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The total population of Wolcott is estimated to be 1,322 with 585 males (44.25%) and 737 females (55.75%). There are 152 more females than males in Wolcott.
The median household income in Wolcott was $42,541 in 2021, which marked an an increase of 1,390(3.38%) from $41,151 in 2020. This income is 57.02% 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, Wolcott sees its highest median household income among householders in the age group of 25 to 44 years old, at $65,411. Overall, the median household income for the village of Wolcott stands at $42,541.
In Wolcott, the median income for all workers aged 15 years and older, regardless of work hours, was $36,300 for males and $20,267 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,695 for males and $39,000 for females.
In Wolcott, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $51,006, while White households have a median household income of $41,615.
In 2022, the population of Wolcott was 1,588, a 0.44% decrease year-by-year from 2021. Previously, in 2021, Wolcott's population was 1,595, a decline of 0.31% compared to a population of 1,600 in 2020.
The median age in Wolcott, NY is 43.7, as per 2021 ACS 5-Year Estimates. Of the total population, 12.63% were under the age of 15, 18.86% aged 15 to 29, 47.88% aged 30 to 64, 18.01% aged 65 to 84, and 2.62% were 85 years of age and older.
Racial distribution of Wolcott population: 93.61% are White, 1.46% are Black or African American, 0.92% are American Indian and Alaska Native, 1.69% are some other race and 2.31% are multiracial.