Ravena, NY
Population 3,256 · New York
About Ravena, NY
Ravena is a small town located in New York with a population of 3,256 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,163 per year, which is 3% above the national median of $75,149. The median age of 45 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 Ravena features a median home value of $194,400, which is 21% below the national median of $244,900. This positions Ravena in a moderately priced market relative to the rest of the country. Median monthly rent is $1,042, 10% below the national average of $1,163/month. Of the 1,648 total housing units, 73% are owner-occupied (997 units) and 27% are renter-occupied (360 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ravena shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ravena have an average one-way commute time of 28.7 minutes.
Education & Demographics
26.4% of Ravena residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 4.6% Black or African American, and 1.9% Asian residents, with 4.3% of the population being foreign-born.
Cost of Living in Ravena, NY
Compared to national averages, Ravena has a median household income of $77,163 (3% above the national median of $75,149). Home values average $194,400, which is 21% below the national median. Monthly rent at $1,042 is 10% below the US average of $1,163. Within New York, Ravena's income is 20% below the state average of $96,987, and home values are 50% below the state median of $387,181.
Why Live in Ravena, NY?
Ravena offers a strong local economy with a median household income of $77,163, well above the national average, and affordable housing with a median home value of $194,400, below the US average of $244,900, and rent that’s lower than the national average at $1,042/month. Additionally, the city features a strong job market with an unemployment rate of just 3.2%, and a low poverty rate of 6.1%, better than the national average.
Ravena has a population of 3,256 with a median age of 45 years. Compare Ravena with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Ravena
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hartsdale | 3,254 | $152,619 | $341,500 | Compare |
| Mount Morris | 3,258 | $52,697 | $89,000 | Compare |
| Lake Erie Beach | 3,247 | $57,234 | $149,300 | Compare |
| Calcium | 3,245 | $64,613 | $216,900 | Compare |
| Vassar College | 3,276 | $119,836 | $0 | Compare |
| Red Oaks Mill | 3,235 | $137,813 | $347,400 | Compare |
| Warrensburg | 3,285 | $65,176 | $146,200 | Compare |
| Palmyra | 3,306 | $66,647 | $125,200 | 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 Ravena
What is the population of Ravena, NY?
The population of Ravena, NY is 3,256 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 Ravena?
The median household income in Ravena, NY is $77,163 per year, which is 3% above the national median of $75,149.
What is the median home value in Ravena?
The median home value in Ravena, NY is $194,400, which is 21% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ravena?
The median monthly rent in Ravena, NY is $1,042, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Ravena?
The unemployment rate in Ravena, NY is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ravena, NY a good place to live?
Ravena offers above-average incomes, affordable housing, and a strong job market. With a population of 3,256 and a median age of 45, the city appeals to a broad range of residents.
How educated is Ravena, NY?
26.4% of residents in Ravena 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 Ravena?
Key cost-of-living indicators for Ravena, NY: median home value is $194,400 (21% below national), median rent is $1,042/month, and median household income is $77,163. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ravena?
The poverty rate in Ravena, NY is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ravena, NY?
Ravena's population is 0.0% White, 0.5% Hispanic or Latino, 4.6% Black or African American, 1.9% Asian, and 5.1% two or more races. 4.3% of residents are foreign-born.