Palatine Bridge, NY Profile: Facts & Data

The Village of Palatine Bridge had a population of 791 as of July 1, 2024. Palatine Bridge 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 Palatine Bridge is located at latitude 42.9109 and longitude -74.574 in Montgomery County. The formal boundaries for the Village of Palatine Bridge encompass a land area of 0.88 sq. miles and a water area of 0.07 sq. miles. Montgomery County is in the Eastern time zone (GMT -5).

The Village of Palatine Bridge 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.

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

POPULATION
Total Population	791 (100%)
Population in Households	717 (90.6%)
Population in Families	569 (71.9%)
Population in Group Quarters¹	74 ( 9.4%)
Population Density	859
Diversity Index²	15


INCOME
Median Household Income	$58,378
Average Household Income	$94,300
% of Income for Mortgage⁴	15%
Per Capita Income	$38,982
Wealth Index⁵	90
Socioeconomic Status Index⁶	Moderate (52.5)

HOUSING
Total HU (Housing Units)	365 (100%)
Owner Occupied HU	247 (67.7%)
Renter Occupied HU	79 (21.6%)
Vacant Housing Units	39 (10.7%)
Median Home Value	$138,514
Average Home Value	$190,789
Housing Affordability Index³	139

HOUSEHOLDS
Total Households	326
Average Household Size	2.20
Family Households	219
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.

Palatine Bridge, NY - Peer Comparisons by Rank and Percentile

The table below compares Palatine Bridge 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	-0.15%	-0.13%
Households	-0.22%	0.00%
Families		0.54%
Median Household Income		6.85%
Per Capita Income		4.19%
Owner Occupied HU		0.08%

Variable Description	Rank	Percentile
Total Population	# 919	29th
Population Density	# 759	41st
Median Household Income	# 1060	18th
Housing Affordability Index	# 1074	83rd
Per Capita Income	# 836	35th
Diversity Index	# 1179	9th

Palatine Bridge, NY Profile: Facts & Data

Palatine Bridge, New York - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Palatine Bridge, NY - Peer Comparisons by Rank and Percentile

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