ZIP Code 14802 -- Alfred, NY
Allegany | 2024 American Community Survey Data
Key Insights
- The median income here is 50% below the national median, indicating significant economic challenges.
- With 70.96% holding a bachelor's degree or higher, this is one of the most highly educated ZIP codes in the country (national average: 33.7%).
- With a median age of 20.20, this is a very young community — likely home to a university campus or young professional hub.
Quick Overview
About ZIP Code 14802
ZIP code 14802 in Alfred, New York is a unknown area with a population of 4,814. The median household income is $40,489, which is This is 46% below the national median of $75,000.. The median home value is $170,800, representing a price-to-income ratio of 4.2x . The cost of living is significantly below average with an index of 66.4 (the national average is 100). Residents have a median age of 20.20 years. Approximately 71.0% of adults hold a bachelor's degree or higher. This ZIP code is located in Allegany, NY.
Population & Age
Age Distribution
Race & Ethnicity
Racial Composition
Income & Economy
This is 46% below the national median of $75,000.
Income Distribution
Housing
Moderately affordable
Ownership vs Rental
Education
Employment & Commuting
How People Get to Work
Cost of Living Index
The cost of living in ZIP code 14802 is 33.6% below the national average of 100.
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Other ZIP Codes in Allegany
Frequently Asked Questions about ZIP Code 14802
ZIP code 14802 (Alfred, NY) has a total population of 4,814 according to the 2024 American Community Survey. The median age is 20.20 years.
The median household income in ZIP code 14802 is $40,489 per year, based on 2024 Census Bureau data. This is 46% below the national median of $75,000.
ZIP code 14802 is primarily located in Alfred, New York (NY). It falls within Allegany County.
The median home value in ZIP code 14802 is $170,800, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $895.
The median age in ZIP code 14802 is 20.20 years, compared to the national median of 38.9 years. This makes the area younger than the national average.
ZIP code 14802 has a cost of living index of 66.43 (national average = 100). This means the cost of living is significantly below average compared to the national average.
In ZIP code 14802, 70.96% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 47.47% hold a graduate or professional degree.
The unemployment rate in ZIP code 14802 is 16.46%, which is above the national average of 3.6%. About 16.00% of workers work from home.
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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.