Living in Phelps, New York
Cost of living, income, home prices, rent and demographics of Phelps · Census data 2020–2024
Phelps has 2,254 residents with a median age of 38.5. The median household income is $71,083 (17% lower than the New York median), the median home value is $170,400, the median rent is $1,111/month.
Phelps at a glance
- Population
- 2,254
- Median age
- 38.5State: 39.8
- Median household income
- $71,083State: $85,974
- Median home value
- $170,400State: $423,800
- Median rent
- $1,111/moState: $1,621
- Homeowners
- 78.4%
- Bachelor's degree or higher
- 26.7%
- Average commute
- 20 min
Is Phelps a good place to live?
Pros: Home values 60% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 17% lower than the New York median; unemployment of 7.6%; a poverty rate of 14.7%.
The weather is best in June to September.
Cost of living in Phelps
Housing is the biggest part of the cost of living. In Phelps the median home value is $170,400, 49% lower than the U.S. median. Renters pay a median of $1,111 per month, which is 30.7% of household income. Homeowners with a mortgage pay $1,410 a month in housing costs.
Phelps median household income
The median household income in Phelps is $71,083 and the income per person is $31,899. 14.7% of residents live below the poverty line (New York: 14%).
Housing in Phelps: homes for sale and rent
- Housing units
- 989
- Owner-occupied
- 78.4%
- Renter-occupied
- 21.6%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.45
Phelps demographics
- Population
- 2,254
- Median age
- 38.5
- Under 18
- 26.4%
- 65 and older
- 17.8%
- Households
- 920
- Foreign-born
- 3.4%
- Veterans
- 7.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Phelps ›
Education in Phelps
26.7% of adults 25 and older in Phelps have a bachelor's degree or higher (New York: 40.2%), and 8.3% have a graduate or professional degree.
Jobs and commute in Phelps
- Unemployment rate
- 7.6%State: 6.4%
- Average commute
- 20 minState: 33 min
- Work from home
- 13.2%
- Drive alone
- 69.3%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 88.8%
Phelps vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Phelps | 2,254 | $71,083 | $170,400 | $1,111 |
| Clifton Springs | 2,273 | $64,565 | $178,300 | $680 |
| Newark | 8,991 | $60,006 | $132,600 | $979 |
| Geneva | 12,512 | $79,435 | $165,500 | $972 |
| Shortsville | 1,713 | $91,058 | $134,600 | $909 |
| Lyons | 3,738 | $67,850 | $90,500 | $916 |
| Manchester | 1,631 | $65,750 | $110,000 | $1,310 |
| Waterloo | 4,605 | $51,642 | $114,300 | $927 |
| Palmyra | 3,287 | $64,983 | $129,700 | $937 |
More for people moving to Phelps
Phelps ZIP code ›Weather and climate ›Living in Phelps: FAQ
What is the median household income in Phelps, NY?
The median household income in Phelps is $71,083, 17% 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 Phelps?
The median home value in Phelps is $170,400, compared with $423,800 in New York.
How much is rent in Phelps?
The median gross rent in Phelps is $1,111 per month, about 30.7% of household income.
Is Phelps, NY a good place to live?
Pluses: home values 60% lower than the state median; an average commute of 20 minutes. Minuses: median household income 17% lower than the New York median; unemployment of 7.6%; a poverty rate of 14.7%.
What is the median age in Phelps?
The median age in Phelps is 38.5 years (New York: 39.8).
How long is the commute in Phelps?
The average commute to work in Phelps is 20 minutes; 13.2% of workers work from home.
What is the unemployment rate in Phelps?
The unemployment rate in Phelps is 7.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Phelps?
26.7% of adults in Phelps 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.
Last updated: