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
| Town of Otsego | Otsego County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.6% (±5.8 points) | 26.1% (±2.0 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 460 (±109) | 6,060 (±519) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 1,092 (±112) | 17,129 (±444) | 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 | 2.4 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 33.0% (±6.1 points) | 29.6% (±5.8 points) | −3.4 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Town of Otsego | — | 29.6% (±5.8 points) | — |
| Village of Cooperstown | 4.5 mi | 40.6% (±8.4 points) | Higher |
| Town of Exeter | 6.4 mi | 2.3% (±2.3 points) | Lower |
| Village of Richfield Springs | 6.6 mi | 28.2% (±11.0 points) | Not measurably different |
| Town of Middlefield | 6.9 mi | 17.3% (±6.0 points) | Lower |
| Town of Springfield | 7.1 mi | 19.0% (±7.6 points) | Lower |
| Town of Richfield | 7.7 mi | 28.3% (±7.9 points) | Not measurably different |
| Town of Hartwick | 8.3 mi | 20.0% (±7.6 points) | Lower |
| Town of Burlington | 9.7 mi | 8.5% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Oneonta | 54.0% (±5.5 points) |
| 2 | Town of Otsego | 29.6% (±5.8 points) |
| 3 | Town of Richfield | 28.3% (±7.9 points) |
| 4 | Town of Oneonta | 24.8% (±8.5 points) |
| 5 | Town of Otego | 22.4% (±9.0 points) |
| 6 | Town of Morris | 21.7% (±6.9 points) |
| 7 | Town of Edmeston | 21.5% (±6.4 points) |
| 8 | Town of Hartwick | 20.0% (±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.
What you can do on Seayora in Town of Otsego
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Town of Otsego, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Town of Otsego beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Town of Otsego, and send estimates and invoices from your phone.
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Otsego town, Otsego County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Otsego town, Otsego County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Otsego town, Otsego County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Otsego town, Otsego County, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Otsego town, Otsego 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 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.
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 Otsego at a glance
- Median rent in the Town of Otsego
- Rent by bedrooms in the Town of Otsego
- Income and affordability in the Town of Otsego
- Home values in the Town of Otsego
- Homeowner costs in the Town of Otsego
- Property taxes in the Town of Otsego
- Types of homes in the Town of Otsego
- Bedrooms in the Town of Otsego
- Age of homes in the Town of Otsego
- Heating fuel in the Town of Otsego
- Commute and cars in the Town of Otsego
- Population growth in the Town of Otsego
- How long people stay in the Town of Otsego
- New York landlord and tenant rules
- Housing across Otsego County
- New York places ranked by share of renters
- Housing data for every place in New York