Paul Smiths, NY
Population 594 · New York
About Paul Smiths, NY
Paul Smiths is a small community located in New York with a population of 594 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 20.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Paul Smiths features a median home value of $0, which is 100% below the national median of $244,900. This makes Paul Smiths one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 0 total housing units, NaN% are owner-occupied (0 units) and NaN% are renter-occupied (0 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Paul Smiths shows an unemployment rate of 16.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Paul Smiths have an average one-way commute time of 10.4 minutes, one of the shorter commutes in the region.
Education & Demographics
100.0% of Paul Smiths 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, 1.9% Hispanic or Latino, 0.0% Black or African American, and 3.5% Asian residents, with 7.1% of the population being foreign-born.
How Paul Smiths Ranks in New York
Cost of Living in Paul Smiths, NY
Compared to national averages, Paul Smiths has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Paul Smiths's income is 100% below the state average of $96,987, and home values are 100% below the state median of $387,181.
Why Live in Paul Smiths, NY?
Paul Smiths offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a well-educated community where 100.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 10.4 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Paul Smiths’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Paul Smiths has a population of 594 with a median age of 20.4 years. Compare Paul Smiths with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Paul Smiths
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Leicester | 593 | $78,333 | $133,900 | Compare |
| Edmeston | 592 | $54,167 | $136,400 | Compare |
| Schaghticoke | 591 | $60,417 | $189,500 | Compare |
| Wells | 597 | $78,047 | $252,900 | Compare |
| Rushville | 600 | $41,131 | $137,000 | Compare |
| Campbell | 601 | $46,786 | $89,100 | Compare |
| South Cairo | 601 | $0 | $165,400 | Compare |
| Wainscott | 587 | $135,625 | $2,000,001 | 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 Paul Smiths With Other Cities
Frequently Asked Questions about Paul Smiths
What is the population of Paul Smiths, NY?
The population of Paul Smiths, NY is 594 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 Paul Smiths?
The median household income in Paul Smiths, NY is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Paul Smiths?
The median home value in Paul Smiths, NY is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Paul Smiths?
The median monthly rent in Paul Smiths, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Paul Smiths?
The unemployment rate in Paul Smiths, NY is 16.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Paul Smiths, NY a good place to live?
Paul Smiths offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 594 and a median age of 20.4, the city appeals to young professionals and families.
How educated is Paul Smiths, NY?
100.0% of residents in Paul Smiths 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 Paul Smiths?
Key cost-of-living indicators for Paul Smiths, NY: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Paul Smiths?
The poverty rate in Paul Smiths, NY is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Paul Smiths, NY?
Paul Smiths's population is 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 3.5% Asian, and 4.7% two or more races. 7.1% of residents are foreign-born.