Montour Falls, NY Profile: Facts & Data

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Montour Falls, New York - Basic Facts

The Village of Montour Falls had a population of 1,727 as of July 1, 2023. Montour Falls ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for Montour Falls is located at latitude 42.3473 and longitude -76.8452 in Schuyler County. The formal boundaries for the Village of Montour Falls encompass a land area of 3.01 sq. miles and a water area of 0.02 sq. miles. Schuyler County is in the Eastern time zone (GMT -5).

The Village of Montour Falls has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Montour Falls is located within Town of Montour, a minor civil division (MCD) of Schuyler County.


Jump to... (On This Page!)
  1. Montour Falls 2023 Demographic Data
  2. Growth Rates for Montour Falls (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New York Research Tools (Easy Tools & Current Data)
  3. New York Data Comparison Tool - 2023 Demographics
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Montour Falls, NY Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,727 (100%)
Population in Households 1,515 (87.7%)
Population in Families 1,039 (60.2%)
Population in Group Quarters1 212 (12.3%)
Population Density 574
Diversity Index2 14
 
 

INCOME

Median Household Income $49,584
Average Household Income $64,708
% of Income for Mortgage4 16%
Per Capita Income $27,261
Wealth Index5 44
Socioeconomic Status Index6 Moderate (46.6)
 

HOUSING

Total HU (Housing Units) 813 (100%)
Owner Occupied HU 441 (54.2%)
Renter Occupied HU 282 (34.7%)
Vacant Housing Units 90 (11.1%)
Median Home Value $133,527
Average Home Value $148,186
Housing Affordability Index3 121
 

HOUSEHOLDS

Total Households 723
Average Household Size 2.10
Family Households 356
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 1.70% 0.06%
Households 0.04% 0.28%
Families   0.17%
Median Household Income   3.69%
Per Capita Income   3.01%
Owner Occupied HU   0.67%

Montour Falls, NY - Peer Comparisons by Rank and Percentile

The table below compares Montour Falls to the other 1,293 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 678 48th
Population Density # 911 30th
Median Household Income # 1183 9th
Housing Affordability Index # 884 68th
Per Capita Income # 1192 8th
Diversity Index # 1210 6th

Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.

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