Worcester, NY Profile: Facts & Data

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Worcester, New York - Basic Facts

The Worcester Census Designated Place had a population of 1,003 as of July 1, 2020. Worcester ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for Worcester is located at latitude 42.5915 and longitude -74.7504 in Otsego County. The formal boundaries for the Worcester Census Designated Place encompass a land area of 8.56 sq. miles and a water area of 0.05 sq. miles. Otsego County is in the Eastern time zone (GMT -5). The elevation is 1,342 feet.

The Worcester Census Designated Place (GNIS ID: 2628193) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Worcester Census Designated Place is located within Town of Worcester, a minor civil division (MCD) of Otsego County.


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Worcester, NY Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,003 (100%)
Population in Households 984 (98.1%)
Population in Families 764 (76.2%)
Population in Group Quarters1 19 ( 1.9%)
Population Density 117
Diversity Index2 20
 
 

INCOME

Median Household Income $51,978
Average Household Income $65,425
% of Income for Mortgage4 8%
Per Capita Income $27,333
Wealth Index5 56
 

HOUSING

Total HU (Housing Units) 586 (100%)
Owner Occupied HU 317 (54.1%)
Renter Occupied HU 105 (17.9%)
Vacant Housing Units 164 (28.0%)
Median Home Value $104,567
Average Home Value $117,744
Housing Affordability Index3 262
 

HOUSEHOLDS

Total Households 422
Average Household Size 2.33
Family Households 267
Average Family Size 3
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.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -1.01% -0.61%
Households -0.96% -0.58%
Families -1.29% -0.68%
Median Household Income   3.17%
Per Capita Income   2.35%
Owner Occupied HU   -0.57%

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Worcester, NY - Peer Comparisons by Rank and Percentile

The table below compares Worcester to the other 1,195 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2020 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 # 820 31st
Population Density # 1169 2nd
Median Household Income # 923 23rd
Housing Affordability Index # 999 84th
Per Capita Income # 880 26th
Diversity Index # 686 43rd

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

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