Comeback TownsNY

All towns › Mohawk Valley › Herkimer County

Herkimer, NY village

Population 7,254 (2024) · -0.5% since 2020 · graded against towns 5,000 and over

GEOID 3634121 · 43.028, -74.993

Readiness · are the ingredients there?coverage 100%
C
61.5 / 100
rank within the 5,000 and over band

Ranks 20 of 68 among towns 5,000 and over. Strongest in civic capacity and building stock; weakest in services.

Momentum · is anything happening?3 of 4 inputs
▶ STEADY 53
53.3 / 100
50 is keeping pace · rising at 60

Keeping pace with the benchmarks; prices not scored.

Median home value $133,200 ACS 5-year 2020-2024 · metro $172,900
Median gross rent $821 ACS 5-year 2020-2024 · Zillow: not covered
Drive to New York City 4 h 32 min OSRM over OpenStreetMap 2026-09 · nearest hub 24 min
Main street businesses 62 OpenStreetMap 2026-10 · 8.5 per 1,000
Housing units permitted 12 Building Permits Survey 2025 · 0.6 per 1,000 a year, 3-yr mean

Is Herkimer, NY a good place to live or invest in?

Herkimer is a village in Herkimer County, in New York's Mohawk Valley, with 7,254 residents in 2024, -0.5% since 2020. On Comeback Towns it scores 61.5 of 100 for readiness, grade C (rank 20 of 68 among towns 5,000 and over), and 53.3 of 100 for momentum, labelled steady. Strongest in civic capacity and building stock; weakest in services. Momentum: keeping pace with the benchmarks; prices not scored. The median home was worth $133,200 (2020-2024, 77% of the metro median), and it is 4 h 32 min by road from New York City, 12.7 mi from the nearest Amtrak or Metro-North station. The state has backed its downtown with one Downtown Revitalization Initiative or NY Forward award, the latest $10,000,000.

Written from the figures below, not by hand. Comeback Towns sells nothing and takes no listings; a grade ranks a town against others of its size, and a momentum label is direction, not a forecast. None of it is financial, investment or relocation advice, and none of it measures crime or safety: check the cited source before acting on a figure. How the scores work · what this site is not.

Key facts, each with its period and source

Median home value
$133,2002020-2024 · ACS 5-year
Metro median home value
$172,9002020-2024 · ACS 5-year
Median gross rent
$8212020-2024 · ACS 5-year
Median household income
$48,5292020-2024 · ACS 5-year
Poverty rate
26.4%2020-2024 · ACS 5-year
Homes built before 1940
52.7%2020-2024 · ACS 5-year
National Register historic districts
12026 · National Register
Drive to New York City
4 h 32 min2026-09 · OSRM over OpenStreetMap
Drive to the nearest regional hub
24 min2026-09 · OSRM over OpenStreetMap
Nearest Amtrak or Metro-North station
12.7 mi2026 · Amtrak · MTA
Drive to the nearest hospital
26 min2026-09 · OSRM over OpenStreetMap
Households with a wired broadband subscription
73.4%2020-2024 · ACS 5-year
Residents under 18
14.6%2020-2024 · ACS 5-year
Storefront businesses mapped
622026-10 · OpenStreetMap
Businesses per 1,000 residents
8.5 per 1,0002026-10 · OpenStreetMap
Housing units permitted
122025 · Building Permits Survey
Permits per 1,000 residents, 3-year mean
0.6 per 1,0002023-2025 · Building Permits Survey
Downtown Revitalization Initiative and NY Forward awards
12016-2025 · DRI · NY Forward
Latest state downtown award
$10,000,0002016-2025 · DRI · NY Forward
County net migration of tax filers, per 1,000
-1.3 per 1,0002022-2023 · IRS Statistics of Income

Readiness: six factors

mean of usable inputs · weighted sum · every curve
Access 25% 50 NYC 4 h 32 min · hub 24 min · rail 12.7 mi

How easy it is to reach the city, a regional hub and a train.

InputValueNormalisedPointsPeriod · source
Drive to New York City
drive_min_nyc: lower is better; scores 1 at 60 min or less, falling in a straight line to 0 at 240 min.
4 h 32 min 0.00 0.0 2026-09 · osrm
Drive to nearest regional hub
drive_min_regional_hub: lower is better; scores 1 at 15 min or less, falling in a straight line to 0 at 90 min.
24 min 0.88 7.3 2026-09 · osrm
Nearest rail station
miles_to_rail_station: lower is better; scores 1 at 2 mi or less, falling in a straight line to 0 at 30 mi.
12.7 mi 0.62 5.1 2026 · rail
Building stock 15% 93 pre-1940 52.7% · historic district: yes

Whether there is a pre-war fabric worth restoring.

InputValueNormalisedPointsPeriod · source
Homes built before 1940
pre1940_share: higher is better; scores 1 at 0.6 or more, falling in a straight line to 0 at 0.1.
52.7% 0.85 6.4 2020-2024 · acs
Historic district present
has_nrhp_district: 1 when a National Register historic district lies within the place, otherwise 0.
Yes 1.00 7.5 2026 · nrhp
Main street 15% 36 businesses 8.5 per 1,000

How much storefront activity already exists per resident.

InputValueNormalisedPointsPeriod · source
Businesses per 1,000 residents
osm_business_per_1k: higher is better; scores 1 at 20 per 1,000 or more, falling in a straight line to 0 at 2 per 1,000.
8.5 per 1,000 0.36 5.5 2026-10 · osm
Price headroom 15% 72 price 77% of metro

Whether prices leave room to rise without having already been found.

InputValueNormalisedPointsPeriod · source
Median home value
median_home_value divided by metro_median_home_value. price ratio to the metro median: cheapest is not best: a town priced well below its metro has headroom, one priced far below it has no demand yet, and one at or above it has already been found; scores 1 at 0.6, and 0 at or below 0.25 and at or above 1.2, with straight lines between.
$133,200 0.72 10.7 2020-2024 · acs
Metro median home value $172,900 benchmark — 2020-2024 · acs
Services 15% 26 broadband 73.4% · under 18 14.6% · hospital within 20 min: no

Broadband, the share of residents under 18, and a hospital within reach.

InputValueNormalisedPointsPeriod · source
Broadband subscription
broadband_subscription_share: higher is better; scores 1 at 0.9 or more, falling in a straight line to 0 at 0.5.
73.4% 0.58 2.9 2020-2024 · acs
Share under 18
under_18_share: higher is better; scores 1 at 0.25 or more, falling in a straight line to 0 at 0.12.
14.6% 0.20 1.0 2020-2024 · acs
Hospital within 20 minutes
hospital_within_20min: 1 when a hospital is within a 20-minute drive, otherwise 0.
No 0.00 0.0 2026-09 · osrm
Civic capacity 15% 100 award $10,000,000 · awarded 2023

Whether the state has backed the downtown with a revitalization award.

InputValueNormalisedPointsPeriod · source
Latest downtown award
dri_award_amount: higher is better; scores 1 at 1e+07 USD or more, falling in a straight line to 0 at 0 USD.
$10,000,000 1.00 7.5 2016-2025 · dri
Latest award year
dri_award_year: 1 when the award is at most 3 years old, fading in a straight line to 0.3 at 10 years and staying there.
2023 1.00 7.5 2016-2025 · dri

Momentum: against a benchmark

v2 · how
Prices 35% n/a no usable inputs

Whether home values rose faster over the past year than in the typical New York place.

InputValueNormalisedPointsPeriod · source
Home value change, one year
zhvi_change_1y minus zhvi_change_1y_ny_median. one-year home value change against the typical New York place: higher is better; scores 1 at 5 percentage points or more, falling in a straight line to 0 at -5 percentage points.
not available — —
Typical NY place home value change not available benchmark —
Building 25% 47 permit rate -0.1 per 1,000

Whether more homes are being permitted than two years ago, per resident.

InputValueNormalisedPointsPeriod · source
Change in permit rate
permit_rate_change: higher is better; scores 1 at 2 units per 1,000 residents a year or more, falling in a straight line to 0 at -2 units per 1,000 residents a year.
-0.1 per 1,000 0.47 11.6 2021-2023 to 2023-2025 · permits
People 40% 57 population -0.5% vs NY -1% · county filers -1.3 per 1,000 vs NY -1.9 per 1,000

Whether the population has held up better since 2020 than in the typical New York place, and whether the county gains tax filers faster than the typical New York county.

InputValueNormalisedPointsPeriod · source
Population change since 2020
population_change minus population_change_ny_median. population change since 2020 against the typical New York place: higher is better; scores 1 at 3 percentage points or more, falling in a straight line to 0 at -3 percentage points.
-0.5% 0.59 11.7 2020-2024 · popest
Typical NY place population change -1% benchmark — 2020-2024 · popest
County net migration of tax filers
county_net_migration_rate minus county_net_migration_rate_ny_median. county net migration of tax filers against the typical New York county: higher is better; scores 1 at 5 per 1,000 filers or more, falling in a straight line to 0 at -5 per 1,000 filers.
-1.3 per 1,000 0.56 11.3 2022-2023 · irs
Typical NY county net migration -1.9 per 1,000 benchmark — 2022-2023 · irs

NOTEMomentum is renormalised over the factors that have data, so this score rests on fewer than all of them. Coverage is shown wherever the score is.

More figures

Median household income $48,529 ACS 5-year 2020-2024
Vacant housing share not available at this sample size ACS 5-year 2020-2024
Poverty rate 26.4% ACS 5-year 2020-2024
Homes built before 1940 52.7% ACS 5-year 2020-2024
Broadband subscription 73.4% ACS 5-year 2020-2024
Share under 18 14.6% ACS 5-year 2020-2024
Historic districts 1 National Register 2026
Drive to nearest hospital 26 min OSRM over OpenStreetMap 2026-09
Nearest rail station 12.7 mi Amtrak · MTA 2026
Population change since 2020 -0.5% Census Population Estimates 2020-2024
Units permitted per 1,000 residents 0.6 per 1,000 Building Permits Survey 2023-2025
Change in permit rate -0.1 per 1,000 Building Permits Survey 2021-2023 to 2023-2025
County tax-filer inflow 2,002 IRS Statistics of Income 2022-2023
County tax-filer outflow 2,065 IRS Statistics of Income 2022-2023
State downtown awards 1 DRI · NY Forward 2016-2025

Peers: Mohawk Valley towns 5,000 and over

Compare with the two nearest →
#TownPop.GradeReadinessMomentumHome valueTo NYC
1 Gloversville Fulton 14,894 B 67.6 ▶ STEADY 60 $106,400 4 h 2 min
2 Herkimer Herkimer · this town 7,254 C 61.5 ▶ STEADY 53 $133,200 4 h 32 min
3 Amsterdam Montgomery 18,169 C 61.3 ▶ STEADY 45 $137,900 3 h 40 min
4 Rome Oneida 31,990 C 59.5 ▶ STEADY 54 $154,400 5 h 10 min
5 Johnstown Fulton 8,027 D 48.8 ▶ STEADY 46 $157,800 3 h 57 min

Other places in Herkimer County

Ilion, NYLittle Falls, NYMohawk, NYFrankfort, NYDolgeville, NY

All of Herkimer County: towns ranked by readiness · all Mohawk Valley towns.

Sources for this page

the key is the exact snapshot in our archive
SourcePeriodPulledFiguresSnapshot
American Community Survey 5-year estimates2020-20242026-09-18Homes built before 1940raw/acs/2026-09-18/acs5_2024_B25034_place.json
American Community Survey 5-year estimates2020-20242026-09-18Metro median home valueraw/acs/2026-09-18/acs5_2024_B25077_cbsa.json
American Community Survey 5-year estimates2020-20242026-09-18Median home valueraw/acs/2026-09-18/acs5_2024_B25077_place.json
American Community Survey 5-year estimates2020-20242026-09-18Broadband subscriptionraw/acs/2026-09-18/acs5_2024_B28002_place.json
American Community Survey 5-year estimates2020-20242026-09-18Share under 18raw/acs/2026-09-18/acs5_2024_B09001_place.json
American Community Survey 5-year estimates2020-20242026-09-18Median gross rentraw/acs/2026-09-18/acs5_2024_B25064_place.json
American Community Survey 5-year estimates2020-20242026-09-18Median household incomeraw/acs/2026-09-18/acs5_2024_B19013_place.json
American Community Survey 5-year estimates2020-20242026-09-18Vacant housing shareraw/acs/2026-09-18/acs5_2024_B25002_place.json
American Community Survey 5-year estimates2020-20242026-09-18Poverty rateraw/acs/2026-09-18/acs5_2024_B17001_place.json
Building Permits Survey, place-level annual (Northeast region)2021-2023 to 2023-20252026-09-18Change in permit rate, Housing units permitted, Units permitted per 1,000 residentsraw/permits/2026-09-18/ne2025a.txt
Downtown Revitalization Initiative and NY Forward awards2016-20252026-09-18Latest downtown award, Latest award year, State downtown awardsraw/dri/2026-09-18/dri_downtown-revitalization-initiative-round-seven.html
National Register of Historic Places, spatial data20262026-09-18Historic district present, Historic districtsraw/nrhp/2026-09-18/ny_districts_polygons.json
OpenStreetMap via Overpass API2026-102026-10-05Businesses per 1,000 residents, Main street businessesraw/osm/2026-10-05/3634121.json
OSRM routing (public demo server)2026-092026-09-18Drive to New York City, Drive to nearest regional hub, Hospital within 20 minutes, Drive to nearest hospitalraw/osrm/2026-09-18/3634121.json
Population Estimates, sub-county (cities and towns)2020-20242026-10-05Typical NY place population change, Population change since 2020raw/popest/2026-10-05/sub-est2024.csv
Rail stations (Amtrak and Metro-North)20262026-09-18Nearest rail stationraw/rail/2026-09-18/amtrak_stations.json
SOI Tax Stats, county-to-county migration data2022-20232026-09-19Typical NY county net migration, County net migration of tax filers, County tax-filer inflowraw/irs/2026-09-19/countyinflow2223.csv
SOI Tax Stats, county-to-county migration data2022-20232026-09-19County tax-filer outflowraw/irs/2026-09-19/countyoutflow2223.csv

Readiness computed 2026-10-05 with methodology v1; momentum computed 2026-10-05 with momentum methodology v2. Something wrong? Send a correction.