New Square is a somewhat small village located in the state of New York. With a population of 9,749 people and two associated neighborhoods, New Square is the 192nd largest community in New York. Much of the housing stock in New Square was built relatively recently. The construction of new real estate can often be taken as an indication that the local New Square economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in New Square, where the median household income is $27,488.00.
New Square home prices are not only among the most expensive in New York, but New Square real estate also consistently ranks among the most expensive in America.
Residents of the village have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 14.66 minutes getting to work every day.
New Square ranks among the bottom of the nation in terms of college education compared to other cities and towns: only 2.41% of people over 25 have a college degree.
The per capita income in New Square in 2022 was $10,232, which is low income relative to New York and the nation. This equates to an annual income of $40,928 for a family of four. However, New Square contains both very wealthy and poor people as well. New Square also has one of the higher rates of people living in poverty in the nation, with 64.18% of its population below the federal poverty line.
The people who call New Square home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Square residents report their race to be White, followed by Asian. Important ancestries of people in New Square include Hungarian, Polish, European, Romanian, and German.
The most common language spoken in New Square is German/Yiddish. Other important languages spoken here include English and Arabic.