Living in Alfred, New York
Cost of living, income, home prices, rent and demographics of Alfred · Census data 2020–2024
Alfred has 4,819 residents with a median age of 20.2. The median household income is $40,625 (53% lower than the New York median), the median home value is $170,800, the median rent is $899/month.
Alfred at a glance
- Population
- 4,819
- Median age
- 20.2State: 39.8
- Median household income
- $40,625State: $85,974
- Median home value
- $170,800State: $423,800
- Median rent
- $899/moState: $1,621
- Homeowners
- 48.2%
- Bachelor's degree or higher
- 71.1%
- Average commute
- 12 min
Is Alfred a good place to live?
Pros: Home values 60% lower than the state median; an average commute of 12 minutes.
Cons: Median household income 53% lower than the New York median; unemployment of 16.4%; a poverty rate of 37.4%.
The weather is best in June to September.
Cost of living in Alfred
Housing is the biggest part of the cost of living. In Alfred the median home value is $170,800, 49% lower than the U.S. median. Renters pay a median of $899 per month, which is 39.8% of household income. Homeowners with a mortgage pay $1,385 a month in housing costs.
Alfred median household income
The median household income in Alfred is $40,625 and the income per person is $12,994. 37.4% of residents live below the poverty line (New York: 14%).
Housing in Alfred: homes for sale and rent
- Housing units
- 742
- Owner-occupied
- 48.2%
- Renter-occupied
- 51.8%
- Vacant
- 6.9%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 1.96
Alfred demographics
- Population
- 4,819
- Median age
- 20.2
- Under 18
- 4.9%
- 65 and older
- 3.9%
- Households
- 691
- Foreign-born
- 8%
- Veterans
- 0.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Alfred ›
Education in Alfred
71.1% of adults 25 and older in Alfred have a bachelor's degree or higher (New York: 40.2%), and 47.8% have a graduate or professional degree.
Jobs and commute in Alfred
- Unemployment rate
- 16.4%State: 6.4%
- Average commute
- 12 minState: 33 min
- Work from home
- 15.9%
- Drive alone
- 38.5%
- Public transit
- 2.3%
- Walk to work
- 37%
- Homes with broadband
- 91.3%
Alfred vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alfred | 4,819 | $40,625 | $170,800 | $899 |
| Almond | 368 | $57,083 | $90,400 | $1,075 |
| Andover | 915 | $66,136 | $72,000 | $689 |
| Hornell | 8,152 | $47,385 | $94,500 | $784 |
| North Hornell | 1,043 | $78,750 | $161,700 | $684 |
| Canisteo | 2,085 | $53,558 | $111,000 | $795 |
| Arkport | 897 | $74,250 | $125,600 | $927 |
| Scio | 727 | $57,143 | $127,400 | — |
| Wellsville | 4,923 | $55,096 | $91,200 | $713 |
More for people moving to Alfred
Alfred ZIP code ›Weather and climate ›Living in Alfred: FAQ
What is the median household income in Alfred, NY?
The median household income in Alfred is $40,625, 53% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alfred?
The median home value in Alfred is $170,800, compared with $423,800 in New York.
How much is rent in Alfred?
The median gross rent in Alfred is $899 per month, about 39.8% of household income.
Is Alfred, NY a good place to live?
Pluses: home values 60% lower than the state median; an average commute of 12 minutes. Minuses: median household income 53% lower than the New York median; unemployment of 16.4%; a poverty rate of 37.4%.
What is the median age in Alfred?
The median age in Alfred is 20.2 years (New York: 39.8).
How long is the commute in Alfred?
The average commute to work in Alfred is 12 minutes; 15.9% of workers work from home.
What is the unemployment rate in Alfred?
The unemployment rate in Alfred is 16.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alfred?
71.1% of adults in Alfred have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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