How many renters in Latham, NY pay more than 30% of their income on rent?
37.3% (±9.7 points) of renting households in Latham, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
31.2% spend 35% or more.
The median renting household spends 23.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 37.3% (±9.7 points)
- Paying 35% or more
- 31.2% (±9.2 points)
- Median share of income
- 23.9% (±5.4 points)
Rent as a share of income in Latham
| Share of income spent on rent | Latham | Albany County | New York | United States |
|---|---|---|---|---|
| Less than 15% | 26.5% (±11.8 points) | 13.5% | 14.0% | 12.6% |
| 15% to 19.9% | 15.2% (±7.5 points) | 15.3% | 11.7% | 12.2% |
| 20% to 24.9% | 10.5% (±7.7 points) | 12.3% | 11.5% | 12.6% |
| 25% to 29.9% | 10.5% (±6.4 points) | 12.1% | 10.7% | 11.5% |
| 30% to 34.9% | 6.1% (±3.1 points) | 9.6% | 9.0% | 9.2% |
| 35% or more | 31.2% (±9.2 points) | 37.2% | 43.1% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Latham against Albany County, its state and the nation
| Latham | Albany County | New York | United States | |
|---|---|---|---|---|
| Paying 30% or more | 37.3% (±9.7 points) | 46.8% (±2.5 points) | 52.1% (±0.4 points) | 51.1% |
| Paying 35% or more | 31.2% (±9.2 points) | 37.2% (±2.2 points) | 43.1% (±0.3 points) | 41.9% |
| Median share of income | 23.9% (±5.4 points) | 28.7% (±0.9 points) | 31.2% (±0.3 points) | 30.6% |
| Median renter household income | $86,801 (±$19,285) | $54,733 (±$2,138) | $57,803 (±$395) | $52,966 |
| Median gross rent | $1,472 (±$97) | $1,313 (±$26) | $1,621 (±$7) | $1,413 |
In Latham, the share of renters paying 30% or more of income is not measurably different from Albany County (46.8%).
It is also lower than in New York (52.1%).
It is lower than the national figure (51.1%).
In Albany County, Latham ranks 3 of 4 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 319 of 407.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Latham
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Latham | — | 37.3% (±9.7 points) | — |
| Loudonville | 2.3 mi | 50.3% (±36.0 points) | Not measurably different |
| Watervliet | 2.5 mi | 49.8% (±10.9 points) | Not measurably different |
| Town of Green Island | 3.0 mi | 46.2% (±14.4 points) | Not measurably different |
| Village of Green Island | 3.0 mi | 46.2% (±14.4 points) | Not measurably different |
| Cohoes | 3.0 mi | 48.6% (±9.9 points) | Not measurably different |
| Village of Menands | 3.7 mi | 34.7% (±16.8 points) | Not measurably different |
| Troy | 3.8 mi | 52.7% (±4.8 points) | Higher |
| Roessleville | 3.9 mi | 30.7% (±8.5 points) | Not measurably different |
Nearby places with a measurably higher figure: Troy, NY (52.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Albany County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Loudonville | 50.3% (±36.0 points) |
| 2 | Westmere | 41.7% (±12.1 points) |
| 3 | Latham | 37.3% (±9.7 points) |
| 4 | Roessleville | 30.7% (±8.5 points) |
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).
Margins of error are at the 90% confidence level.
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Questions about Latham
Are renters in Latham rent-burdened?
37.3% of renting households in Latham pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Latham spend on rent?
The median renting household in Latham, NY spends 23.9% (±5.4 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Latham CDP, New York
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Latham CDP, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Latham CDP, New York
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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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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