Wellsburg, NY Profile: Facts & Data

The Village of Wellsburg had a population of 471 as of July 1, 2024. Wellsburg 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 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.

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

POPULATION
Total Population	471 (100%)
Population in Households	464 (98.5%)
Population in Families	336 (71.3%)
Population in Group Quarters¹	7 ( 1.5%)
Population Density	829
Diversity Index²	19


INCOME
Median Household Income	$51,528
Average Household Income	$68,989
% of Income for Mortgage⁴	13%
Per Capita Income	$32,693
Wealth Index⁵	63
Socioeconomic Status Index⁶	Low (42.5)

HOUSING
Total HU (Housing Units)	242 (100%)
Owner Occupied HU	177 (73.1%)
Renter Occupied HU	46 (19.0%)
Vacant Housing Units	19 ( 7.9%)
Median Home Value	$103,409
Average Home Value	$144,068
Housing Affordability Index³	166

HOUSEHOLDS
Total Households	223
Average Household Size	2.08
Family Households	123
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.

Wellsburg, NY - Peer Comparisons by Rank and Percentile

The table below compares Wellsburg 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	-0.93%	-1.00%
Households	0.00%	-0.09%
Families		0.80%
Median Household Income		1.16%
Per Capita Income		4.35%
Owner Occupied HU		0.56%

Variable Description	Rank	Percentile
Total Population	# 1079	17th
Population Density	# 772	40th
Median Household Income	# 1193	8th
Housing Affordability Index	# 1199	93rd
Per Capita Income	# 1069	17th
Diversity Index	# 1039	19th

Wellsburg, NY Profile: Facts & Data

Wellsburg, New York - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Wellsburg, NY - Peer Comparisons by Rank and Percentile

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