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Stamford, NY Profile: Facts & Data

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Stamford, New York - Basic Facts

The Village of Stamford had a population of 987 as of July 1, 2024.

The primary coordinate point for Stamford is located at latitude 42.4073 and longitude -74.6143 in Delaware County. The formal boundaries for the Village of Stamford encompass a land area of 1.33 sq. miles and a water area of 0.01 sq. miles. Delaware County is in the Eastern time zone (GMT -5).

The Village of Stamford 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 Stamford is located within Town of Stamford, a minor civil division (MCD) of Delaware County.


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

POPULATION

Total Population 987 (100%)
Population in Households 950 (96.3%)
Population in Families 666 (67.5%)
Population in Group Quarters1 37 ( 3.7%)
Population Density 741
Diversity Index2 32
 
 

INCOME

Median Household Income $51,298
Average Household Income $70,983
% of Income for Mortgage4 29%
Per Capita Income $35,675
Wealth Index5 56
Socioeconomic Status Index6 High (45.0)
 

HOUSING

Total HU (Housing Units) 660 (100%)
Owner Occupied HU 293 (44.4%)
Renter Occupied HU 202 (30.6%)
Vacant Housing Units 165 (25.0%)
Median Home Value $235,833
Average Home Value $283,362
Housing Affordability Index3 78
 

HOUSEHOLDS

Total Households 495
Average Household Size 1.92
Family Households 265
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 -1.22% -0.74%
Households -0.14% 0.00%
Families   0.82%
Median Household Income   1.49%
Per Capita Income   3.15%
Owner Occupied HU   0.54%

Stamford, NY - Peer Comparisons by Rank and Percentile

The table below compares Stamford 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 # 858 34th
Population Density # 816 37th
Median Household Income # 1197 7th
Housing Affordability Index # 465 36th
Per Capita Income # 960 26th
Diversity Index # 662 49th

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

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