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LOCAL GUIDE

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All About

Living In Allegany, NY

Allegany is a small town in New York with slightly less than 2,000 residents. There is no shortage of activities for young adults (15-24), who make up a greater percentage of the population here (29%) than nationally (14%), while young professionals feature less prominently in the demographics. Overall, the town's residents, with an average age of just over 39, are younger than most cities in New York. Only 33% of residents rent in Allegany, as most own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $824 per month. Over the course of a year, renters in Allegany will save around $5,500 compared to the state average.

Compared to the national average (7%), Allegany has a high number of residents over the age of 25 who have advanced degrees, as 11% possess a Master's or a Doctorate. In addition, 10% possess a Bachelor's degree. Workers are spread across a plethora of industries in Allegany, the most common five of which are healthcare, education, retail, manufacturing, and entertainment. Combined, these industries make up 34% of the workforce in the town. Meanwhile, in terms of job function, many residents work in sales, as 6% of the town's population reports this as their field of work, the highest number of any field. With an average annual income of around $64K, Allegany workers earn about $17,000 less than their peers elsewhere in New York. The town's average income also falls below the national average ($73,345).

Averaging about 18 minutes, Allegany's commute time is faster than the state average of about 38 minutes. Many residents (37%) drive their car to work, while public transit isn't used. A small percentage of residents (3%) commute to work on foot, though the number is greater than the national average.


Frequently Asked Questions About Allegany

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