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The total population of Allegany town is estimated to be 7,506 with 3,752 males (49.99%) and 3,754 females (50.01%). There are 2 more females than males in Allegany town.
The median household income in Allegany town was $64,815 in 2021, which marked an a decrease of 3,938(5.73%) from $68,753 in 2020. This income is 86.88% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Allegany town sees its highest median household income among householders in the age group of 25 to 44 years old, at $103,111. Overall, the median household income for the town of Allegany town stands at $64,815.
In Allegany town, the median income for all workers aged 15 years and older, regardless of work hours, was $32,244 for males and $24,665 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $80,683 for males and $54,500 for females.
In Allegany town, there are just three different racial groups among households. Among these, Asian households report a median household income of $171,172, followed by Two or More Races households at $144,862, and White households with a median household income of $62,987.
In 2022, the population of Allegany town was 7,431, a 0.28% decrease year-by-year from 2021. Previously, in 2021, Allegany town's population was 7,452, a decline of 0.45% compared to a population of 7,486 in 2020.
The median age in Allegany Town, New York is 39.8, as per 2021 ACS 5-Year Estimates. Of the total population, 11.77% were under the age of 15, 30.00% aged 15 to 29, 36.53% aged 30 to 64, 19.44% aged 65 to 84, and 2.26% were 85 years of age and older.
Racial distribution of Allegany town population: 91.08% are White, 2.67% are Black or African American, 1.21% are American Indian and Alaska Native, 1.33% are Asian, 1.14% are some other race and 2.56% are multiracial.