New Hamburg, NY
Population 728 · New York
About New Hamburg, NY
New Hamburg is a small community located in New York with a population of 728 residents according to the latest US Census Bureau American Community Survey data. The median household income is $118,500 per year, which is 58% above the national median of $75,149. The median age of 59.2 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 New Hamburg features a median home value of $355,100, which is 45% above the national median of $244,900. This positions New Hamburg in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 352 total housing units, 97% are owner-occupied (341 units) and 3% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in New Hamburg shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New Hamburg have an average one-way commute time of 28.5 minutes.
Education & Demographics
29.8% of New Hamburg 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 1.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 3.2% Asian residents, with 16.1% of the population being foreign-born.
Cost of Living in New Hamburg, NY
Compared to national averages, New Hamburg has a median household income of $118,500 (58% above the national median of $75,149). Home values average $355,100, which is 45% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, New Hamburg's income is 22% above the state average of $96,987, and home values are 8% below the state median of $387,181.
Why Live in New Hamburg, NY?
New Hamburg offers a strong local economy with a median household income of $118,500, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a low poverty rate of 2.7%, better than the national average.
New Hamburg has a population of 728 with a median age of 59.2 years. Compare New Hamburg with other cities to see how it stacks up, or explore all cities in New York.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about New Hamburg
What is the population of New Hamburg, NY?
The population of New Hamburg, NY is 728 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 New Hamburg?
The median household income in New Hamburg, NY is $118,500 per year, which is 58% above the national median of $75,149.
What is the median home value in New Hamburg?
The median home value in New Hamburg, NY is $355,100, which is 45% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in New Hamburg?
The median monthly rent in New Hamburg, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in New Hamburg?
The unemployment rate in New Hamburg, NY is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Hamburg, NY a good place to live?
New Hamburg offers above-average incomes, a competitive housing market, and a strong job market. With a population of 728 and a median age of 59.2, the city appeals to established professionals and retirees.
How educated is New Hamburg, NY?
29.8% of residents in New Hamburg 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 New Hamburg?
Key cost-of-living indicators for New Hamburg, NY: median home value is $355,100 (45% above national), median rent is $0/month, and median household income is $118,500. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Hamburg?
The poverty rate in New Hamburg, NY is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is New Hamburg, NY?
New Hamburg's population is 1.4% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 3.2% Asian, and 3.7% two or more races. 16.1% of residents are foreign-born.