Living in Esperance, New York
Cost of living, income, home prices, rent and demographics of Esperance · Census data 2020–2024
Esperance has 248 residents with a median age of 48.6. The median household income is $73,333 (15% lower than the New York median), the median home value is $191,700.
Esperance is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Esperance at a glance
- Population
- 248
- Median age
- 48.6State: 39.8
- Median household income
- $73,333State: $85,974
- Median home value
- $191,700State: $423,800
- Homeowners
- 88.3%
- Bachelor's degree or higher
- 20.3%
- Average commute
- 26 min
Is Esperance a good place to live?
Pros: Home values 55% lower than the state median; an average commute of 26 minutes; unemployment of 6.4%; a poverty rate of 9.7%.
Cons: Median household income 15% lower than the New York median.
The weather is best in May–June and August–September.
Cost of living in Esperance
Housing is the biggest part of the cost of living. In Esperance the median home value is $191,700, 42% lower than the U.S. median. Renters pay a median of — per month, which is 51% of household income. Homeowners with a mortgage pay $1,611 a month in housing costs.
Esperance median household income
The median household income in Esperance is $73,333 and the income per person is $42,091. 9.7% of residents live below the poverty line (New York: 14%).
Housing in Esperance: homes for sale and rent
- Housing units
- 160
- Owner-occupied
- 88.3%
- Renter-occupied
- 11.7%
- Vacant
- 25%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.07
Esperance demographics
- Population
- 248
- Median age
- 48.6
- Under 18
- 9.7%
- 65 and older
- 23%
- Households
- 120
- Foreign-born
- 2%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Esperance ›
Education in Esperance
20.3% of adults 25 and older in Esperance have a bachelor's degree or higher (New York: 40.2%), and 11.4% have a graduate or professional degree.
Jobs and commute in Esperance
- Unemployment rate
- 6.4%State: 6.4%
- Average commute
- 26 minState: 33 min
- Work from home
- 18.4%
- Drive alone
- 69.4%
- Public transit
- 0%
- Walk to work
- 5.4%
- Homes with broadband
- 95%
Esperance vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Esperance | 248 | $73,333 | $191,700 | — |
| Delanson | 263 | $113,750 | $264,500 | $950 |
| Central Bridge | 456 | $105,909 | $196,400 | $1,094 |
| Schoharie | 1,144 | $55,742 | $220,900 | $839 |
| Duane Lake | 236 | $142,150 | $404,300 | — |
| Mariaville Lake | 1,085 | $83,168 | $248,200 | — |
| Altamont | 1,855 | $112,159 | $318,900 | $1,201 |
| Middleburgh | 1,220 | $46,912 | $193,500 | $981 |
| Amsterdam | 18,166 | $56,178 | $137,900 | $1,006 |
More for people moving to Esperance
Esperance ZIP code ›Weather and climate ›Living in Esperance: FAQ
What is the median household income in Esperance, NY?
The median household income in Esperance is $73,333, 15% 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 Esperance?
The median home value in Esperance is $191,700, compared with $423,800 in New York.
Is Esperance, NY a good place to live?
Pluses: home values 55% lower than the state median; an average commute of 26 minutes; unemployment of 6.4%; a poverty rate of 9.7%. Minuses: median household income 15% lower than the New York median.
What is the median age in Esperance?
The median age in Esperance is 48.6 years (New York: 39.8).
How long is the commute in Esperance?
The average commute to work in Esperance is 26 minutes; 18.4% of workers work from home.
What is the unemployment rate in Esperance?
The unemployment rate in Esperance is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Esperance?
20.3% of adults in Esperance 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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