Ames, NY Profile: Facts & Data

The primary coordinate point for Ames is located at latitude 42.8376 and longitude -74.6015 in Montgomery County. The formal boundaries for the Village of Ames encompass a land area of 0.13 sq. miles and a water area of 0 sq. miles. Montgomery County is in the Eastern time zone (GMT -5). The elevation is 709 feet.

The Village of Ames 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.

Ames, NY Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	126 (100%)
Population in Households	126 (100.0%)
Population in Families	101 (80.2%)
Population in Group Quarters¹	0
Population Density	964
Diversity Index²	24


INCOME
Median Household Income	$81,331
Average Household Income	$105,586
% of Income for Mortgage⁴	12%
Per Capita Income	$42,081
Wealth Index⁵	116

HOUSING
Total HU (Housing Units)	62 (100%)
Owner Occupied HU	55 (88.7%)
Renter Occupied HU	3 ( 4.8%)
Vacant Housing Units	4 ( 6.5%)
Median Home Value	$185,294
Average Home Value	$203,241
Housing Affordability Index³	210

HOUSEHOLDS
Total Households	58
Average Household Size	2.17
Family Households	39
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.

Ames, NY - Peer Comparisons by Rank and Percentile

The table below compares Ames to the other 1,293 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	-3.96%	-0.48%
Households	-0.76%	0.00%
Families		0.00%
Median Household Income		1.13%
Per Capita Income		3.61%
Owner Occupied HU		-0.37%

Variable Description	Rank	Percentile
Total Population	# 1269	2nd
Population Density	# 713	45th
Median Household Income	# 557	57th
Housing Affordability Index	# 1129	87th
Per Capita Income	# 582	55th
Diversity Index	# 843	35th

Ames, NY Profile: Facts & Data

Ames, New York - Basic Facts

Ames, NY Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ames, NY - Peer Comparisons by Rank and Percentile

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