Everything You Should Know Before Moving to Allegany, NY
Considering a move to Allegany, NY? This small college town of 1,634 boasts an affordable cost of living, with median home prices around $148,000 and average rents at $830. Residents enjoy a safe, close-knit community with low violent crime (110 per 100K), short average commutes of 16 minutes, and excellent local schools. With plenty of seasonal weather, good healthcare access, and nearby St. Bonaventure University, Allegany is a great choice for those seeking a friendly atmosphere and budget-friendly lifestyle.
Demographics - Allegany, NY
Demographics - Allegany, NY
Allegany, NY is a small town of 1,634 residents, characterized by a youthful median age of 22.5, likely influenced by the presence of a nearby university. The community is predominantly White, with a modest mix of other ethnicities and a low percentage of non-English speakers, fostering a close-knit and welcoming atmosphere.
Population:
1,634
Density:
540 per sq mi
Median Age:
22.5
Gender Ratio:
92 males per 100 females
Non-English Speakers Percentage:
4.1%
Ethnic Composition
White:
91.6%
Black:
2.2%
Asian:
2.5%
Others:
3.7%
Cost Of Living
What is the average cost of living in Allegany, NY?
Allegany offers an affordable cost of living, with median home values around $148,000 and average rents at $830, making it attractive for both homebuyers and renters. The overall cost of living index is well below the national average, and essential expenses such as utilities and groceries remain manageable.
Median House Value:
$148,000
Gross Rent:
$830
Monthly Electricity Charges:
$110
Auto Insurance:
$1,220
House Owner Cost With Mortgage:
$1,090
House Owner Cost Without Mortgage:
$430
State Taxes:
Low:
4.0%
|
High:
8.82%
Cost Of Living Index:
81.0
Grocery:
96.0
Housing:
61.0
Utilities:
101.0
Transportation:
92.0
Health Care:
97.0
Miscellaneous:
89.0
Crime
Is Allegany, NY a safe place to live?
Residents enjoy a relatively safe environment, with a low violent crime rate of 110 incidents per 100,000 people and a 1 in 909 chance of experiencing such crimes. Property crime is more common but still moderate for the region, contributing to a secure, small-town feel.
Violent Crimes Per 100k:
110
Property Crimes Per 100k:
1,050
Crime Index:
1,160
Chance Of Violent Crime:
1 in 909
Chance Of Property Crime:
1 in 95
Weather
What is the weather like in Allegany, NY year-round?
Allegany experiences distinct seasons, with warm summers reaching up to 80°F and cold winters dipping to 13°F. The area receives about 41 inches of rainfall annually and enjoys sunshine nearly half the year, offering a classic upstate New York climate.
Winter
Min:
13°F
Max:
32°F
Spring
Min:
34°F
Max:
62°F
Summer
Min:
55°F
Max:
80°F
Fall
Min:
39°F
Max:
64°F
Average Rainfall Inches:
41.4 inches
Sunny Days Percentage:
48%
Neighbors
Local households earn a median income of $56,400, with a per capita income of $25,600, and a poverty rate of 16.3%. Most residents have at least a high school education and benefit from short average commutes and a low unemployment rate, supporting a stable community environment.
Median Income:
$33,500
Household Income:
$56,400
Family Income:
$67,800
Per Capita Income:
$25,600
Income Male:
$37,400
Income Female:
$32,200
Poverty Rate:
16.3%
Non English Speakers:
4.1%
Rent:
$830
Unemployment Rate:
5.7%
Public Transport Usage:
0.6%
Commute Time:
16.4 minutes
Education
High School or Higher:
93.3%
Bachelors or More:
36.1%
Education
How are the schools in Allegany, NY?
Allegany offers strong educational opportunities, including well-rated public schools with low student-teacher ratios and a local Catholic school option. St. Bonaventure University is just two miles away, providing higher education and enriching the town’s academic environment.
Public Schools
Name:
Allegany-Limestone Elementary School
Street:
120 Maple Ave
Phone:
716-375-6600
Students:
540
Student Teacher Ratio:
10.5
Name:
Allegany-Limestone Middle-High School
Street:
3131 Five Mile Rd
Phone:
716-375-6600
Students:
650
Student Teacher Ratio:
11.2
Private Schools
Name:
Southern Tier Catholic School
Street:
208 North 24th St
Phone:
716-372-3456
Students:
120
Colleges
Name:
St. Bonaventure University
City:
St. Bonaventure
State:
NY
Distance:
2 miles
Students:
2,300
Healthcare
Allegany is served by Olean General Hospital nearby, providing general and emergency care, and the area has a solid ratio of physicians at 2.3 per 1,000 residents. With over 94% of residents covered by health insurance, quality healthcare services are accessible to most in the community.
Major Hospitals
Name:
Olean General Hospital
Address:
515 Main St, Olean, NY 14760
Phone:
(716) 373-2600
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
94.2%
Health Care Index:
76.0
Housing Market
What is the housing market like in Allegany, NY?
The housing market in Allegany is accessible, with a median home price of $148,000 and a high owner-occupancy rate of 64%. Home values have seen modest appreciation, and rental options are available with a healthy vacancy rate, supporting both buyers and renters looking for stability.
Median Home Price:
$148,000
Average Rent For 2 Bedroom:
$830
Owner Occupied Rate:
64.4%
Rental Vacancy Rate:
6.1%
Home Appreciation Rate (1yr):
3.2%
New Construction Rate:
0.5%
Foreclosure Rate:
0.7%
DMV Information
Residents can access DMV services through the New York State Department of Motor Vehicles office located in nearby Olean. The office provides standard licensing, registration, and vehicle services for Allegany and the surrounding area.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
1 Leo Moss Dr, Olean, NY 14760
Phone:
1-718-477-4820
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.