B-

Allegany, NY

Source:

Affordability Score: 68/100

Population: 6,356 · 1 ZIP codes

The affordability dashboard for Allegany, NY aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 6,356 residents, then layers in county-level federal data to produce an overall grade of B- (68/100). The headline inputs are median household income of $73,236, median home value of $176,000, median rent of $782 per month, and 33.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,007 per month (studio $778, 1BR $783, 3BR $1,232, 4BR $1,420). Department of Labor data lists infant center-based childcare at $12,844 per year, consuming 18% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Allegany, NY include housing, rent. Unemployment currently reads 3.7% and poverty 14.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$73,236
Median household income
Education C
33.2%
Bachelor's degree or higher
Housing A-
2.4x
Home value $176,000 vs income
Commute B-
22 min
Average commute time
Rent A
$1,007/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$12,844/yr
Center-based infant care (18% of income)

Income & Employment

Median Income
$73,236
▲ 18% vs national
Per Capita Income
$39,845
Unemployment Rate
3.7%
Poverty Rate
14.9%

Housing

Median Home Value
$176,000
▼ 36% vs national
Median Rent
$782/mo
Owner Occupied
80.4%
2BR Fair Market Rent
$1,007/mo
▼ 16% vs national

Fair Market Rents by Bedroom

Studio
$778
1BR
$783
2BR
$1,007
3BR
$1,232
4BR
$1,420

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
33.2%
▲ 3 ppt vs national
High School+
68.1%
Median Age
46.4
Avg. Commute
22 min
▼ 4 min vs national

Childcare Costs

Infant (Center)
$12,844/yr
18% of income
Toddler (Center)
$11,960/yr
Preschool (Center)
$10,400/yr
School-Age (Center)
$10,088/yr

What This Means

Allegany, NY receives an overall affordability grade of B- (68/100), aggregated from 1 ZIP codes with a total population of 6,356. This area performs well in housing and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Allegany ZIP Codes
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What are common questions about this dashboard?

Is Allegany, NY affordable?
Allegany, NY receives an overall affordability grade of B- (68/100) based on Census, HUD, FBI, and DOL data. Median household income is $73,236. Median home value is $176,000.
What is the cost of living in Allegany?
Key cost metrics: Median rent $782/mo. 2BR fair market rent $1,007/mo. Infant childcare $12,844/yr. Median home value $176,000.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →