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The total population of Nichols is estimated to be 661 with 317 males (47.96%) and 344 females (52.04%). There are 27 more females than males in Nichols.
The median household income in Nichols was $62,828 in 2021, which marked an a decrease of 3,744(5.62%) from $66,572 in 2020. This income is 84.21% 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, Nichols sees its highest median household income among householders in the age group of 45 to 64 years old, at $87,149. Overall, the median household income for the village of Nichols stands at $62,828.
In Nichols, the median income for all workers aged 15 years and older, regardless of work hours, was $43,068 for males and $29,185 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,225 for males and $45,939 for females.
In Nichols, population is primarily represented by White households, reporting a median income of $63,368.
In 2022, the population of Nichols was 459, a 1.08% decrease year-by-year from 2021. Previously, in 2021, Nichols's population was 464, a decline of 1.28% compared to a population of 470 in 2020.
The median age in Nichols, NY is 48.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.84% were under the age of 15, 16.49% aged 15 to 29, 41.32% aged 30 to 64, 23.61% aged 65 to 84, and 1.74% were 85 years of age and older.
Racial distribution of Nichols population: 97.74% are White, 0.69% are some other race and 1.56% are multiracial.