Springwater, NY
Population 418 · New York
About Springwater, NY
Springwater is a small community in New York with a population of 418 residents. The median household income is $60,909 per year, which is near the national average. The median age in Springwater is 55.1 years.
Housing in Springwater has a median home value of $116,300 and median monthly rent of $1,058. Of the 266 total housing units, the majority are owner-occupied, with 142 owner-occupied and 62 renter-occupied units.
The unemployment rate in Springwater is 2.7% and the poverty rate is 30.4%. 4.0% of residents hold a bachelor's degree or higher. The average commute time is 28.9 minutes.
Cost of Living in Springwater, NY
Compared to national averages, Springwater has a median household income of $60,909 (19% below the national median of $75,149). Home values average $116,300, which is 53% below the national median. Monthly rent at $1,058 is 9% below the US average of $1,163. Within New York, Springwater's income is 37% below the state average of $96,987, and home values are 70% below the state median of $387,181.
Why Live in Springwater, NY?
Springwater offers affordable housing with a median home value of $116,300, below the US average of $244,900, and rent that’s lower than the national average at $1,058/month, and a strong job market with an unemployment rate of just 2.7%.
Potential considerations include median household income ($60,909) that falls below the national average. However, Springwater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Springwater has a population of 418 with a median age of 55.1 years. Compare Springwater with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Springwater
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jeffersonville | 417 | $71,250 | $223,800 | Compare |
| Castorland | 414 | $58,438 | $154,300 | Compare |
| Franklin | 413 | $80,000 | $187,100 | Compare |
| Mooers | 423 | $69,417 | $162,900 | Compare |
| Hobart | 410 | $62,813 | $142,600 | Compare |
| Preston-Potter Hollow | 426 | $118,467 | $219,400 | Compare |
| Chazy | 409 | $0 | $169,100 | Compare |
| Wyoming | 427 | $73,438 | $128,300 | Compare |
Demographics
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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 Springwater
What is the population of Springwater, NY?
The population of Springwater, NY is 418 according to the latest Census data.
What is the median household income in Springwater?
The median household income in Springwater, NY is $60,909 per year.
What is the median home value in Springwater?
The median home value in Springwater, NY is $116,300.
What is the average rent in Springwater?
The median monthly rent in Springwater, NY is $1,058.
What is the unemployment rate in Springwater?
The unemployment rate in Springwater, NY is 2.7%.