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The total population of Gallatin town is estimated to be 1,508 with 826 males (54.77%) and 682 females (45.23%). There are 144 less females than males in Gallatin town.
The median household income in Gallatin town was $90,430 in 2021, which marked an an increase of 4,878(5.70%) from $85,552 in 2020. This income is 121.21% 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, Gallatin town sees its highest median household income among householders in the age group of 45 to 64 years old, at $133,524. Overall, the median household income for the town of Gallatin town stands at $90,430.
In Gallatin town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,458 for males and $36,770 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $73,232 for males and $55,783 for females.
In Gallatin town, population is primarily represented by White households, reporting a median income of $91,878.
In 2022, the population of Gallatin town was 1,628, a 0.85% decrease year-by-year from 2021. Previously, in 2021, Gallatin town's population was 1,642, an increase of 1.23% compared to a population of 1,622 in 2020.
The median age in Gallatin, New York is 50.6, as per 2021 ACS 5-Year Estimates. Of the total population, 13.92% were under the age of 15, 12.78% aged 15 to 29, 48.49% aged 30 to 64, 22.86% aged 65 to 84, and 1.95% were 85 years of age and older.
Racial distribution of Gallatin town population: 94.42% are White, 0.94% are Black or African American, 0.20% are Asian, 0.81% are some other race and 3.63% are multiracial.