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Allegany, NY
Full City Profile · New York · Cattaraugus County County
3.8
/5.0
B+
Good
1,773
Population
2,273/sq mi density
$73,802
Median Income
$41,924 per capita
$152,000
Home Value
$108,889 Zillow
$767
Median Rent
32.6% income on rent
46°F
Avg Temperature
246 sunny days/yr
407
Violent Crime/100K
1,875 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$73,802 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$152,000 home value, $767/mo rent
F
Safety
1.0 / 5.0
407 violent crimes/100K (7% above avg)
A+
Education
4.7 / 5.0
46.7% bachelor's degree or higher
Housing Overview
Median Home Value
$152,000
46% below
US avg: $281,900
Median Rent
$767/mo
34% below
US avg: $1,163/mo
Homeownership Rate
64.1%
2% below US avg (65.4%)
Total Housing Units
878
Median year built: 1954
Home Value by Source
Census Median
$152,000
Zillow (ZHVI)
$108,889
Median Sale Price
$167,500
Median List Price
$57,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.1%
Owner-Occupied
35.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$750/mo
1 Bedroom
$754/mo
2 Bedroom
$974/mo
3 Bedroom
$1,243/mo
4 Bedroom
$1,464/mo
Census median rent:
$767/mo
Market Indicators (Redfin)
Median Days on Market
92 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$91
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
32.6%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
64.1%
Complete Housing Data
Home Values
| Census Median Value | $152,000 |
| Zillow Home Value (ZHVI) | $108,889 |
| Median Sale Price | $167,500 |
| Median List Price | $57,450 |
| Price Per Sq Ft | $91 |
Rent
| Census Median Rent | $767 |
| FMR Studio | $750 |
| FMR 1-Bedroom | $754 |
| FMR 2-Bedroom | $974 |
| FMR 3-Bedroom | $1,243 |
| FMR 4-Bedroom | $1,464 |
Market
| Days on Market | 92 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 1 |
| Price Per Sq Ft | $91 |
Ownership & Stock
| Owner-Occupied | 64.1% |
| Renter-Occupied | 35.9% |
| Homeownership Rate | 64.1% |
| Total Housing Units | 878 |
| Median Year Built | 1954 |
| Rent Burden | 32.6% |