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Balmville, New York

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
3,399
Population
$120,694
Median Income
$392,200
Home Value
47.2
Median Age

Demographics

Balmville has a population of 3,399 with a median age of 47.2. Here is the racial and ethnic breakdown of the population:

White
45.1%
Hispanic
29.6%
Black
17.2%
Other
4.5%
Asian
3.6%
Demographic Value
Total Population3,399
Median Age47.2
White45.1%
Black or African American17.2%
Asian3.6%
Hispanic or Latino29.6%
Other / Two or More Races4.5%
Balmville, New York — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 45.1%Hispanic/Latino: 29.6%Black: 17.2%Other: 4.5%Asian: 3.6%3,399PopulationWhiteWhite45.1%Hispanic/LatinoHispanic/Latino29.6%BlackBlack17.2%OtherOther4.5%AsianAsian3.6%

Income & Economy

The median household income in Balmville is $120,694, which is 49.7% above the national median of $80,610. The per capita income is $50,721. The poverty rate is 3.2%.

$120,694
Median Household Income
$50,721
Per Capita Income
3.2%
Poverty Rate

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Education

In Balmville, 91.2% of residents age 25+ have a high school diploma or higher, and 33.9% hold a bachelor's degree or higher (18.8% with a graduate or professional degree).

HS Diploma+
91.2%
Bachelor's+
33.9%
Graduate+
18.8%
Education Level % of Adults (25+)
High School Diploma or Higher91.2%
Bachelor's Degree or Higher33.9%
Graduate or Professional Degree18.8%

Housing

The median home value in Balmville is $392,200, above the national median of $303,400. The median monthly rent is $1,656. The homeownership rate is 77.3%.

$392,200
Median Home Value
$1,656/mo
Median Rent
77.3%
Homeownership Rate
Housing Metric Value
Median Home Value$392,200
Median Monthly Rent$1,656
Homeownership Rate77.3%
Vacancy Rate5.3%

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Frequently Asked Questions

What is the population of Balmville, New York?
The population of Balmville, New York is 3,399 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Balmville, New York?
The median household income in Balmville, New York is $120,694. This is 49.7% above the national median of $80,610.
What is the median home value in Balmville, New York?
The median home value in Balmville, New York is $392,200. The median monthly rent is $1,656.
What percentage of people in Balmville have a college degree?
In Balmville, New York, 33.9% of adults age 25 and older hold a bachelor's degree or higher, and 91.2% have a high school diploma or higher.
Is Balmville, New York an affordable place to live?
The home price-to-income ratio in Balmville, New York is 3.2x (median home value $392,200 vs. median income $120,694), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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