Wellsburg, NY Profile: Facts & Data

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Wellsburg, New York - Basic Facts

The Village of Wellsburg had a population of 464 as of July 1, 2023.

The primary coordinate point for Wellsburg is located at latitude 42.0162 and longitude -76.7269 in Chemung County. The formal boundaries for the Village of Wellsburg encompass a land area of 0.57 sq. miles and a water area of 0.01 sq. miles. Chemung County is in the Eastern time zone (GMT -5).

The Village of Wellsburg 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 Wellsburg is located within Town of Ashland, a minor civil division (MCD) of Chemung County.


Jump to... (On This Page!)
  1. Wellsburg 2023 Demographic Data
  2. Growth Rates for Wellsburg (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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Wellsburg, NY Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 464 (100%)
Population in Households 454 (97.8%)
Population in Families 334 (72.0%)
Population in Group Quarters1 10 ( 2.2%)
Population Density 817
Diversity Index2 21
 
 

INCOME

Median Household Income $54,823
Average Household Income $75,687
% of Income for Mortgage4 7%
Per Capita Income $36,076
Wealth Index5 70
Socioeconomic Status Index6 High (45.0)
 

HOUSING

Total HU (Housing Units) 241 (100%)
Owner Occupied HU 197 (81.7%)
Renter Occupied HU 24 ( 10.0%)
Vacant Housing Units 20 ( 8.3%)
Median Home Value $65,341
Average Home Value $112,690
Housing Affordability Index3 277
 

HOUSEHOLDS

Total Households 221
Average Household Size 2.05
Family Households 132
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 -1.66% -0.74%
Households -0.28% -0.18%
Families   -0.30%
Median Household Income   1.69%
Per Capita Income   3.99%
Owner Occupied HU   -0.51%

Wellsburg, NY - Peer Comparisons by Rank and Percentile

The table below compares Wellsburg 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 # 1083 16th
Population Density # 779 40th
Median Household Income # 1053 19th
Housing Affordability Index # 1291 100th
Per Capita Income # 864 33rd
Diversity Index # 953 26th

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

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