What percentage of people rent in the Town of Bombay, NY?
45.1% (±9.7 points) of the occupied homes in the Town of Bombay, NY are rented (2020–2024 American Community Survey).
That is 235 renting households against 286 that own their home.
In the Town of Bombay, the share of households that rent went from 26.2% in 2015–2019 to 45.1% in 2020–2024 (+18.9 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 45.1% (±9.7 points)
- Renting households
- 235 (±81)
- Median renter income
- $22,989 (±$7,056)
Who rents and who owns in the Town of Bombay
| Town of Bombay | Franklin County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 45.1% (±9.7 points) | 27.5% (±2.1 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 235 (±81) | 5,363 (±448) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 286 (±51) | 14,151 (±423) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 1.8 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.4) | 2.3 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $22,989 (±$7,056) | $38,729 (±$4,087) | $57,803 (±$395) | $52,966 |
| Median owner household income | $55,625 (±$22,753) | $76,481 (±$3,827) | $114,563 (±$568) | $100,009 |
In the Town of Bombay, the renter share is higher than in Franklin County (27.5%).
It is not measurably different from New York (45.7%).
It is higher than the national figure (34.8%).
In Franklin County, the Town of Bombay ranks 1 of 20 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 59 of 1,004.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in the Town of Bombay has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 26.2% (±8.4 points) | 45.1% (±9.7 points) | +18.9 percentage points | Measurable increase |
| Median gross rent | $608 (±$147) | $777 (±$13) | +27.8% | No measurable change after inflation |
| Median household income | $45,833 (±$12,037) | $29,805 (±$20,742) | −35.0% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near the Town of Bombay
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Town of Bombay | — | 45.1% (±9.7 points) | — |
| Town of Fort Covington | 5.4 mi | 13.9% (±4.9 points) | Lower |
| St. Regis Mohawk Reservation | 5.6 mi | 32.8% (±10.8 points) | Not measurably different |
| Town of Moira | 5.6 mi | 30.4% (±9.3 points) | Lower |
| Akwesasne | 5.7 mi | 31.8% (±9.9 points) | Not measurably different |
| Fort Covington (community) | 6.2 mi | 12.6% (±5.0 points) | Lower |
| Village of Brushton | 6.5 mi | 43.1% (±19.1 points) | Not measurably different |
| Town of Brasher | 7.0 mi | 24.6% (±8.5 points) | Lower |
| Town of Bangor | 9.0 mi | 10.7% (±5.7 points) | Lower |
Nearby places with a measurably lower figure: Town of Fort Covington, NY (13.9%), Town of Moira, NY (30.4%), Fort Covington (community), NY (12.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Franklin County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Town of Bombay | 45.1% (±9.7 points) |
| 2 | Town of Harrietstown | 41.5% (±6.6 points) |
| 3 | Town of Malone | 35.8% (±5.0 points) |
| 4 | St. Regis Mohawk Reservation | 32.8% (±10.8 points) |
| 5 | Town of Moira | 30.4% (±9.3 points) |
| 6 | Town of Brighton (Franklin County) | 29.5% (±11.7 points) |
| 7 | Town of Tupper Lake | 28.4% (±6.6 points) |
Showing 7 of 20 places in Franklin County, ranked from highest to lowest.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Bombay include them.
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 Town of Bombay
How many renters are there in the Town of Bombay?
The Town of Bombay has an estimated 235 (±81) renting households, 45.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Town of Bombay?
In the Town of Bombay, the share of households that rent went from 26.2% in 2015–2019 to 45.1% in 2020–2024 (+18.9 percentage points), a measurable increase.
How big are renting households in the Town of Bombay?
A renting household in the Town of Bombay has 1.9 people on average, against 2.3 in an owned home.
How much do renters earn in the Town of Bombay?
The median renting household in the Town of Bombay, NY has an income of $22,989 (±$7,056) a year, against $55,625 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bombay town, Franklin County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bombay town, Franklin County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bombay town, Franklin County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bombay town, Franklin County, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bombay town, Franklin County, 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 Bombay town, Franklin County, New York (county subdivision:07278, in state:36 county:033).
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
- Housing in the Town of Bombay at a glance
- Median rent in the Town of Bombay
- Rent by bedrooms in the Town of Bombay
- Rent burden in the Town of Bombay
- Home values in the Town of Bombay
- Homeowner costs in the Town of Bombay
- Property taxes in the Town of Bombay
- Types of homes in the Town of Bombay
- Bedrooms in the Town of Bombay
- Age of homes in the Town of Bombay
- Heating fuel in the Town of Bombay
- Commute and cars in the Town of Bombay
- Population growth in the Town of Bombay
- How long people stay in the Town of Bombay
- New York landlord and tenant rules
- Housing across Franklin County
- New York places ranked by share of renters
- Housing data for every place in New York