What is the median household income in the Town of Colchester, NY?

The median household income in the Town of Colchester, NY is $67,222 (±$14,724) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,155 a month would take about $46,200 a year at the common guideline of spending no more than 30% of income on rent.

In the Town of Colchester, the median household income went from $51,912 in 2015–2019 to $67,222 in 2020–2024 (+29.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median household income
$67,222 (±$14,724)
Median renter income
$47,750 (±$43,052)
Income to afford median rent
about $46,200

Income in the Town of Colchester against Delaware County, its state and the nation

Income, estimate (90% margin of error)
Town of ColchesterDelaware CountyNew YorkUnited States
Median household income$67,222 (±$14,724)$63,337 (±$3,063)$85,974 (±$402)$80,734
Median renter household income$47,750 (±$43,052)$35,756 (±$4,739)$57,803 (±$395)$52,966
Median owner household income$75,400 (±$10,440)$73,575 (±$4,786)$114,563 (±$568)$100,009
Median gross rent$1,155 (±$332)$880 (±$45)$1,621 (±$7)$1,413

In the Town of Colchester, median household income is not measurably different from Delaware County ($63,337).

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

It is not measurably different from the national figure ($80,734).

In Delaware County, the Town of Colchester ranks 7 of 19 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 689 of 999.

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 the Town of Colchester

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 $1,155 a month ($13,860 a year) needs an income of about $46,200 a year.

The median renting household in the Town of Colchester earns $47,750 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.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$51,912 (±$9,478)$67,222 (±$14,724)+29.5%No measurable change after inflation
Median gross rent$682 (±$41)$1,155 (±$332)+69.4%No measurable change after inflation
Median home value$119,900 (±$11,268)$240,500 (±$80,221)+100.6%Up 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.

Median household income in places near the Town of Colchester

Nearest places with a published estimate, compared with the Town of Colchester
PlaceDistanceMedian household incomeCompared with this place
Town of Colchester—$67,222 (±$14,724)—
Town of Rockland10.0 mi$52,778 (±$11,596)Not measurably different
Town of Andes11 mi$75,000 (±$28,915)Not measurably different
Town of Hamden11 mi$64,457 (±$14,117)Not measurably different
Town of Fremont (Sullivan County)12 mi$67,115 (±$24,628)Not measurably different
Village of Walton13 mi$34,676 (±$7,492)Lower
Town of Walton13 mi$49,183 (±$15,314)Not measurably different
Town of Hancock13 mi$62,243 (±$11,429)Not measurably different
Town of Callicoon14 mi$92,833 (±$11,823)Higher

Nearby places with a measurably lower figure: Village of Walton, NY ($34,676).

Nearby places with a measurably higher figure: Town of Callicoon, NY ($92,833).

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

Median household income across Delaware County, place by place

RankPlaceMedian household income
1Town of Meredith$85,938 (±$16,261)
2Town of Bovina$83,083 (±$7,784)
3Town of Kortright$80,729 (±$22,121)
4Town of Davenport$79,539 (±$20,230)
5Town of Middletown$78,021 (±$7,449)
6Town of Andes$75,000 (±$28,915)
7Town of Colchester$67,222 (±$14,724)
8Town of Hamden$64,457 (±$14,117)
9Town of Franklin (Delaware County)$64,323 (±$5,929)
10Town of Delhi$63,043 (±$6,131)
11Town of Hancock$62,243 (±$11,429)
12Town of Stamford$62,083 (±$13,614)
13Town of Tompkins$61,103 (±$27,391)

Showing 13 of 19 places in Delaware County, ranked from highest to lowest.

A New York town includes the villages and hamlets inside it, so the figures for the Town of Colchester 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.

What you can do on Seayora in Town of Colchester

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Town of Colchester beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Town of Colchester, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Town of Colchester, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Town of Colchester

What is the median household income in the Town of Colchester?

The median household income in the Town of Colchester is $67,222 (±$14,724) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in the Town of Colchester?

About $46,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,155 a month.

Have incomes in the Town of Colchester kept up with inflation?

In the Town of Colchester, the median household income went from $51,912 in 2015–2019 to $67,222 in 2020–2024 (+29.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in the Town of Colchester?

The median renting household in the Town of Colchester, NY earns $47,750 (±$43,052) 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 Colchester town, Delaware County, New York (county subdivision:16793, in state:36 county:025).

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 .

Related