City

Alfred, NY

1 ZIP code  ·  Allegany County  ·  New York

👥4,627Population
💰$44,659Median HH Income▼ 41% below avg
🎂20.0Median Age
🏠$169,100Median Home Value▼ 39% below avg
🎓70.4%College Grads▲ 82% above avg
📊15.3%Unemployment▲ 212% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 57.1% Female 42.9% ♀

Race & Ethnicity

White: 69.7%Hispanic: 12.6%Black: 10.2%Asian: 5.1%Other: 1.4%Race
White69.7%
Hispanic12.6%
Black10.2%
Asian5.1%
Other1.4%

Age Breakdown

Under 5
1%
5–17
4%
18–24
79%
25–44
7%
45–64
5%
65+
2%

Key Indicators

Median Age20.0 yrs
Avg HH Size2.20
Below Poverty9.1% ▼ 9% below avg
College Grads70.4% ▲ 82% above avg
Unemployment15.3% ▲ 212% above avg
No HS Diploma23 (3.7%)
HS Graduate38 (6%)
Some College41 (6.5%)
Associates84 (13.4%)
Bachelors43 (6.8%)
Graduate Degree400 (63.6%)

Education

No HS: 3.7%HS Grad: 6%Some College: 6.5%Associates: 13.4%Bachelors: 6.8%Graduate: 63.6%Edu
No HS3.7%
HS Grad6.0%
Some College6.5%
Associates13.4%
Bachelors6.8%
Graduate63.6%
Housing & Income

Housing Tenure

Owner: 53%Renter: 47%Tenure
Owner53.0%
Renter47.0%

Home Value Distribution

Under $50k
2%
$50k–$100k
9%
$100k–$150k
31%
$150k–$200k
47%
$200k–$300k
8%
Over $500k
3%

Financials

Median HH Income$44,659 ▼ 41% below avg
Median Home Value$169,100 ▼ 39% below avg
Home/Income Ratio3.8x (nat avg ~3.5x)
Median Rent$800/mo
Total Housing Units675
Vacant Units92

Income Distribution

Under $25k
32%
$25k–$50k
19%
$50k–$75k
13%
$75k–$100k
12%
$100k–$150k
13%
$150k–$200k
5%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
37%
Public Transit
1%
Walked
47%
Work From Home
15%

Commute Time

Under 15 min
77%
15–30 min
16%
30–45 min
4%
Over 45 min
3%
Housing Stock

Year Built

Before 1940
7%
1940s–1950s
28%
1960s–1970s
8%
1980s–1990s
3%
2000+
55%
About Alfred, NY

Alfred is a city in New York, located in Allegany County. The city spans 1 ZIP code and is home to approximately 4,627 residents. It is a young city, with a median age of 20 years.

Economically, Alfred is a working-class community. The median household income of $44,659 is below the national average. Approximately 9.1% of residents live below the poverty line. The unemployment rate is 15.3%, more than double the national average.

The real estate market in Alfred is an affordable housing market. Median home values stand at $169,100, which is below the national average. Renters typically pay around $800 per month.

The population of Alfred is highly educated. 70.4% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (69.7%).

Alfred, NY offers residents a cost-conscious lifestyle within New York.

ZIP Codes in Alfred
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
14802 4,627 $44,659 $169,100 $800 15.3% 70.4% 53.0%