Montour Falls, NY
Population 1,666 · New York
About Montour Falls, NY
Montour Falls is a small town located in New York with a population of 1,666 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,083 per year, which is 43% below the national median of $75,149. The median age of 47.3 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 Montour Falls features a median home value of $115,500, which is 53% below the national median of $244,900. This makes Montour Falls one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $683, 41% below the national average of $1,163/month. Of the 749 total housing units, 65% are owner-occupied (425 units) and 35% are renter-occupied (228 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Montour Falls shows an unemployment rate of 13.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 23.3%, above the national average of 12.4%. Workers in Montour Falls have an average one-way commute time of 16.1 minutes, one of the shorter commutes in the region.
Education & Demographics
19.4% of Montour Falls 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 0.1% White, 3.2% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Montour Falls, NY
Compared to national averages, Montour Falls has a median household income of $43,083 (43% below the national median of $75,149). Home values average $115,500, which is 53% below the national median. Monthly rent at $683 is 41% below the US average of $1,163. Within New York, Montour Falls's income is 56% below the state average of $96,987, and home values are 70% below the state median of $387,181.
Why Live in Montour Falls, NY?
Montour Falls offers affordable housing with a median home value of $115,500, below the US average of $244,900, and rent that’s lower than the national average at $683/month, and short commute times averaging just 16.1 minutes.
Potential considerations include median household income ($43,083) that falls below the national average. However, Montour Falls’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montour Falls has a population of 1,666 with a median age of 47.3 years. Compare Montour Falls with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Montour Falls
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clayton | 1,669 | $57,125 | $192,900 | Compare |
| Manchester | 1,655 | $61,172 | $106,500 | Compare |
| Clintondale | 1,682 | $58,627 | $315,800 | Compare |
| Waterville | 1,682 | $76,125 | $158,300 | Compare |
| Oakfield | 1,683 | $65,833 | $131,200 | Compare |
| Houghton | 1,685 | $87,188 | $153,300 | Compare |
| Morrisonville | 1,688 | $83,750 | $209,900 | Compare |
| Shenorock | 1,643 | $131,250 | $450,000 | 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 Montour Falls With Other Cities
Frequently Asked Questions about Montour Falls
What is the population of Montour Falls, NY?
The population of Montour Falls, NY is 1,666 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 Montour Falls?
The median household income in Montour Falls, NY is $43,083 per year, which is 43% below the national median of $75,149.
What is the median home value in Montour Falls?
The median home value in Montour Falls, NY is $115,500, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Montour Falls?
The median monthly rent in Montour Falls, NY is $683, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Montour Falls?
The unemployment rate in Montour Falls, NY is 13.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Montour Falls, NY a good place to live?
Montour Falls offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,666 and a median age of 47.3, the city appeals to established professionals and retirees.
How educated is Montour Falls, NY?
19.4% of residents in Montour Falls 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 Montour Falls?
Key cost-of-living indicators for Montour Falls, NY: median home value is $115,500 (53% below national), median rent is $683/month, and median household income is $43,083. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Montour Falls?
The poverty rate in Montour Falls, NY is 23.3%, 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 Montour Falls, NY?
Montour Falls's population is 0.1% White, 3.2% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 1.3% two or more races. 1.3% of residents are foreign-born.