What percentage of people rent in the Town of Indian Lake, NY?
20.2% (±6.9 points) of the occupied homes in the Town of Indian Lake, NY are rented (2020–2024 American Community Survey).
That is 134 renting households against 529 that own their home.
In the Town of Indian Lake, the share of households that rent went from 13.7% in 2015–2019 to 20.2% in 2020–2024 (+6.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.2% (±6.9 points)
- Renting households
- 134 (±47)
- Median renter income
- $36,923 (±$15,571)
Who rents and who owns in the Town of Indian Lake
| Town of Indian Lake | Hamilton County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.2% (±6.9 points) | 17.6% (±2.5 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 134 (±47) | 426 (±70) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 529 (±93) | 1,997 (±134) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 1.5 (±0.3) | 1.8 (±0.2) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.2) | 2.0 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $36,923 (±$15,571) | $40,577 (±$9,715) | $57,803 (±$395) | $52,966 |
| Median owner household income | $88,393 (±$40,288) | $77,138 (±$5,868) | $114,563 (±$568) | $100,009 |
In the Town of Indian Lake, the renter share is not measurably different from Hamilton County (17.6%).
It is also lower than in New York (45.7%).
It is lower than the national figure (34.8%).
In Hamilton County, the Town of Indian Lake ranks 2 of 9 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 420 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 Indian Lake has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 13.7% (±5.5 points) | 20.2% (±6.9 points) | +6.5 percentage points | Not a measurable change |
| Median gross rent | $546 (±$210) | $825 (±$194) | +51.1% | No measurable change after inflation |
| Median household income | $58,438 (±$8,383) | $62,824 (±$16,666) | +7.5% | 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 Indian Lake
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Town of Indian Lake | — | 20.2% (±6.9 points) | — |
| Town of Minerva | 13 mi | 12.0% (±5.9 points) | Not measurably different |
| Village of Speculator | 15 mi | 37.1% (±11.0 points) | Higher |
| Town of Lake Pleasant | 15 mi | 29.4% (±8.6 points) | Not measurably different |
| Town of Long Lake | 18 mi | 17.1% (±7.0 points) | Not measurably different |
| Town of Inlet | 18 mi | 11.7% (±10.1 points) | Not measurably different |
| Town of Johnsburg | 19 mi | 18.0% (±9.4 points) | Not measurably different |
| Town of Newcomb | 20 mi | 9.0% (±6.2 points) | Lower |
| Town of Wells | 23 mi | 8.3% (±7.1 points) | Lower |
Nearby places with a measurably lower figure: Town of Newcomb, NY (9.0%), Town of Wells, NY (8.3%).
Nearby places with a measurably higher figure: Village of Speculator, NY (37.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hamilton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Town of Lake Pleasant | 29.4% (±8.6 points) |
| 2 | Town of Indian Lake | 20.2% (±6.9 points) |
| 3 | Town of Long Lake | 17.1% (±7.0 points) |
| 4 | Town of Arietta | 13.9% (±11.7 points) |
| 5 | Town of Benson | 13.3% (±12.6 points) |
| 6 | Town of Morehouse | 13.2% (±14.4 points) |
| 7 | Town of Inlet | 11.7% (±10.1 points) |
| 8 | Town of Hope | 9.7% (±5.0 points) |
Showing 8 of 9 places in Hamilton County, ranked from highest to lowest.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Indian Lake 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 Indian Lake
How many renters are there in the Town of Indian Lake?
The Town of Indian Lake has an estimated 134 (±47) renting households, 20.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Town of Indian Lake?
In the Town of Indian Lake, the share of households that rent went from 13.7% in 2015–2019 to 20.2% in 2020–2024 (+6.5 percentage points), not a measurable change.
How big are renting households in the Town of Indian Lake?
A renting household in the Town of Indian Lake has 1.5 people on average, against 2.0 in an owned home.
How much do renters earn in the Town of Indian Lake?
The median renting household in the Town of Indian Lake, NY has an income of $36,923 (±$15,571) a year, against $88,393 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Indian Lake town, Hamilton County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Indian Lake town, Hamilton County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Indian Lake town, Hamilton County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Indian Lake town, Hamilton County, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Indian Lake town, Hamilton 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 Indian Lake town, Hamilton County, New York (county subdivision:37374, in state:36 county:041).
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 Indian Lake at a glance
- Median rent in the Town of Indian Lake
- Rent burden in the Town of Indian Lake
- Income and affordability in the Town of Indian Lake
- Home values in the Town of Indian Lake
- Homeowner costs in the Town of Indian Lake
- Property taxes in the Town of Indian Lake
- Types of homes in the Town of Indian Lake
- Bedrooms in the Town of Indian Lake
- Age of homes in the Town of Indian Lake
- Heating fuel in the Town of Indian Lake
- Commute and cars in the Town of Indian Lake
- Population growth in the Town of Indian Lake
- How long people stay in the Town of Indian Lake
- New York landlord and tenant rules
- Housing across Hamilton County
- New York places ranked by share of renters
- Housing data for every place in New York