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The total population of Phelps is estimated to be 2,212 with 1,099 males (49.68%) and 1,113 females (50.32%). There are 14 more females than males in Phelps.
The median household income in Phelps was $63,391 in 2021, which marked an an increase of 3,442(5.74%) from $59,949 in 2020. This income is 84.97% 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, Phelps sees its highest median household income among householders in the age group of 45 to 64 years old, at $72,421. Overall, the median household income for the village of Phelps stands at $63,391.
In Phelps, the median income for all workers aged 15 years and older, regardless of work hours, was $54,421 for males and $31,151 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,596 for males and $43,605 for females.
In Phelps, population is primarily represented by White households, reporting a median income of $63,166.
In 2022, the population of Phelps was 1,869, a 0.37% decrease year-by-year from 2021. Previously, in 2021, Phelps's population was 1,876, an increase of 0.32% compared to a population of 1,870 in 2020.
The median age in Phelps, NY is 38.2, as per 2021 ACS 5-Year Estimates. Of the total population, 25.52% were under the age of 15, 12.88% aged 15 to 29, 45.65% aged 30 to 64, 13.46% aged 65 to 84, and 2.50% were 85 years of age and older.
Racial distribution of Phelps population: 93.85% are White, 0.14% are Black or African American, 0.53% are some other race and 5.48% are multiracial.