Apartments for rent in Phelps, NY

Phelps is a small town in New York with just under 2,000 residents. It's a nice place to settle down, as retirees make up a greater percentage of the population (19%) here than they do nationally (14%). Renters tend to be in the minority in the town, and 69% of residents own their homes. With a relatively low average rent of $807 per month in the town, renting remains an affordable option, particularly compared to other cities in New York. Each month, renters in Phelps will pay around $473 less compared to the state average.

Phelps residents have an average commute of about 22 minutes, quicker than the state average of about 38 minutes. Driving a car or truck is the prevailing means of commuting to work, opted for by 50% of residents, while public transportation is not extensively used. Not many residents walk to work.

Compared to the national average (5%), Phelps has a large concentration of residents over the age of 25 with an Associate's degree (10%). In addition, 14% have earned a Bachelor's, Master's, Professional, or Doctoral degree. Many Phelps residents work in one of three industries: healthcare, manufacturing, and education. Together, these industries account for 27% of the labor force in the town. Meanwhile, looking at job function, many of the town's workers are in sales, as 8% of the town's population reports this as their field of work, the highest number of any field. Phelps workers earn an average annual income of just over $72K, around $8,000 less than the average New York resident. However, Phelps's average income is just about on par with the national average ($73,345).