Shokan, NY
Population 1,220 · New York
About Shokan, NY
Shokan is a small town located in New York with a population of 1,220 residents according to the latest US Census Bureau American Community Survey data. The median household income is $96,750 per year, which is 29% above the national median of $75,149. The median age of 48.5 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 Shokan features a median home value of $240,700, which is 2% below the national median of $244,900. This positions Shokan in a moderately priced market relative to the rest of the country. Median monthly rent is $2,292, 97% above the national average of $1,163/month. Of the 501 total housing units, 92% are owner-occupied (459 units) and 8% are renter-occupied (42 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Shokan shows an unemployment rate of 26.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 14.2%, above the national average of 12.4%. Workers in Shokan have an average one-way commute time of 31.2 minutes.
Education & Demographics
29.5% of Shokan 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, 0.3% Hispanic or Latino, 0.0% Black or African American, and 1.9% Asian residents, with 6.6% of the population being foreign-born.
Cost of Living in Shokan, NY
Compared to national averages, Shokan has a median household income of $96,750 (29% above the national median of $75,149). Home values average $240,700, which is 2% below the national median. Monthly rent at $2,292 is 97% above the US average of $1,163. Within New York, Shokan's income is 0% below the state average of $96,987, and home values are 38% below the state median of $387,181.
Why Live in Shokan, NY?
Shokan offers a strong local economy with a median household income of $96,750, well above the national average, and affordable housing with a median home value of $240,700, below the US average of $244,900.
Shokan has a population of 1,220 with a median age of 48.5 years. Compare Shokan with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Shokan
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Saddle Rock | 1,225 | $183,750 | $1,727,600 | Compare |
| Otisville | 1,210 | $80,625 | $277,800 | Compare |
| Middleburgh | 1,231 | $46,429 | $180,200 | Compare |
| North Ballston Spa | 1,207 | $86,917 | $229,900 | Compare |
| Oriskany | 1,233 | $66,042 | $168,900 | Compare |
| South Lansing | 1,233 | $162,846 | $361,000 | Compare |
| Champlain | 1,206 | $56,250 | $120,600 | Compare |
| Lincolndale | 1,235 | $200,156 | $513,100 | 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 Shokan With Other Cities
Frequently Asked Questions about Shokan
What is the population of Shokan, NY?
The population of Shokan, NY is 1,220 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 Shokan?
The median household income in Shokan, NY is $96,750 per year, which is 29% above the national median of $75,149.
What is the median home value in Shokan?
The median home value in Shokan, NY is $240,700, which is 2% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Shokan?
The median monthly rent in Shokan, NY is $2,292, which is 97% above the national average of $1,163/month.
What is the unemployment rate in Shokan?
The unemployment rate in Shokan, NY is 26.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Shokan, NY a good place to live?
Shokan offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,220 and a median age of 48.5, the city appeals to established professionals and retirees.
How educated is Shokan, NY?
29.5% of residents in Shokan 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 Shokan?
Key cost-of-living indicators for Shokan, NY: median home value is $240,700 (2% below national), median rent is $2,292/month, and median household income is $96,750. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Shokan?
The poverty rate in Shokan, NY is 14.2%, 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 Shokan, NY?
Shokan's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 1.9% Asian, and 0.0% two or more races. 6.6% of residents are foreign-born.