Nichols, NY
Population 612 · New York
About Nichols, NY
Nichols is a small community in New York with a population of 612 residents. The median household income is $66,250 per year, which is near the national average. The median age in Nichols is 42.9 years.
Housing in Nichols has a median home value of $137,900 and median monthly rent of $825. Of the 242 total housing units, the majority are owner-occupied, with 176 owner-occupied and 53 renter-occupied units.
The unemployment rate in Nichols is 0.4% and the poverty rate is 1.3%. 14.9% of residents hold a bachelor's degree or higher. The average commute time is 18.8 minutes.
How Nichols Ranks in New York
Cost of Living in Nichols, NY
Compared to national averages, Nichols has a median household income of $66,250 (12% below the national median of $75,149). Home values average $137,900, which is 44% below the national median. Monthly rent at $825 is 29% below the US average of $1,163. Within New York, Nichols's income is 32% below the state average of $96,987, and home values are 64% below the state median of $387,181.
Why Live in Nichols, NY?
Nichols offers affordable housing with a median home value of $137,900, below the US average of $244,900, and rent that’s lower than the national average at $825/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 1.3%, better than the national average, and short commute times averaging just 18.8 minutes.
Potential considerations include median household income ($66,250) that falls below the national average. However, Nichols’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nichols has a population of 612 with a median age of 42.9 years. Compare Nichols with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Nichols
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Prattsburgh | 612 | $53,125 | $90,800 | Compare |
| Sinclairville | 613 | $43,409 | $89,600 | Compare |
| Angelica | 610 | $52,917 | $74,800 | Compare |
| Scotts Corners | 610 | $250,001 | $987,800 | Compare |
| Gardiner | 616 | $109,583 | $356,300 | Compare |
| Hailesboro | 608 | $50,156 | $154,200 | Compare |
| Oriskany Falls | 616 | $45,536 | $93,900 | Compare |
| Stannards | 606 | $74,479 | $114,800 | 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 Nichols
What is the population of Nichols, NY?
The population of Nichols, NY is 612 according to the latest Census data.
What is the median household income in Nichols?
The median household income in Nichols, NY is $66,250 per year.
What is the median home value in Nichols?
The median home value in Nichols, NY is $137,900.
What is the average rent in Nichols?
The median monthly rent in Nichols, NY is $825.
What is the unemployment rate in Nichols?
The unemployment rate in Nichols, NY is 0.4%.