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Forestville, NY Profile: Facts & Data

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Forestville, New York - Basic Facts

The Village of Forestville (historical) had a population of 695 as of July 1, 2024.

The primary coordinate point for Forestville is located at latitude 42.4684 and longitude -79.177 in Chautauqua County. The formal boundaries for the Village of Forestville (historical) encompass a land area of 0.98 sq. miles and a water area of 0 sq. miles. Chautauqua County is in the Eastern time zone (GMT -5).

The Village of Forestville (historical) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Forestville (historical) is located within Town of Hanover, a minor civil division (MCD) of Chautauqua County.


Jump to... (On This Page!)
  1. Forestville 2024 Demographic Data
  2. Growth Rates for Forestville (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 - 2024 Demographics
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Forestville, NY Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 695 (100%)
Population in Households 676 (97.3%)
Population in Families 516 (74.2%)
Population in Group Quarters1 19 ( 2.7%)
Population Density 659
Diversity Index2 27
 
 

INCOME

Median Household Income $61,038
Average Household Income $84,341
% of Income for Mortgage4 14%
Per Capita Income $38,267
Wealth Index5 70
Socioeconomic Status Index6 Moderate (50.9)
 

HOUSING

Total HU (Housing Units) 346 (100%)
Owner Occupied HU 240 (69.4%)
Renter Occupied HU 75 (21.7%)
Vacant Housing Units 31 ( 9.0%)
Median Home Value $133,333
Average Home Value $201,563
Housing Affordability Index3 152
 

HOUSEHOLDS

Total Households 315
Average Household Size 2.15
Family Households 194
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

 2020-2024 2024-2029
Population -0.30% -0.49%
Households -0.73% 0.00%
Families   -0.52%
Median Household Income   4.98%
Per Capita Income   4.28%
Owner Occupied HU   0.50%

Forestville, NY - Peer Comparisons by Rank and Percentile

The table below compares Forestville to the other 1,292 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2024 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 # 956 26th
Population Density # 864 33rd
Median Household Income # 997 23rd
Housing Affordability Index # 1138 88th
Per Capita Income # 866 33rd
Diversity Index # 792 39th

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

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