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The total population of Newstead town is estimated to be 8,687 with 4,221 males (48.59%) and 4,466 females (51.41%). There are 245 more females than males in Newstead town.
The median household income in Newstead town was $70,448 in 2021, which marked an a decrease of 2,268(3.12%) from $72,716 in 2020. This income is 94.43% 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, Newstead town sees its highest median household income among householders in the age group of 25 to 44 years old, at $99,647. Overall, the median household income for the town of Newstead town stands at $70,448.
In Newstead town, the median income for all workers aged 15 years and older, regardless of work hours, was $49,099 for males and $30,515 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,839 for males and $50,095 for females.
In Newstead town, population is primarily represented by White households, reporting a median income of $71,673.
In 2022, the population of Newstead town was 8,670, a 0.22% decrease year-by-year from 2021. Previously, in 2021, Newstead town's population was 8,689, a decline of 0.01% compared to a population of 8,690 in 2020.
The median age in Newstead, New York is 46.8, as per 2021 ACS 5-Year Estimates. Of the total population, 17.83% were under the age of 15, 14.23% aged 15 to 29, 47.43% aged 30 to 64, 19.03% aged 65 to 84, and 1.49% were 85 years of age and older.
Racial distribution of Newstead town population: 95.58% are White, 0.85% are Black or African American, 0.51% are American Indian and Alaska Native, 0.14% are Asian, 0.28% are some other race and 2.65% are multiracial.