Richfield Springs

Population: 1,096
Median household income: $55,417
Median home value: $132,500

Located in Otsego County, New York, Richfield Springs is a community with a population of 1,096. Its median household income of $55,417 runs below the Otsego County figure of $67,086.

From 2019 to 2023, Richfield Springs's population grew 7.9% from 1,016 to 1,096, while its median home value rose 22.6% from $108,100 to $132,500.

White (non-Hispanic) residents are the largest group, 88.9% of the population. 73.5% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 1,096
Median age: 33.8 yrs
Median household income: $55,417
Median home value: $132,500
Median gross rent: $759
Housing units: 483
Homeownership rate: 69.9%
Bachelor's degree or higher: 23.4%
Unemployment rate: 1.2%

Trends

ACS 5-year · 2019–2023

Population

1,0161,096

Median household income

$40,764$55,417

Median home value

$108,100$132,500

Median gross rent

$670$759

Year	Population	Median household income	Median home value	Median gross rent
2019	1,016	$40,764	$108,100	$670
2020	1,136	$39,300	$106,800	$636
2021	1,256	$50,655	$99,900	$672
2022	1,240	$54,643	$118,200	$726
2023	1,096	$55,417	$132,500	$759

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.0%

5 to 1722.8%

18 to 2416.7%

25 to 349.8%

35 to 4412.2%

45 to 546.5%

55 to 649.6%

65 to 7410.8%

75 and over9.7%

	Count	Share
Under 5	22	2.0%
5 to 17	250	22.8%
18 to 24	183	16.7%
25 to 34	107	9.8%
35 to 44	134	12.2%
45 to 54	71	6.5%
55 to 64	105	9.6%
65 to 74	118	10.8%
75 and over	106	9.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	974	88.9%
Black or African American	11	1.0%
American Indian & Alaska Native	0	0.0%
Asian	9	0.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	55	5.0%
Hispanic or Latino (any race)	47	4.3%

Educational attainment (age 25+)

No high school diploma13.3%

High school graduate30.0%

Some college or associate's33.4%

Bachelor's degree17.5%

Graduate or professional degree5.9%

	Count	Share
No high school diploma	85	13.3%
High school graduate	192	30.0%
Some college or associate's	214	33.4%
Bachelor's degree	112	17.5%
Graduate or professional degree	38	5.9%

Commute to work

Mean travel time to work: 32 min

Drove alone73.5%

Carpooled10.0%

Public transit0.0%

Walked7.0%

Bicycle0.0%

Worked from home5.8%

Other means3.6%

How workers get to work

	Count	Share
Drove alone	367	73.5%
Carpooled	50	10.0%
Public transit	0	0.0%
Walked	35	7.0%
Bicycle	0	0.0%
Worked from home	29	5.8%
Other means	18	3.6%

Travel time

	Count	Share
Under 15 min	113	24.0%
15 to 29 min	169	36.0%
30 to 44 min	89	18.9%
45 to 59 min	37	7.9%
60+ min	62	13.2%

Households

Average household size: 2.95
Poverty rate: 29.4% (322 of 1,096)

	Count	Share
Family households	225	61.6%
Nonfamily households	140	38.4%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	365	75.6%
Vacant	118	24.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	255	69.9%
Renter-occupied	110	30.1%

1-unit, detached68.7%

1-unit, attached0.0%

2 to 4 units20.1%

5 to 19 units6.4%

20 or more units0.0%

Mobile home & other4.8%

Units in structure

	Count	Share
1-unit, detached	332	68.7%
1-unit, attached	0	0.0%
2 to 4 units	97	20.1%
5 to 19 units	31	6.4%
20 or more units	0	0.0%
Mobile home & other	23	4.8%

Geography

Place GEOID: 3661489
Type (LSAD): 47
Land area: 1.01 sq mi
Water area: 0 sq mi
Center point: 42.8537, -74.9862