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Population & People
Population
5,288
Median age
42.7
Median household income
$101,667
Poverty rate
8.5%
Unemployment rate
1.8%
Bachelor's degree+
45.8%
Avg. commute
20 min
Hispanic or Latino
4.0%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$308,200
Median gross rent
$1,122/mo
Homeownership rate
65.52%
HUD FMR — 2 bedroom
$1,579
HUD Fair Market Rent (New York statewide average across 62 areas — not specific to Ballston Spa), 2026. Efficiency $1215, 1BR $1315, 2BR $1579, 3BR $1976, 4BR $2193. This is a different official figure from Census median gross rent above.
Energy
New York gasoline midgrade
$4.63
New York commercial electricity
21.07¢/kWh
New York industrial electricity
9.55¢/kWh
New York residential electricity
26.39¢/kWh
Economy
Gross Domestic Product: All Industry Total
2467674
Real Gross Domestic Product: All Industry Total
1894269.6
All-Transactions House Price Index for New York
1184.26
Unemployment Rate
4.4%
Source: FRED, New York-specific series.