How many renters in the Town of Colonie, NY pay more than 30% of their income on rent?

39.7% (±5.3 points) of renting households in the Town of Colonie, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

30.0% spend 35% or more.

The median renting household spends 25.5% of its income on rent.

Figures last updated on .

Paying 30% or more
39.7% (±5.3 points)
Paying 35% or more
30.0% (±4.6 points)
Median share of income
25.5% (±2.1 points)

Rent as a share of income in the Town of Colonie

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentTown of ColonieAlbany CountyNew YorkUnited States
Less than 15%20.4% (±4.2 points)13.5%14.0%12.6%
15% to 19.9%15.7% (±3.4 points)15.3%11.7%12.2%
20% to 24.9%12.8% (±3.2 points)12.3%11.5%12.6%
25% to 29.9%11.3% (±2.8 points)12.1%10.7%11.5%
30% to 34.9%9.7% (±2.7 points)9.6%9.0%9.2%
35% or more30.0% (±4.6 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.

The Town of Colonie against Albany County, its state and the nation

Estimate (90% margin of error)
Town of ColonieAlbany CountyNew YorkUnited States
Paying 30% or more39.7% (±5.3 points)46.8% (±2.5 points)52.1% (±0.4 points)51.1%
Paying 35% or more30.0% (±4.6 points)37.2% (±2.2 points)43.1% (±0.3 points)41.9%
Median share of income25.5% (±2.1 points)28.7% (±0.9 points)31.2% (±0.3 points)30.6%
Median renter household income$73,482 (±$6,618)$54,733 (±$2,138)$57,803 (±$395)$52,966
Median gross rent$1,436 (±$46)$1,313 (±$26)$1,621 (±$7)$1,413

In the Town of Colonie, the share of renters paying 30% or more of income is lower than in 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, the Town of Colonie ranks 10 of 13 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 625 of 999.

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 the Town of Colonie

Nearest places with a published estimate, compared with the Town of Colonie
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Town of Colonie—39.7% (±5.3 points)—
Village of Colonie2.7 mi35.3% (±17.5 points)Not measurably different
Watervliet4.2 mi49.8% (±10.9 points)Not measurably different
Cohoes4.6 mi48.6% (±9.9 points)Not measurably different
Village of Menands4.6 mi34.7% (±16.8 points)Not measurably different
Town of Green Island4.8 mi46.2% (±14.4 points)Not measurably different
Village of Green Island4.8 mi46.2% (±14.4 points)Not measurably different
Albany5.2 mi51.4% (±3.9 points)Higher
Troy5.7 mi52.7% (±4.8 points)Higher

Nearby places with a measurably higher figure: Albany, NY (51.4%), 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

RankPlaceRenters paying 30% or more of income
4Watervliet49.8% (±10.9 points)
5Cohoes48.6% (±9.9 points)
6Town of Coeymans47.0% (±15.4 points)
7Town of Green Island46.2% (±14.4 points)
8Town of Bethlehem40.1% (±8.0 points)
9Town of New Scotland39.9% (±18.3 points)
10Town of Colonie39.7% (±5.3 points)
11Town of Guilderland39.6% (±6.1 points)
12Town of Westerlo17.9% (±49.0 points)
13Town of Rensselaerville14.7% (±63.0 points)

Showing 10 of 13 places in Albany County, ranked from highest to lowest.

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

The figures for the Town of Colonie include the places inside it that have pages of their own: Latham, Loudonville, Roessleville, Siena College.

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 Town of Colonie

Are renters in the Town of Colonie rent-burdened?

39.7% of renting households in the Town of Colonie 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 the Town of Colonie spend on rent?

The median renting household in the Town of Colonie, NY spends 25.5% (±2.1 points) of its household income on gross rent.

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 Colonie town, Albany County, New York (county subdivision:17343, in state:36 county:001).

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

The API needs a free key.

Request a Census API 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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