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Galway, 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
172
Population
$82,500
Median Income
$246,400
Home Value
40.6
Median Age

Demographics

Galway has a population of 172 with a median age of 40.6. Here is the racial and ethnic breakdown of the population:

White
97.7%
Other
2.3%
Demographic Value
Total Population172
Median Age40.6
White97.7%
Other / Two or More Races2.3%
Galway, New York — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 97.7%Other: 2.3%172PopulationWhiteWhite97.7%OtherOther2.3%

Income & Economy

The median household income in Galway is $82,500, which is 2.3% above the national median of $80,610. The per capita income is $32,931. The poverty rate is 5.2%.

$82,500
Median Household Income
$32,931
Per Capita Income
5.2%
Poverty Rate

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Education

In Galway, 92.3% of residents age 25+ have a high school diploma or higher, and 59.8% hold a bachelor's degree or higher (11.1% with a graduate or professional degree).

HS Diploma+
92.3%
Bachelor's+
59.8%
Graduate+
11.1%
Education Level % of Adults (25+)
High School Diploma or Higher92.3%
Bachelor's Degree or Higher59.8%
Graduate or Professional Degree11.1%

Housing

The median home value in Galway is $246,400, below the national median of $303,400. The median monthly rent is $1,438. The homeownership rate is 70.8%.

$246,400
Median Home Value
$1,438/mo
Median Rent
70.8%
Homeownership Rate
Housing Metric Value
Median Home Value$246,400
Median Monthly Rent$1,438
Homeownership Rate70.8%
Vacancy Rate5.3%

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Frequently Asked Questions

What is the population of Galway, New York?
The population of Galway, New York is 172 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Galway, New York?
The median household income in Galway, New York is $82,500. This is 2.3% above the national median of $80,610.
What is the median home value in Galway, New York?
The median home value in Galway, New York is $246,400. The median monthly rent is $1,438.
What percentage of people in Galway have a college degree?
In Galway, New York, 59.8% of adults age 25 and older hold a bachelor's degree or higher, and 92.3% have a high school diploma or higher.
Is Galway, New York an affordable place to live?
The home price-to-income ratio in Galway, New York is 3.0x (median home value $246,400 vs. median income $82,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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