Allegany is located in Cattaraugus county New york with a geographic area of 0.8 square miles. The total population in Allegany is 1,981 with 53.7% male and 46.3% female. Children under age 5 represent 4.5% of the population, under age 18 equal 22.4% of the population and over age 65 is 15.9% of the population. The median household income is $59,313, per capita income is $32,926. There are a total of 817 housing units with 63.4% owner occupied. Education includes 13.8% of residents that are high school graduates and 41.5% with a bachelor's degree or higher. The average temperature in Allegany in the summer is 70 degrees, and in the winter 27 degrees.