Pine Valley, NY Profile: Facts & Data

The Pine Valley CDP⁽¹⁾ had a population of 797 as of July 1, 2024. Pine Valley 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 Pine Valley is located at latitude 42.2254 and longitude -76.8455 in Chemung County. The formal boundaries for the Pine Valley Census Designated Place encompass a land area of 1.2 sq. miles and a water area of 0.01 sq. miles. Chemung County is in the Eastern time zone (GMT -5).

The Pine Valley Census Designated Place 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 "S" which identifies a statistical entity.

The Pine Valley Census Designated Place is located within Town of Veteran, a minor civil division (MCD) of Chemung County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Pine Valley, NY Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	797 (100%)
Population in Households	797 (100.0%)
Population in Families	654 (82.1%)
Population in Group Quarters¹	0
Population Density	662
Diversity Index²	17


INCOME
Median Household Income	$60,144
Average Household Income	$83,797
% of Income for Mortgage⁴	20%
Per Capita Income	$35,117
Wealth Index⁵	72
Socioeconomic Status Index⁶	Moderate (52.4)

HOUSING
Total HU (Housing Units)	377 (100%)
Owner Occupied HU	261 (69.2%)
Renter Occupied HU	73 (19.4%)
Vacant Housing Units	43 (11.4%)
Median Home Value	$193,750
Average Home Value	$247,605
Housing Affordability Index³	104

HOUSEHOLDS
Total Households	334
Average Household Size	2.39
Family Households	226
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.
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.

Pine Valley, NY - Peer Comparisons by Rank and Percentile

The table below compares Pine Valley 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-1.01%	-0.28%
Households	0.14%	0.18%
Families		0.00%
Median Household Income		1.60%
Per Capita Income		2.92%
Owner Occupied HU		0.98%

Variable Description	Rank	Percentile
Total Population	# 916	29th
Population Density	# 862	33rd
Median Household Income	# 1015	22nd
Housing Affordability Index	# 777	60th
Per Capita Income	# 985	24th
Diversity Index	# 1098	15th

Pine Valley, NY Profile: Facts & Data

Pine Valley, New York - Basic Facts

Pine Valley, NY Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Pine Valley, NY - Peer Comparisons by Rank and Percentile

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Chemung County