New York Mills, NY
Population 2,989 · New York
About New York Mills, NY
New York Mills is a small town located in New York with a population of 2,989 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,682 per year, which is 26% below the national median of $75,149. The median age of 55.3 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 New York Mills features a median home value of $163,000, which is 33% below the national median of $244,900. This positions New York Mills in a moderately priced market relative to the rest of the country. Median monthly rent is $778, 33% below the national average of $1,163/month. Of the 1,846 total housing units, 45% are owner-occupied (736 units) and 55% are renter-occupied (894 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 New York Mills shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in New York Mills have an average one-way commute time of 21.6 minutes.
Education & Demographics
36.2% of New York Mills 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, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in New York Mills, NY
Compared to national averages, New York Mills has a median household income of $55,682 (26% below the national median of $75,149). Home values average $163,000, which is 33% below the national median. Monthly rent at $778 is 33% below the US average of $1,163. Within New York, New York Mills's income is 43% below the state average of $96,987, and home values are 58% below the state median of $387,181.
Why Live in New York Mills, NY?
New York Mills offers affordable housing with a median home value of $163,000, below the US average of $244,900, and rent that’s lower than the national average at $778/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a well-educated community where 36.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.0%, better than the national average, and short commute times averaging just 21.6 minutes.
Potential considerations include median household income ($55,682) that falls below the national average. However, New York Mills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New York Mills has a population of 2,989 with a median age of 55.3 years. Compare New York Mills with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near New York Mills
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Valhalla | 2,978 | $125,135 | $696,200 | Compare |
| Lakewood | 2,975 | $70,962 | $146,300 | Compare |
| Lake Delta | 3,005 | $97,917 | $224,200 | Compare |
| Great Neck Estates | 2,968 | $211,875 | $1,670,600 | Compare |
| Green Island | 2,966 | $70,281 | $137,300 | Compare |
| Greenwood Lake | 3,022 | $80,240 | $309,600 | Compare |
| Roslyn | 2,955 | $123,725 | $623,800 | Compare |
| Sloatsburg | 3,029 | $104,444 | $426,100 | 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 New York Mills With Other Cities
Frequently Asked Questions about New York Mills
What is the population of New York Mills, NY?
The population of New York Mills, NY is 2,989 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 New York Mills?
The median household income in New York Mills, NY is $55,682 per year, which is 26% below the national median of $75,149.
What is the median home value in New York Mills?
The median home value in New York Mills, NY is $163,000, which is 33% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in New York Mills?
The median monthly rent in New York Mills, NY is $778, which is 33% below the national average of $1,163/month.
What is the unemployment rate in New York Mills?
The unemployment rate in New York Mills, NY is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New York Mills, NY a good place to live?
New York Mills offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,989 and a median age of 55.3, the city appeals to established professionals and retirees.
How educated is New York Mills, NY?
36.2% of residents in New York Mills 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 New York Mills?
Key cost-of-living indicators for New York Mills, NY: median home value is $163,000 (33% below national), median rent is $778/month, and median household income is $55,682. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New York Mills?
The poverty rate in New York Mills, NY is 9.0%, 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 York Mills, NY?
New York Mills's population is 0.0% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.1% two or more races. 1.6% of residents are foreign-born.