,167) that falls below the national average. However, Hankins’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hankins has a population of 205 with a median age of 34.1 years. Compare Hankins with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Hankins
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fleischmanns | 205 | $58,250 | $284,800 | Compare |
| Fly Creek | 205 | $40,885 | $162,000 | Compare |
| Bemus Point | 206 | $86,000 | $372,700 | Compare |
| New Baltimore | 208 | $0 | $317,900 | Compare |
| Eldred | 201 | $60,134 | $320,000 | Compare |
| Gainesville | 209 | $73,750 | $105,800 | Compare |
| Leeds | 199 | $58,229 | $208,500 | Compare |
| Swan Lake | 211 | $61,176 | $184,400 | 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.
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Frequently Asked Questions about Hankins
What is the population of Hankins, NY?
The population of Hankins, NY is 205 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 Hankins?
The median household income in Hankins, NY is $64,167 per year, which is 15% below the national median of $75,149.
What is the median home value in Hankins?
The median home value in Hankins, NY is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Hankins?
The median monthly rent in Hankins, NY is $1,096, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Hankins?
The unemployment rate in Hankins, 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 Hankins, NY a good place to live?
Hankins offers a moderate cost of living, affordable housing, and a strong job market. With a population of 205 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Hankins, NY?
35.2% of residents in Hankins 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 Hankins?
Key cost-of-living indicators for Hankins, NY: median home value is $0 (100% below national), median rent is $1,096/month, and median household income is $64,167. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hankins?
The poverty rate in Hankins, NY is 26.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hankins, NY?
Hankins's population is 0.0% White, 0.0% Hispanic or Latino, 26.8% Black or African American, 15.6% Asian, and 5.9% two or more races. 6.8% of residents are foreign-born.