Ransomville, NY
Population 1,590 · New York
About Ransomville, NY
Ransomville is a small town located in New York with a population of 1,590 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,083 per year, which is 29% above the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ransomville features a median home value of $211,500, which is 14% below the national median of $244,900. This positions Ransomville in a moderately priced market relative to the rest of the country. Median monthly rent is $793, 32% below the national average of $1,163/month. Of the 533 total housing units, 79% are owner-occupied (421 units) and 21% are renter-occupied (112 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ransomville shows an unemployment rate of 0.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ransomville have an average one-way commute time of 26.1 minutes.
Education & Demographics
15.6% of Ransomville 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, 0.4% Black or African American, and 0.0% Asian residents, with 7.1% of the population being foreign-born.
How Ransomville Ranks in New York
Cost of Living in Ransomville, NY
Compared to national averages, Ransomville has a median household income of $97,083 (29% above the national median of $75,149). Home values average $211,500, which is 14% below the national median. Monthly rent at $793 is 32% below the US average of $1,163. Within New York, Ransomville's income is 0% above the state average of $96,987, and home values are 45% below the state median of $387,181.
Why Live in Ransomville, NY?
Ransomville offers a strong local economy with a median household income of $97,083, well above the national average, and affordable housing with a median home value of $211,500, below the US average of $244,900, and rent that’s lower than the national average at $793/month. Additionally, the city features a strong job market with an unemployment rate of just 0.7%, and a low poverty rate of 8.5%, better than the national average.
Ransomville has a population of 1,590 with a median age of 40.7 years. Compare Ransomville with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Ransomville
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chatham | 1,594 | $86,625 | $306,300 | Compare |
| Valatie | 1,579 | $99,632 | $304,600 | Compare |
| Averill Park | 1,604 | $114,821 | $250,000 | Compare |
| Philmont | 1,575 | $62,972 | $215,700 | Compare |
| Clark Mills | 1,606 | $72,019 | $0 | Compare |
| Greenwich | 1,606 | $78,398 | $194,500 | Compare |
| Sleepy Hollow Lake | 1,566 | $88,906 | $272,000 | Compare |
| Cairo | 1,565 | $54,479 | $197,000 | 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 Ransomville With Other Cities
Frequently Asked Questions about Ransomville
What is the population of Ransomville, NY?
The population of Ransomville, NY is 1,590 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 Ransomville?
The median household income in Ransomville, NY is $97,083 per year, which is 29% above the national median of $75,149.
What is the median home value in Ransomville?
The median home value in Ransomville, NY is $211,500, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ransomville?
The median monthly rent in Ransomville, NY is $793, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Ransomville?
The unemployment rate in Ransomville, NY is 0.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ransomville, NY a good place to live?
Ransomville offers above-average incomes, affordable housing, and a strong job market. With a population of 1,590 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Ransomville, NY?
15.6% of residents in Ransomville 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 Ransomville?
Key cost-of-living indicators for Ransomville, NY: median home value is $211,500 (14% below national), median rent is $793/month, and median household income is $97,083. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ransomville?
The poverty rate in Ransomville, NY is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ransomville, NY?
Ransomville's population is 0.0% White, 0.0% Hispanic or Latino, 0.4% Black or African American, 0.0% Asian, and 3.0% two or more races. 7.1% of residents are foreign-born.