Sloan, NY
Population 3,757 · New York
About Sloan, NY
Sloan is a small town located in New York with a population of 3,757 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,954 per year, which is 7% below the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Sloan features a median home value of $120,000, which is 51% below the national median of $244,900. This makes Sloan one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,081, 7% below the national average of $1,163/month. Of the 1,609 total housing units, 76% are owner-occupied (1,183 units) and 24% are renter-occupied (381 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sloan shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 12.6%, above the national average of 12.4%. Workers in Sloan have an average one-way commute time of 18.1 minutes, one of the shorter commutes in the region.
Education & Demographics
18.4% of Sloan 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, 0.5% Black or African American, and 1.7% Asian residents, with 3.6% of the population being foreign-born.
Cost of Living in Sloan, NY
Compared to national averages, Sloan has a median household income of $69,954 (7% below the national median of $75,149). Home values average $120,000, which is 51% below the national median. Monthly rent at $1,081 is 7% below the US average of $1,163. Within New York, Sloan's income is 28% below the state average of $96,987, and home values are 69% below the state median of $387,181.
Why Live in Sloan, NY?
Sloan offers affordable housing with a median home value of $120,000, below the US average of $244,900, and rent that’s lower than the national average at $1,081/month, and short commute times averaging just 18.1 minutes.
Potential considerations include median household income ($69,954) that falls below the national average. However, Sloan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sloan has a population of 3,757 with a median age of 39.2 years. Compare Sloan with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Sloan
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Glens Falls | 3,739 | $57,865 | $189,800 | Compare |
| Glenwood Landing | 3,776 | $126,628 | $861,000 | Compare |
| Balmville | 3,725 | $107,204 | $359,600 | Compare |
| Manhasset Hills | 3,789 | $192,198 | $1,059,800 | Compare |
| Montgomery | 3,800 | $88,348 | $345,700 | Compare |
| Catskill | 3,803 | $73,906 | $228,700 | Compare |
| Montrose | 3,702 | $143,496 | $439,900 | Compare |
| Westhampton | 3,702 | $131,125 | $980,400 | 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 Sloan With Other Cities
Frequently Asked Questions about Sloan
What is the population of Sloan, NY?
The population of Sloan, NY is 3,757 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 Sloan?
The median household income in Sloan, NY is $69,954 per year, which is 7% below the national median of $75,149.
What is the median home value in Sloan?
The median home value in Sloan, NY is $120,000, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sloan?
The median monthly rent in Sloan, NY is $1,081, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Sloan?
The unemployment rate in Sloan, NY is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Sloan, NY a good place to live?
Sloan offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,757 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is Sloan, NY?
18.4% of residents in Sloan 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 Sloan?
Key cost-of-living indicators for Sloan, NY: median home value is $120,000 (51% below national), median rent is $1,081/month, and median household income is $69,954. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sloan?
The poverty rate in Sloan, NY is 12.6%, 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 Sloan, NY?
Sloan's population is 0.0% White, 0.0% Hispanic or Latino, 0.5% Black or African American, 1.7% Asian, and 4.5% two or more races. 3.6% of residents are foreign-born.