Honeoye Falls, NY
Population 2,778 · New York
About Honeoye Falls, NY
Honeoye Falls is a small town located in New York with a population of 2,778 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,750 per year, which is 6% above the national median of $75,149. The median age of 46.7 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 Honeoye Falls features a median home value of $249,000, which is 2% above the national median of $244,900. This positions Honeoye Falls in a moderately priced market relative to the rest of the country. Median monthly rent is $1,241, 7% above the national average of $1,163/month. Of the 1,301 total housing units, 55% are owner-occupied (687 units) and 45% are renter-occupied (571 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Honeoye Falls shows an unemployment rate of 10.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Honeoye Falls have an average one-way commute time of 21.3 minutes.
Education & Demographics
54.5% of Honeoye Falls 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 1.1% White, 0.8% Hispanic or Latino, 1.5% Black or African American, and 0.5% Asian residents, with 1.9% of the population being foreign-born.
Cost of Living in Honeoye Falls, NY
Compared to national averages, Honeoye Falls has a median household income of $79,750 (6% above the national median of $75,149). Home values average $249,000, which is 2% above the national median. Monthly rent at $1,241 is 7% above the US average of $1,163. Within New York, Honeoye Falls's income is 18% below the state average of $96,987, and home values are 36% below the state median of $387,181.
Why Live in Honeoye Falls, NY?
Honeoye Falls offers a strong local economy with a median household income of $79,750, well above the national average, and a well-educated community where 54.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.2%, better than the national average. Additionally, the city features short commute times averaging just 21.3 minutes.
Honeoye Falls has a population of 2,778 with a median age of 46.7 years. Compare Honeoye Falls with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Honeoye Falls
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Shrub Oak | 2,770 | $170,225 | $498,800 | Compare |
| Munsey Park | 2,794 | $250,001 | $1,955,200 | Compare |
| Cazenovia | 2,760 | $91,923 | $258,700 | Compare |
| Coxsackie | 2,746 | $69,773 | $251,800 | Compare |
| Lake Success | 2,817 | $248,750 | $1,484,000 | Compare |
| Thomaston | 2,734 | $152,206 | $1,044,900 | Compare |
| Voorheesville | 2,828 | $106,250 | $299,300 | Compare |
| Dannemora | 2,831 | $70,938 | $127,600 | 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 Honeoye Falls With Other Cities
Frequently Asked Questions about Honeoye Falls
What is the population of Honeoye Falls, NY?
The population of Honeoye Falls, NY is 2,778 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 Honeoye Falls?
The median household income in Honeoye Falls, NY is $79,750 per year, which is 6% above the national median of $75,149.
What is the median home value in Honeoye Falls?
The median home value in Honeoye Falls, NY is $249,000, which is 2% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Honeoye Falls?
The median monthly rent in Honeoye Falls, NY is $1,241, which is 7% above the national average of $1,163/month.
What is the unemployment rate in Honeoye Falls?
The unemployment rate in Honeoye Falls, NY is 10.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Honeoye Falls, NY a good place to live?
Honeoye Falls offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,778 and a median age of 46.7, the city appeals to established professionals and retirees.
How educated is Honeoye Falls, NY?
54.5% of residents in Honeoye Falls 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 Honeoye Falls?
Key cost-of-living indicators for Honeoye Falls, NY: median home value is $249,000 (2% above national), median rent is $1,241/month, and median household income is $79,750. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Honeoye Falls?
The poverty rate in Honeoye Falls, NY is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Honeoye Falls, NY?
Honeoye Falls's population is 1.1% White, 0.8% Hispanic or Latino, 1.5% Black or African American, 0.5% Asian, and 0.6% two or more races. 1.9% of residents are foreign-born.