Almond, NY Profile: Facts & Data

The primary coordinate point for Almond is located at latitude 42.3223 and longitude -77.7383 in Allegany County. The formal boundaries for the Village of Almond encompass a land area of 0.56 sq. miles and a water area of 0 sq. miles. Allegany County is in the Eastern time zone (GMT -5). The elevation is 1,322 feet.

The Village of Almond 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.

Almond, NY Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	402 (100%)
Population in Households	396 (98.5%)
Population in Families	321 (79.9%)
Population in Group Quarters¹	6 ( 1.5%)
Population Density	712
Diversity Index²	22


INCOME
Median Household Income	$62,752
Average Household Income	$82,785
% of Income for Mortgage⁴	8%
Per Capita Income	$34,542
Wealth Index⁵	69

HOUSING
Total HU (Housing Units)	201 (100%)
Owner Occupied HU	132 (65.7%)
Renter Occupied HU	47 (23.4%)
Vacant Housing Units	22 (10.9%)
Median Home Value	$98,039
Average Home Value	$148,864
Housing Affordability Index³	310

HOUSEHOLDS
Total Households	179
Average Household Size	2.21
Family Households	118
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.

Almond, NY - Peer Comparisons by Rank and Percentile

The table below compares Almond to the other 1,293 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-1.40%	-0.66%
Households	-1.22%	-0.57%
Families		-0.69%
Median Household Income		2.11%
Per Capita Income		2.58%
Owner Occupied HU		-0.46%

Variable Description	Rank	Percentile
Total Population	# 1116	14th
Population Density	# 831	36th
Median Household Income	# 846	35th
Housing Affordability Index	# 1287	100th
Per Capita Income	# 873	33rd
Diversity Index	# 882	32nd

Almond, NY Profile: Facts & Data

Almond, New York - Basic Facts

Almond, NY Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Almond, NY - Peer Comparisons by Rank and Percentile

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Allegany County