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The total population of Newfane is estimated to be 135 with 66 males (48.89%) and 69 females (51.11%). There are 3 more females than males in Newfane.
The median household income in Newfane was $62,828 in 2021, which marked an a decrease of 40,099(38.96%) from $102,927 in 2020. This income is 84.21% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Newfane sees its highest median household income among householders in the age group of 45 to 64 years old, at $141,870. Overall, the median household income for the village of Newfane stands at $62,828.
In Newfane, while the Census reported a median income of $46,089 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,156 for males and $75,754 for females.
In Newfane, population is primarily represented by White households, reporting a median income of $62,828.
In 2022, the population of Newfane was 93, a 1.06% decrease year-by-year from 2021. Previously, in 2021, Newfane's population was 94, an increase of 1.08% compared to a population of 93 in 2020.
The median age in Newfane, VT is 35.3, as per 2021 ACS 5-Year Estimates. Of the total population, 6.87% were under the age of 15, 35.88% aged 15 to 29, 40.46% aged 30 to 64, 13.74% aged 65 to 84, and 3.05% were 85 years of age and older.
Racial distribution of Newfane population: 100% are White.