Old Forge, NY
Population 359 · New York
About Old Forge, NY
Old Forge is a small community located in New York with a population of 359 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,313 per year, which is 6% below the national median of $75,149. The median age of 44 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 Old Forge features a median home value of $332,200, which is 36% above the national median of $244,900. This positions Old Forge 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 598 total housing units, 69% are owner-occupied (125 units) and 31% are renter-occupied (55 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Old Forge shows an unemployment rate of 15.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Old Forge have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
64.3% of Old Forge 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Old Forge, NY
Compared to national averages, Old Forge has a median household income of $70,313 (6% below the national median of $75,149). Home values average $332,200, which is 36% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Old Forge's income is 28% below the state average of $96,987, and home values are 14% below the state median of $387,181.
Why Live in Old Forge, NY?
Old Forge offers rent that’s lower than the national average at $0/month, and a well-educated community where 64.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.1%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($70,313) that falls below the national average. However, Old Forge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Old Forge has a population of 359 with a median age of 44 years. Compare Old Forge with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Old Forge
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Constableville | 356 | $71,250 | $90,800 | Compare |
| McLean | 363 | $73,125 | $147,100 | Compare |
| Pierrepont Manor | 355 | $83,260 | $77,000 | Compare |
| Hartwick | 352 | $54,375 | $185,600 | Compare |
| Staatsburg | 366 | $79,831 | $318,800 | Compare |
| Saddle Rock Estates | 351 | $159,479 | $1,572,900 | Compare |
| Fabius | 368 | $68,542 | $147,700 | Compare |
| Rensselaer Falls | 350 | $80,625 | $73,600 | 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 Old Forge With Other Cities
Frequently Asked Questions about Old Forge
What is the population of Old Forge, NY?
The population of Old Forge, NY is 359 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 Old Forge?
The median household income in Old Forge, NY is $70,313 per year, which is 6% below the national median of $75,149.
What is the median home value in Old Forge?
The median home value in Old Forge, NY is $332,200, which is 36% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Old Forge?
The median monthly rent in Old Forge, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Old Forge?
The unemployment rate in Old Forge, NY is 15.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Old Forge, NY a good place to live?
Old Forge offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 359 and a median age of 44, the city appeals to a broad range of residents.
How educated is Old Forge, NY?
64.3% of residents in Old Forge 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 Old Forge?
Key cost-of-living indicators for Old Forge, NY: median home value is $332,200 (36% above national), median rent is $0/month, and median household income is $70,313. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Old Forge?
The poverty rate in Old Forge, NY is 8.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Old Forge, NY?
Old Forge's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 7.0% two or more races. 0.0% of residents are foreign-born.