Living in Smallwood, New York

Cost of living, income, home prices, rent and demographics of Smallwood · Census data 2020–2024

Smallwood has 693 residents with a median age of 58.3. The median household income is $65,186 (24% lower than the New York median), the median home value is $162,100.

Smallwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Smallwood at a glance

Population
693
Median age
58.3State: 39.8
Median household income
$65,186State: $85,974
Median home value
$162,100State: $423,800
Homeowners
76.5%
Bachelor's degree or higher
35.4%
Average commute
53 min

Is Smallwood a good place to live?

Pros: Home values 62% lower than the state median.

Cons: Median household income 24% lower than the New York median; an average commute of 53 minutes; a poverty rate of 19%.

The weather is best in June to September.

Cost of living in Smallwood

Housing is the biggest part of the cost of living. In Smallwood the median home value is $162,100, 51% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $987 a month in housing costs.

Median home value

Smallwood$162,100
New York$423,800
United States$332,700

Median monthly rent

New York$1,621
United States$1,413

Smallwood median household income

The median household income in Smallwood is $65,186 and the income per person is $35,394. 19% of residents live below the poverty line (New York: 14%).

Median household income

Smallwood$65,186
New York$85,974
United States$80,734

Housing in Smallwood: homes for sale and rent

Housing units
1,067
Owner-occupied
76.5%
Renter-occupied
23.5%
Vacant
69.4%Includes seasonal homes
Median year built
1946
Average household size
2.12

69.4% of homes are vacant most of the year, a sign that Smallwood has many vacation and second homes.

Smallwood demographics

Population
693
Median age
58.3
Under 18
22.2%
65 and older
37.8%
Households
327
Foreign-born
24.5%
Veterans
11.5%Adults 18+

Race and ethnicity

White69%
Hispanic or Latino20.6%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Smallwood ›

Education in Smallwood

35.4% of adults 25 and older in Smallwood have a bachelor's degree or higher (New York: 40.2%), and 3.8% have a graduate or professional degree.

Bachelor's degree or higher

Smallwood35.4%
New York40.2%
United States35.7%

Jobs and commute in Smallwood

Unemployment rate
0%State: 6.4%
Average commute
53 minState: 33 min
Work from home
23.3%
Drive alone
71.2%
Public transit
5.6%
Walk to work
0%
Homes with broadband
97.6%

Smallwood vs nearby towns

TownPopulationMedian incomeHome valueRent
Smallwood693$65,186$162,100—
Kauneonga Lake461$176,000$181,500—
Mongaup Valley235$115,111——
Monticello7,279$50,583$172,000$1,166
Swan Lake161$68,056$556,000$1,495
Hurleyville1,061$85,846$353,300$1,051
South Fallsburg1,914$44,706$375,000$975
Jeffersonville425$76,000$227,100$1,056
Liberty5,142$64,913$181,900$889

More for people moving to Smallwood

Smallwood ZIP code ›Weather and climate ›

Living in Smallwood: FAQ

What is the median household income in Smallwood, NY?

The median household income in Smallwood is $65,186, 24% 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 Smallwood?

The median home value in Smallwood is $162,100, compared with $423,800 in New York.

Is Smallwood, NY a good place to live?

Pluses: home values 62% lower than the state median. Minuses: median household income 24% lower than the New York median; an average commute of 53 minutes; a poverty rate of 19%.

What is the median age in Smallwood?

The median age in Smallwood is 58.3 years (New York: 39.8).

How long is the commute in Smallwood?

The average commute to work in Smallwood is 53 minutes; 23.3% of workers work from home.

What is the unemployment rate in Smallwood?

The unemployment rate in Smallwood is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Smallwood?

35.4% of adults in Smallwood 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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