What percentage of people rent in the Town of Homer, NY?
25.4% (±6.2 points) of the occupied homes in the Town of Homer, NY are rented (2020–2024 American Community Survey).
That is 720 renting households against 2,113 that own their home.
In the Town of Homer, the share of households that rent went from 24.6% in 2015–2019 to 25.4% in 2020–2024 (+0.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 25.4% (±6.2 points)
- Renting households
- 720 (±198)
- Median renter income
- $50,000 (±$17,166)
Who rents and who owns in the Town of Homer
| Town of Homer | Cortland County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.4% (±6.2 points) | 33.7% (±2.3 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 720 (±198) | 6,402 (±513) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 2,113 (±200) | 12,597 (±388) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 1.7 (±0.3) | 1.9 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.2) | 2.4 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $50,000 (±$17,166) | $42,202 (±$4,366) | $57,803 (±$395) | $52,966 |
| Median owner household income | $79,755 (±$8,710) | $85,175 (±$4,372) | $114,563 (±$568) | $100,009 |
In the Town of Homer, the renter share is lower than in Cortland County (33.7%).
It is also lower than in New York (45.7%).
It is lower than the national figure (34.8%).
In Cortland County, the Town of Homer ranks 5 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 261 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 Homer has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 24.6% (±5.2 points) | 25.4% (±6.2 points) | +0.8 percentage points | Not a measurable change |
| Median gross rent | $775 (±$95) | $1,348 (±$505) | +73.9% | No measurable change after inflation |
| Median household income | $71,484 (±$12,501) | $74,012 (±$4,632) | +3.5% | 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 Homer
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Town of Homer | — | 25.4% (±6.2 points) | — |
| Village of Homer | 1.9 mi | 31.4% (±7.5 points) | Not measurably different |
| Cortland | 4.3 mi | 54.1% (±4.4 points) | Higher |
| Town of Cortlandville | 4.8 mi | 25.6% (±5.8 points) | Not measurably different |
| Cortland West | 5.5 mi | 10.0% (±14.1 points) | Not measurably different |
| Town of Preble | 5.9 mi | 14.0% (±6.3 points) | Lower |
| Village of McGraw | 6.0 mi | 29.1% (±9.6 points) | Not measurably different |
| Town of Scott | 6.2 mi | 9.3% (±5.1 points) | Lower |
| Munsons Corners | 6.3 mi | 44.4% (±10.8 points) | Higher |
Nearby places with a measurably lower figure: Town of Preble, NY (14.0%), Town of Scott, NY (9.3%).
Nearby places with a measurably higher figure: Cortland, NY (54.1%), Munsons Corners, NY (44.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cortland County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Cortland | 54.1% (±4.4 points) |
| 2 | Town of Taylor | 28.6% (±11.6 points) |
| 3 | Town of Cincinnatus | 27.8% (±12.7 points) |
| 4 | Town of Cortlandville | 25.6% (±5.8 points) |
| 5 | Town of Homer | 25.4% (±6.2 points) |
| 6 | Town of Marathon | 24.8% (±7.9 points) |
| 7 | Town of Harford | 24.4% (±8.4 points) |
| 8 | Town of Cuyler | 23.0% (±9.8 points) |
| 9 | Town of Lapeer | 18.4% (±8.3 points) |
| 10 | Town of Virgil | 16.7% (±6.0 points) |
| 11 | Town of Freetown | 15.8% (±8.5 points) |
Showing 11 of 16 places in Cortland County, ranked from highest to lowest.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Homer 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 Homer
How many renters are there in the Town of Homer?
The Town of Homer has an estimated 720 (±198) renting households, 25.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Town of Homer?
In the Town of Homer, the share of households that rent went from 24.6% in 2015–2019 to 25.4% in 2020–2024 (+0.8 percentage points), not a measurable change.
How big are renting households in the Town of Homer?
A renting household in the Town of Homer has 1.7 people on average, against 2.3 in an owned home.
How much do renters earn in the Town of Homer?
The median renting household in the Town of Homer, NY has an income of $50,000 (±$17,166) a year, against $79,755 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Homer town, Cortland County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Homer town, Cortland County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Homer town, Cortland County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Homer town, Cortland County, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Homer town, Cortland 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 Homer town, Cortland County, New York (county subdivision:35287, in state:36 county:023).
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 Homer at a glance
- Median rent in the Town of Homer
- Rent by bedrooms in the Town of Homer
- Rent burden in the Town of Homer
- Income and affordability in the Town of Homer
- Home values in the Town of Homer
- Homeowner costs in the Town of Homer
- Property taxes in the Town of Homer
- Types of homes in the Town of Homer
- Bedrooms in the Town of Homer
- Age of homes in the Town of Homer
- Heating fuel in the Town of Homer
- Commute and cars in the Town of Homer
- Population growth in the Town of Homer
- How long people stay in the Town of Homer
- New York landlord and tenant rules
- Housing across Cortland County
- New York places ranked by share of renters
- Housing data for every place in New York