What percentage of people rent in Latham, NY?
37.6% (±5.0 points) of the occupied homes in Latham, NY are rented (2020–2024 American Community Survey).
That is 2,177 renting households against 3,616 that own their home.
Figures last updated on .
- Households that rent
- 37.6% (±5.0 points)
- Renting households
- 2,177 (±357)
- Median renter income
- $86,801 (±$19,285)
Who rents and who owns in Latham
| Latham | Albany County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 37.6% (±5.0 points) | 43.4% (±1.0 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 2,177 (±357) | 58,490 (±1,579) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 3,616 (±330) | 76,213 (±1,351) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 1.8 (±0.2) | 1.9 (±0.0) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.5 (±0.0) | 2.7 (±0.0) | 2.6 |
| 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 |
In Latham, the renter share is lower than in Albany County (43.4%).
It is also lower than in New York (45.7%).
It is not measurably different from the national figure (34.8%).
In Albany County, Latham ranks 2 of 4 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 61 of 414.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Households that rent in places near Latham
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Latham | — | 37.6% (±5.0 points) | — |
| Loudonville | 2.3 mi | 5.1% (±2.3 points) | Lower |
| Watervliet | 2.5 mi | 65.3% (±5.1 points) | Higher |
| Town of Green Island | 3.0 mi | 75.7% (±8.8 points) | Higher |
| Village of Green Island | 3.0 mi | 75.7% (±8.8 points) | Higher |
| Cohoes | 3.0 mi | 60.5% (±3.8 points) | Higher |
| Village of Menands | 3.7 mi | 68.7% (±7.0 points) | Higher |
| Troy | 3.8 mi | 62.6% (±2.3 points) | Higher |
| Roessleville | 3.9 mi | 29.3% (±5.7 points) | Lower |
Nearby places with a measurably lower figure: Loudonville, NY (5.1%), Roessleville, NY (29.3%).
Nearby places with a measurably higher figure: Watervliet, NY (65.3%), Town of Green Island, NY (75.7%), Village of Green Island, NY (75.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Albany County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Westmere | 47.8% (±6.2 points) |
| 2 | Latham | 37.6% (±5.0 points) |
| 3 | Roessleville | 29.3% (±5.7 points) |
| 4 | Loudonville | 5.1% (±2.3 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), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Latham
How many renters are there in Latham?
Latham has an estimated 2,177 (±357) renting households, 37.6% of its occupied homes (2020–2024 American Community Survey).
How big are renting households in Latham?
A renting household in Latham has 1.8 people on average, against 2.6 in an owned home.
How much do renters earn in Latham?
The median renting household in Latham, NY has an income of $86,801 (±$19,285) a year, against $128,500 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 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
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
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- Housing data for every place in New York