What is the median household income in Latham, NY?

The median household income in Latham, NY is $104,899 (±$10,530) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,472 a month would take about $58,900 a year at the common guideline of spending no more than 30% of income on rent.

Figures last updated on .

Median household income
$104,899 (±$10,530)
Median renter income
$86,801 (±$19,285)
Income to afford median rent
about $58,900

Income in Latham against Albany County, its state and the nation

Income, estimate (90% margin of error)
LathamAlbany CountyNew YorkUnited States
Median household income$104,899 (±$10,530)$85,333 (±$2,280)$85,974 (±$402)$80,734
Median renter household income$86,801 (±$19,285)$54,733 (±$2,138)$57,803 (±$395)$52,966
Median owner household income$128,500 (±$15,113)$119,359 (±$3,022)$114,563 (±$568)$100,009
Median gross rent$1,472 (±$97)$1,313 (±$26)$1,621 (±$7)$1,413

In Latham, median household income is higher than in Albany County ($85,333).

It is also higher than in New York ($85,974).

It is higher than the national figure ($80,734).

In Albany County, Latham ranks 2 of 4 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 243 of 407.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Latham

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,472 a month ($17,664 a year) needs an income of about $58,900 a year.

The median renting household in Latham earns $86,801 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Median household income in places near Latham

Nearest places with a published estimate, compared with Latham
PlaceDistanceMedian household incomeCompared with this place
Latham—$104,899 (±$10,530)—
Loudonville2.3 mi$142,829 (±$22,707)Higher
Watervliet2.5 mi$57,919 (±$5,006)Lower
Town of Green Island3.0 mi$59,406 (±$21,753)Lower
Village of Green Island3.0 mi$59,406 (±$21,753)Lower
Cohoes3.0 mi$61,145 (±$5,893)Lower
Village of Menands3.7 mi$80,583 (±$11,038)Lower
Troy3.8 mi$58,477 (±$4,778)Lower
Roessleville3.9 mi$96,058 (±$4,489)Not measurably different

Nearby places with a measurably lower figure: Watervliet, NY ($57,919), Town of Green Island, NY ($59,406), Village of Green Island, NY ($59,406).

Nearby places with a measurably higher figure: Loudonville, NY ($142,829).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Albany County, place by place

RankPlaceMedian household income
1Loudonville$142,829 (±$22,707)
2Latham$104,899 (±$10,530)
3Roessleville$96,058 (±$4,489)
4Westmere$88,378 (±$11,148)

Latham is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside the Town of Colonie, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Latham

What is the median household income in Latham?

The median household income in Latham is $104,899 (±$10,530) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Latham?

About $58,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,472 a month.

What do renters earn in Latham?

The median renting household in Latham, NY earns $86,801 (±$19,285) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Latham CDP, New York (place:41399, in state:36).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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