Wolcott, NY
Population 1,446 · New York
About Wolcott, NY
Wolcott is a small town located in New York with a population of 1,446 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,661 per year, which is 42% below the national median of $75,149. The median age of 45.4 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 Wolcott features a median home value of $85,300, which is 65% below the national median of $244,900. This makes Wolcott one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $636, 45% below the national average of $1,163/month. Of the 818 total housing units, 61% are owner-occupied (417 units) and 39% are renter-occupied (269 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wolcott shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 19.3%, above the national average of 12.4%. Workers in Wolcott have an average one-way commute time of 23.5 minutes.
Education & Demographics
12.5% of Wolcott 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 0.3% White, 4.2% Hispanic or Latino, 4.7% Black or African American, and 0.3% Asian residents, with 1.1% of the population being foreign-born.
How Wolcott Ranks in New York
Cost of Living in Wolcott, NY
Compared to national averages, Wolcott has a median household income of $43,661 (42% below the national median of $75,149). Home values average $85,300, which is 65% below the national median. Monthly rent at $636 is 45% below the US average of $1,163. Within New York, Wolcott's income is 55% below the state average of $96,987, and home values are 78% below the state median of $387,181.
Why Live in Wolcott, NY?
Wolcott offers affordable housing with a median home value of $85,300, below the US average of $244,900, and rent that’s lower than the national average at $636/month, and short commute times averaging just 23.5 minutes.
Potential considerations include median household income ($43,661) that falls below the national average. However, Wolcott’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wolcott has a population of 1,446 with a median age of 45.4 years. Compare Wolcott with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Wolcott
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| MacDonnell Heights | 1,438 | $138,589 | $293,300 | Compare |
| Plandome | 1,458 | $250,001 | $2,000,001 | Compare |
| Minetto | 1,433 | $92,969 | $179,200 | Compare |
| Kensington | 1,462 | $217,679 | $1,413,500 | Compare |
| Loch Sheldrake | 1,428 | $0 | $0 | Compare |
| Oxford | 1,426 | $56,417 | $112,200 | Compare |
| Sanborn | 1,466 | $81,620 | $198,500 | Compare |
| Gasport | 1,419 | $71,780 | $151,600 | 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 Wolcott With Other Cities
Frequently Asked Questions about Wolcott
What is the population of Wolcott, NY?
The population of Wolcott, NY is 1,446 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 Wolcott?
The median household income in Wolcott, NY is $43,661 per year, which is 42% below the national median of $75,149.
What is the median home value in Wolcott?
The median home value in Wolcott, NY is $85,300, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wolcott?
The median monthly rent in Wolcott, NY is $636, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Wolcott?
The unemployment rate in Wolcott, NY is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wolcott, NY a good place to live?
Wolcott offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,446 and a median age of 45.4, the city appeals to established professionals and retirees.
How educated is Wolcott, NY?
12.5% of residents in Wolcott 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 Wolcott?
Key cost-of-living indicators for Wolcott, NY: median home value is $85,300 (65% below national), median rent is $636/month, and median household income is $43,661. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wolcott?
The poverty rate in Wolcott, NY is 19.3%, 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 Wolcott, NY?
Wolcott's population is 0.3% White, 4.2% Hispanic or Latino, 4.7% Black or African American, 0.3% Asian, and 2.1% two or more races. 1.1% of residents are foreign-born.