Theresa, NY
Population 1,019 · New York
About Theresa, NY
Theresa is a small town located in New York with a population of 1,019 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,738 per year, which is 23% below the national median of $75,149. The median age of 29.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Theresa features a median home value of $146,500, which is 40% below the national median of $244,900. This makes Theresa one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $953, 18% below the national average of $1,163/month. Of the 410 total housing units, 53% are owner-occupied (188 units) and 47% are renter-occupied (166 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Theresa shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.2%, above the national average of 12.4%. Workers in Theresa have an average one-way commute time of 28.4 minutes.
Education & Demographics
5.1% of Theresa 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 1.3% White, 0.6% Hispanic or Latino, 0.2% Black or African American, and 0.7% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Theresa, NY
Compared to national averages, Theresa has a median household income of $57,738 (23% below the national median of $75,149). Home values average $146,500, which is 40% below the national median. Monthly rent at $953 is 18% below the US average of $1,163. Within New York, Theresa's income is 40% below the state average of $96,987, and home values are 62% below the state median of $387,181.
Why Live in Theresa, NY?
Theresa offers affordable housing with a median home value of $146,500, below the US average of $244,900, and rent that’s lower than the national average at $953/month, and a strong job market with an unemployment rate of just 3.3%.
Potential considerations include median household income ($57,738) that falls below the national average. However, Theresa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Theresa has a population of 1,019 with a median age of 29.5 years. Compare Theresa with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Theresa
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Norfolk | 1,021 | $52,411 | $99,000 | Compare |
| Worcester | 1,017 | $76,731 | $140,900 | Compare |
| Bloomingburg | 1,022 | $45,083 | $380,000 | Compare |
| Marathon | 1,011 | $62,984 | $119,700 | Compare |
| Mariaville Lake | 1,011 | $93,589 | $261,500 | Compare |
| South Corning | 1,010 | $59,125 | $126,500 | Compare |
| Mayfield | 1,009 | $64,542 | $171,600 | Compare |
| Roslyn Harbor | 1,032 | $231,250 | $1,428,600 | 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 Theresa With Other Cities
Frequently Asked Questions about Theresa
What is the population of Theresa, NY?
The population of Theresa, NY is 1,019 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 Theresa?
The median household income in Theresa, NY is $57,738 per year, which is 23% below the national median of $75,149.
What is the median home value in Theresa?
The median home value in Theresa, NY is $146,500, which is 40% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Theresa?
The median monthly rent in Theresa, NY is $953, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Theresa?
The unemployment rate in Theresa, NY is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Theresa, NY a good place to live?
Theresa offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,019 and a median age of 29.5, the city appeals to young professionals and families.
How educated is Theresa, NY?
5.1% of residents in Theresa 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 Theresa?
Key cost-of-living indicators for Theresa, NY: median home value is $146,500 (40% below national), median rent is $953/month, and median household income is $57,738. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Theresa?
The poverty rate in Theresa, 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 Theresa, NY?
Theresa's population is 1.3% White, 0.6% Hispanic or Latino, 0.2% Black or African American, 0.7% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.