What percentage of people rent in the Town of Fayette, NY?

17.9% (±7.0 points) of the occupied homes in the Town of Fayette, NY are rented (2020–2024 American Community Survey).

That is 272 renting households against 1,247 that own their home.

In the Town of Fayette, the share of households that rent went from 14.8% in 2015–2019 to 17.9% in 2020–2024 (+3.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
17.9% (±7.0 points)
Renting households
272 (±114)
Median renter income
$86,591 (±$53,443)

Who rents and who owns in the Town of Fayette

Tenure, estimate (90% margin of error)
Town of FayetteSeneca CountyNew YorkUnited States
Renter-occupied share17.9% (±7.0 points)29.0% (±2.5 points)45.7% (±0.2 points)34.8%
Renting households272 (±114)3,952 (±356)3,525,661 (±12,362)45,017,354
Owning households1,247 (±141)9,654 (±348)4,196,985 (±19,607)84,210,142
Average renter household size2.3 (±0.7)2.0 (±0.1)2.3 (±0.0)2.3
Average owner household size2.4 (±0.3)2.4 (±0.1)2.7 (±0.0)2.6
Median renter household income$86,591 (±$53,443)$43,421 (±$7,346)$57,803 (±$395)$52,966
Median owner household income$75,417 (±$27,488)$79,635 (±$4,425)$114,563 (±$568)$100,009

In the Town of Fayette, the renter share is lower than in Seneca County (29.0%).

It is also lower than in New York (45.7%).

It is lower than the national figure (34.8%).

In Seneca County, the Town of Fayette ranks 7 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 527 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 Fayette has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent14.8% (±5.1 points)17.9% (±7.0 points)+3.1 percentage pointsNot a measurable change
Median gross rent$797 (±$135)$1,215 (±$532)+52.4%No measurable change after inflation
Median household income$66,250 (±$5,409)$77,875 (±$24,787)+17.5%No measurable change 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 Fayette

Nearest places with a published estimate, compared with the Town of Fayette
PlaceDistanceHouseholds that rentCompared with this place
Town of Fayette—17.9% (±7.0 points)—
Town of Varick4.2 mi17.0% (±6.0 points)Not measurably different
Village of Waterloo4.3 mi31.3% (±8.3 points)Higher
Seneca Falls (community)5.7 mi38.5% (±6.2 points)Higher
Town of Seneca Falls5.9 mi36.0% (±5.2 points)Higher
Town of Waterloo6.0 mi34.3% (±5.9 points)Higher
Geneva (Ontario County)6.7 mi48.3% (±4.2 points)Higher
Town of Geneva7.5 mi23.6% (±5.2 points)Not measurably different
Village of Cayuga8.5 mi17.5% (±10.1 points)Not measurably different

Nearby places with a measurably higher figure: Village of Waterloo, NY (31.3%), Seneca Falls (community), NY (38.5%), Town of Seneca Falls, NY (36.0%).

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

Households that rent across Seneca County, place by place

RankPlaceHouseholds that rent
1Town of Seneca Falls36.0% (±5.2 points)
2Town of Waterloo34.3% (±5.9 points)
3Town of Lodi31.8% (±14.0 points)
4Town of Romulus29.7% (±7.5 points)
5Town of Ovid26.8% (±6.6 points)
6Town of Tyre20.8% (±6.9 points)
7Town of Fayette17.9% (±7.0 points)
8Town of Varick17.0% (±6.0 points)
9Town of Covert16.6% (±4.6 points)
10Town of Junius10.2% (±4.4 points)

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

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Questions about Town of Fayette

How many renters are there in the Town of Fayette?

The Town of Fayette has an estimated 272 (±114) renting households, 17.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in the Town of Fayette?

In the Town of Fayette, the share of households that rent went from 14.8% in 2015–2019 to 17.9% in 2020–2024 (+3.1 percentage points), not a measurable change.

How big are renting households in the Town of Fayette?

A renting household in the Town of Fayette has 2.3 people on average, against 2.4 in an owned home.

How much do renters earn in the Town of Fayette?

The median renting household in the Town of Fayette, NY has an income of $86,591 (±$53,443) a year, against $75,417 for households that own their home.

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 Fayette town, Seneca County, New York (county subdivision:25505, in state:36 county:099).

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.

Request a Census API 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 .

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