Savona, NY
Population 724 · New York
About Savona, NY
Savona is a small community located in New York with a population of 724 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,250 per year, which is 37% below the national median of $75,149. The median age of 48 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 Savona features a median home value of $96,300, which is 61% below the national median of $244,900. This makes Savona one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,021, 12% below the national average of $1,163/month. Of the 347 total housing units, 90% are owner-occupied (272 units) and 10% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Savona shows an unemployment rate of 9.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.2%, above the national average of 12.4%. Workers in Savona have an average one-way commute time of 24.1 minutes.
Education & Demographics
16.3% of Savona 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, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Savona, NY
Compared to national averages, Savona has a median household income of $47,250 (37% below the national median of $75,149). Home values average $96,300, which is 61% below the national median. Monthly rent at $1,021 is 12% below the US average of $1,163. Within New York, Savona's income is 51% below the state average of $96,987, and home values are 75% below the state median of $387,181.
Why Live in Savona, NY?
Savona offers affordable housing with a median home value of $96,300, below the US average of $244,900, and rent that’s lower than the national average at $1,021/month, and short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($47,250) that falls below the national average. However, Savona’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Savona has a population of 724 with a median age of 48 years. Compare Savona with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Savona
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lime Lake | 726 | $43,994 | $109,000 | Compare |
| New Hamburg | 728 | $118,500 | $355,100 | Compare |
| Corfu | 718 | $72,143 | $140,300 | Compare |
| Victory | 731 | $65,114 | $190,600 | Compare |
| Nelliston | 732 | $39,250 | $60,400 | Compare |
| Nelsonville | 714 | $133,125 | $577,200 | Compare |
| Plandome Manor | 713 | $250,001 | $2,000,001 | Compare |
| Asharoken | 712 | $139,094 | $1,202,800 | 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 Savona
What is the population of Savona, NY?
The population of Savona, NY is 724 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 Savona?
The median household income in Savona, NY is $47,250 per year, which is 37% below the national median of $75,149.
What is the median home value in Savona?
The median home value in Savona, NY is $96,300, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Savona?
The median monthly rent in Savona, NY is $1,021, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Savona?
The unemployment rate in Savona, NY is 9.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Savona, NY a good place to live?
Savona offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 724 and a median age of 48, the city appeals to established professionals and retirees.
How educated is Savona, NY?
16.3% of residents in Savona 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 Savona?
Key cost-of-living indicators for Savona, NY: median home value is $96,300 (61% below national), median rent is $1,021/month, and median household income is $47,250. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Savona?
The poverty rate in Savona, NY is 18.2%, 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 Savona, NY?
Savona's population is 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.