Pike, NY
Population 242 · New York
About Pike, NY
Pike is a small community located in New York with a population of 242 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,000 per year, which is 10% below the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Pike features a median home value of $95,600, which is 61% below the national median of $244,900. This makes Pike 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 121 total housing units, 94% are owner-occupied (101 units) and 6% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pike shows an unemployment rate of 11.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.4%, above the national average of 12.4%. Workers in Pike have an average one-way commute time of 20.2 minutes.
Education & Demographics
15.7% of Pike residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. 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 Pike, NY
Compared to national averages, Pike has a median household income of $68,000 (10% below the national median of $75,149). Home values average $95,600, which is 61% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New York, Pike's income is 30% below the state average of $96,987, and home values are 75% below the state median of $387,181.
Why Live in Pike, NY?
Pike offers affordable housing with a median home value of $95,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($68,000) that falls below the national average. However, Pike’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pike has a population of 242 with a median age of 40.5 years. Compare Pike with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Pike
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Redford | 243 | $97,470 | $0 | Compare |
| Henderson | 240 | $0 | $116,700 | Compare |
| Lyon Mountain | 240 | $0 | $40,900 | Compare |
| Phoenicia | 244 | $0 | $562,500 | Compare |
| Barryville | 239 | $0 | $292,000 | Compare |
| Esperance | 238 | $68,750 | $170,700 | Compare |
| Salisbury Center | 238 | $70,132 | $124,500 | Compare |
| West Danby | 246 | $28,766 | $0 | 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 Pike
What is the population of Pike, NY?
The population of Pike, NY is 242 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 Pike?
The median household income in Pike, NY is $68,000 per year, which is 10% below the national median of $75,149.
What is the median home value in Pike?
The median home value in Pike, NY is $95,600, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pike?
The median monthly rent in Pike, NY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Pike?
The unemployment rate in Pike, NY is 11.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pike, NY a good place to live?
Pike offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 242 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Pike, NY?
15.7% of residents in Pike 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 Pike?
Key cost-of-living indicators for Pike, NY: median home value is $95,600 (61% below national), median rent is $0/month, and median household income is $68,000. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pike?
The poverty rate in Pike, NY is 12.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Pike, NY?
Pike's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.4% two or more races. 0.0% of residents are foreign-born.