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

29.6% (±5.8 points) of the occupied homes in the Town of Otsego, NY are rented (2020–2024 American Community Survey).

That is 460 renting households against 1,092 that own their home.

In the Town of Otsego, the share of households that rent went from 33.0% in 2015–2019 to 29.6% in 2020–2024 (−3.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
29.6% (±5.8 points)
Renting households
460 (±109)
Median renter income
$80,500 (±$50,047)

Who rents and who owns in the Town of Otsego

Tenure, estimate (90% margin of error)
Town of OtsegoOtsego CountyNew YorkUnited States
Renter-occupied share29.6% (±5.8 points)26.1% (±2.0 points)45.7% (±0.2 points)34.8%
Renting households460 (±109)6,060 (±519)3,525,661 (±12,362)45,017,354
Owning households1,092 (±112)17,129 (±444)4,196,985 (±19,607)84,210,142
Average renter household size1.7 (±0.3)1.9 (±0.1)2.3 (±0.0)2.3
Average owner household size2.4 (±0.2)2.5 (±0.1)2.7 (±0.0)2.6
Median renter household income$80,500 (±$50,047)$46,448 (±$5,635)$57,803 (±$395)$52,966
Median owner household income$72,500 (±$20,664)$81,969 (±$2,506)$114,563 (±$568)$100,009

In the Town of Otsego, the renter share is not measurably different from Otsego County (26.1%).

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

It is not measurably different from the national figure (34.8%).

In Otsego County, the Town of Otsego ranks 2 of 25 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 165 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 Otsego has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent33.0% (±6.1 points)29.6% (±5.8 points)−3.4 percentage pointsNot a measurable change
Median gross rent$793 (±$90)$1,205 (±$165)+52.0%Up after inflation
Median household income$71,190 (±$13,400)$72,891 (±$15,701)+2.4%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 Otsego

Nearest places with a published estimate, compared with the Town of Otsego
PlaceDistanceHouseholds that rentCompared with this place
Town of Otsego—29.6% (±5.8 points)—
Village of Cooperstown4.5 mi40.6% (±8.4 points)Higher
Town of Exeter6.4 mi2.3% (±2.3 points)Lower
Village of Richfield Springs6.6 mi28.2% (±11.0 points)Not measurably different
Town of Middlefield6.9 mi17.3% (±6.0 points)Lower
Town of Springfield7.1 mi19.0% (±7.6 points)Lower
Town of Richfield7.7 mi28.3% (±7.9 points)Not measurably different
Town of Hartwick8.3 mi20.0% (±7.6 points)Lower
Town of Burlington9.7 mi8.5% (±4.7 points)Lower

Nearby places with a measurably lower figure: Town of Exeter, NY (2.3%), Town of Middlefield, NY (17.3%), Town of Springfield, NY (19.0%).

Nearby places with a measurably higher figure: Village of Cooperstown, NY (40.6%).

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

Households that rent across Otsego County, place by place

RankPlaceHouseholds that rent
1Oneonta54.0% (±5.5 points)
2Town of Otsego29.6% (±5.8 points)
3Town of Richfield28.3% (±7.9 points)
4Town of Oneonta24.8% (±8.5 points)
5Town of Otego22.4% (±9.0 points)
6Town of Morris21.7% (±6.9 points)
7Town of Edmeston21.5% (±6.4 points)
8Town of Hartwick20.0% (±7.6 points)

Showing 8 of 25 places in Otsego County, ranked from highest to lowest.

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

How many renters are there in the Town of Otsego?

The Town of Otsego has an estimated 460 (±109) renting households, 29.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in the Town of Otsego?

In the Town of Otsego, the share of households that rent went from 33.0% in 2015–2019 to 29.6% in 2020–2024 (−3.4 percentage points), not a measurable change.

How big are renting households in the Town of Otsego?

A renting household in the Town of Otsego has 1.7 people on average, against 2.4 in an owned home.

How much do renters earn in the Town of Otsego?

The median renting household in the Town of Otsego, NY has an income of $80,500 (±$50,047) a year, against $72,500 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 Otsego town, Otsego County, New York (county subdivision:55695, in state:36 county:077).

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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