Living in McGraw, New York
Cost of living, income, home prices, rent and demographics of McGraw · Census data 2020–2024
McGraw has 974 residents with a median age of 41.6. The median household income is $64,185 (25% lower than the New York median), the median home value is $109,600, the median rent is $830/month.
McGraw is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
McGraw at a glance
- Population
- 974
- Median age
- 41.6State: 39.8
- Median household income
- $64,185State: $85,974
- Median home value
- $109,600State: $423,800
- Median rent
- $830/moState: $1,621
- Homeowners
- 70.9%
- Bachelor's degree or higher
- 16.3%
- Average commute
- 19 min
Is McGraw a good place to live?
Pros: Home values 74% lower than the state median; an average commute of 19 minutes; unemployment of 2.1%; a poverty rate of 6.9%.
Cons: Median household income 25% lower than the New York median.
The weather is best in June to September.
Cost of living in McGraw
Housing is the biggest part of the cost of living. In McGraw the median home value is $109,600, 67% lower than the U.S. median. Renters pay a median of $830 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,455 a month in housing costs.
McGraw median household income
The median household income in McGraw is $64,185 and the income per person is $31,071. 6.9% of residents live below the poverty line (New York: 14%).
Housing in McGraw: homes for sale and rent
- Housing units
- 386
- Owner-occupied
- 70.9%
- Renter-occupied
- 29.1%
- Vacant
- 1.3%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.50
McGraw demographics
- Population
- 974
- Median age
- 41.6
- Under 18
- 27.8%
- 65 and older
- 21.1%
- Households
- 381
- Foreign-born
- 0.8%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of McGraw ›
Education in McGraw
16.3% of adults 25 and older in McGraw have a bachelor's degree or higher (New York: 40.2%), and 6.2% have a graduate or professional degree.
Jobs and commute in McGraw
- Unemployment rate
- 2.1%State: 6.4%
- Average commute
- 19 minState: 33 min
- Work from home
- 4.1%
- Drive alone
- 84.2%
- Public transit
- 0%
- Walk to work
- 3.6%
- Homes with broadband
- 89%
McGraw vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| McGraw | 974 | $64,185 | $109,600 | $830 |
| Cortland | 17,450 | $59,482 | $152,600 | $975 |
| Homer | 3,114 | $72,472 | $165,200 | $1,158 |
| Munsons Corners | 2,662 | $56,069 | $135,700 | $959 |
| Cortland West | 1,020 | $127,019 | $275,500 | — |
| Virgil | 220 | $67,813 | $251,800 | — |
| McLean | 410 | $75,962 | — | — |
| Marathon | 952 | $52,198 | $124,800 | $778 |
| Dryden | 1,671 | $50,435 | $230,900 | $870 |
More for people moving to McGraw
McGraw ZIP code ›Weather and climate ›Living in McGraw: FAQ
What is the median household income in McGraw, NY?
The median household income in McGraw is $64,185, 25% 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 McGraw?
The median home value in McGraw is $109,600, compared with $423,800 in New York.
How much is rent in McGraw?
The median gross rent in McGraw is $830 per month, about 32.7% of household income.
Is McGraw, NY a good place to live?
Pluses: home values 74% lower than the state median; an average commute of 19 minutes; unemployment of 2.1%; a poverty rate of 6.9%. Minuses: median household income 25% lower than the New York median.
What is the median age in McGraw?
The median age in McGraw is 41.6 years (New York: 39.8).
How long is the commute in McGraw?
The average commute to work in McGraw is 19 minutes; 4.1% of workers work from home.
What is the unemployment rate in McGraw?
The unemployment rate in McGraw is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is McGraw?
16.3% of adults in McGraw 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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