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
| Share of income spent on rent | Town of Colonie | Albany County | New York | United 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 more | 30.0% (±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
| Town of Colonie | Albany County | New York | United States | |
|---|---|---|---|---|
| Paying 30% or more | 39.7% (±5.3 points) | 46.8% (±2.5 points) | 52.1% (±0.4 points) | 51.1% |
| Paying 35% or more | 30.0% (±4.6 points) | 37.2% (±2.2 points) | 43.1% (±0.3 points) | 41.9% |
| Median share of income | 25.5% (±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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Town of Colonie | — | 39.7% (±5.3 points) | — |
| Village of Colonie | 2.7 mi | 35.3% (±17.5 points) | Not measurably different |
| Watervliet | 4.2 mi | 49.8% (±10.9 points) | Not measurably different |
| Cohoes | 4.6 mi | 48.6% (±9.9 points) | Not measurably different |
| Village of Menands | 4.6 mi | 34.7% (±16.8 points) | Not measurably different |
| Town of Green Island | 4.8 mi | 46.2% (±14.4 points) | Not measurably different |
| Village of Green Island | 4.8 mi | 46.2% (±14.4 points) | Not measurably different |
| Albany | 5.2 mi | 51.4% (±3.9 points) | Higher |
| Troy | 5.7 mi | 52.7% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 4 | Watervliet | 49.8% (±10.9 points) |
| 5 | Cohoes | 48.6% (±9.9 points) |
| 6 | Town of Coeymans | 47.0% (±15.4 points) |
| 7 | Town of Green Island | 46.2% (±14.4 points) |
| 8 | Town of Bethlehem | 40.1% (±8.0 points) |
| 9 | Town of New Scotland | 39.9% (±18.3 points) |
| 10 | Town of Colonie | 39.7% (±5.3 points) |
| 11 | Town of Guilderland | 39.6% (±6.1 points) |
| 12 | Town of Westerlo | 17.9% (±49.0 points) |
| 13 | Town of Rensselaerville | 14.7% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Colonie town, Albany County, New York
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Colonie town, Albany County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Colonie town, Albany County, 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 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.
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 .
Related
- Housing in the Town of Colonie at a glance
- Median rent in the Town of Colonie
- Rent by bedrooms in the Town of Colonie
- Renters and owners in the Town of Colonie
- Income and affordability in the Town of Colonie
- Home values in the Town of Colonie
- Homeowner costs in the Town of Colonie
- Property taxes in the Town of Colonie
- Types of homes in the Town of Colonie
- Bedrooms in the Town of Colonie
- Age of homes in the Town of Colonie
- Vacancy rate in the Town of Colonie
- Heating fuel in the Town of Colonie
- Commute and cars in the Town of Colonie
- Crime reported to police in the Town of Colonie
- Population growth in the Town of Colonie
- How long people stay in the Town of Colonie
- Crowding and facilities in the Town of Colonie
- New York landlord and tenant rules
- Housing across Albany County
- New York places ranked by rent burden
- Housing data for every place in New York