Living in Groton, New York
Cost of living, income, home prices, rent and demographics of Groton · Census data 2020–2024
Groton has 1,834 residents with a median age of 46.2. The median household income is $60,114 (30% lower than the New York median), the median home value is $156,700, the median rent is $832/month.
Groton at a glance
- Population
- 1,834
- Median age
- 46.2State: 39.8
- Median household income
- $60,114State: $85,974
- Median home value
- $156,700State: $423,800
- Median rent
- $832/moState: $1,621
- Homeowners
- 63.9%
- Bachelor's degree or higher
- 21.8%
- Average commute
- 23 min
Is Groton a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 23 minutes; unemployment of 1.7%; a poverty rate of 8.2%.
Cons: Median household income 30% lower than the New York median.
The weather is best in June to September.
Cost of living in Groton
Housing is the biggest part of the cost of living. In Groton the median home value is $156,700, 53% lower than the U.S. median. Renters pay a median of $832 per month, which is 26.6% of household income. Homeowners with a mortgage pay $1,401 a month in housing costs.
Groton median household income
The median household income in Groton is $60,114 and the income per person is $38,415. 8.2% of residents live below the poverty line (New York: 14%).
Housing in Groton: homes for sale and rent
- Housing units
- 945
- Owner-occupied
- 63.9%
- Renter-occupied
- 36.1%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.98
Groton demographics
- Population
- 1,834
- Median age
- 46.2
- Under 18
- 18.8%
- 65 and older
- 25.3%
- Households
- 879
- Foreign-born
- 3.3%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Groton ›
Education in Groton
21.8% of adults 25 and older in Groton have a bachelor's degree or higher (New York: 40.2%), and 9.9% have a graduate or professional degree.
Jobs and commute in Groton
- Unemployment rate
- 1.7%State: 6.4%
- Average commute
- 23 minState: 33 min
- Work from home
- 9.8%
- Drive alone
- 79.1%
- Public transit
- 1.3%
- Walk to work
- 4%
- Homes with broadband
- 89%
Groton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Groton | 1,834 | $60,114 | $156,700 | $832 |
| McLean | 410 | $75,962 | — | — |
| Freeville | 458 | $77,426 | $200,000 | $1,080 |
| Cortland West | 1,020 | $127,019 | $275,500 | — |
| Dryden | 1,671 | $50,435 | $230,900 | $870 |
| Munsons Corners | 2,662 | $56,069 | $135,700 | $959 |
| Lansing | 3,876 | $72,364 | $516,900 | $1,726 |
| Cortland | 17,450 | $59,482 | $152,600 | $975 |
| Virgil | 220 | $67,813 | $251,800 | — |
More for people moving to Groton
Groton ZIP code ›Weather and climate ›Living in Groton: FAQ
What is the median household income in Groton, NY?
The median household income in Groton is $60,114, 30% 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 Groton?
The median home value in Groton is $156,700, compared with $423,800 in New York.
How much is rent in Groton?
The median gross rent in Groton is $832 per month, about 26.6% of household income.
Is Groton, NY a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 23 minutes; unemployment of 1.7%; a poverty rate of 8.2%. Minuses: median household income 30% lower than the New York median.
What is the median age in Groton?
The median age in Groton is 46.2 years (New York: 39.8).
How long is the commute in Groton?
The average commute to work in Groton is 23 minutes; 9.8% of workers work from home.
What is the unemployment rate in Groton?
The unemployment rate in Groton is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Groton?
21.8% of adults in Groton 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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