What is the median household income in the Town of Romulus, NY?
The median household income in the Town of Romulus, NY is $69,447 (±$5,754) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,059 a month would take about $42,400 a year at the common guideline of spending no more than 30% of income on rent.
In the Town of Romulus, the median household income went from $55,250 in 2015–2019 to $69,447 in 2020–2024 (+25.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $69,447 (±$5,754)
- Median renter income
- $22,308 (±$13,491)
- Income to afford median rent
- about $42,400
Income in the Town of Romulus against Seneca County, its state and the nation
| Town of Romulus | Seneca County | New York | United States | |
|---|---|---|---|---|
| Median household income | $69,447 (±$5,754) | $68,089 (±$2,709) | $85,974 (±$402) | $80,734 |
| Median renter household income | $22,308 (±$13,491) | $43,421 (±$7,346) | $57,803 (±$395) | $52,966 |
| Median owner household income | $87,019 (±$13,972) | $79,635 (±$4,425) | $114,563 (±$568) | $100,009 |
| Median gross rent | $1,059 (±$93) | $957 (±$29) | $1,621 (±$7) | $1,413 |
In the Town of Romulus, median household income is not measurably different from Seneca County ($68,089).
It is also lower than in New York ($85,974).
It is lower than the national figure ($80,734).
In Seneca County, the Town of Romulus ranks 6 of 10 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 632 of 999.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in the Town of Romulus
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,059 a month ($12,708 a year) needs an income of about $42,400 a year.
The median renting household in the Town of Romulus earns $22,308 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $55,250 (±$10,220) | $69,447 (±$5,754) | +25.7% | No measurable change after inflation |
| Median gross rent | $854 (±$78) | $1,059 (±$93) | +24.0% | No measurable change after inflation |
| Median home value | $106,100 (±$17,833) | $178,800 (±$46,694) | +68.5% | 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.
Median household income in places near the Town of Romulus
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Town of Romulus | — | $69,447 (±$5,754) | — |
| Village of Ovid | 2.6 mi | $79,583 (±$49,517) | Not measurably different |
| Town of Ovid | 4.7 mi | $63,594 (±$14,549) | Not measurably different |
| Town of Varick | 4.9 mi | $80,250 (±$8,016) | Higher |
| Village of Dresden | 6.7 mi | $70,729 (±$12,535) | Not measurably different |
| Village of Lodi | 6.9 mi | $54,125 (±$11,855) | Lower |
| Town of Torrey | 7.0 mi | $95,500 (±$16,457) | Higher |
| Village of Aurora | 7.2 mi | $71,250 (±$25,010) | Not measurably different |
| Town of Ledyard | 8.2 mi | $86,731 (±$12,442) | Higher |
Nearby places with a measurably lower figure: Village of Lodi, NY ($54,125).
Nearby places with a measurably higher figure: Town of Varick, NY ($80,250), Town of Torrey, NY ($95,500), Town of Ledyard, NY ($86,731).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Seneca County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Town of Varick | $80,250 (±$8,016) |
| 2 | Town of Lodi | $78,489 (±$2,869) |
| 3 | Town of Fayette | $77,875 (±$24,787) |
| 4 | Town of Junius | $76,750 (±$13,077) |
| 5 | Town of Covert | $75,688 (±$16,232) |
| 6 | Town of Romulus | $69,447 (±$5,754) |
| 7 | Town of Ovid | $63,594 (±$14,549) |
| 8 | Town of Waterloo | $63,226 (±$10,813) |
| 9 | Town of Tyre | $63,125 (±$13,775) |
| 10 | Town of Seneca Falls | $62,487 (±$10,535) |
A New York town includes the villages and hamlets inside it, so the figures for the Town of Romulus 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 Romulus
What is the median household income in the Town of Romulus?
The median household income in the Town of Romulus is $69,447 (±$5,754) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in the Town of Romulus?
About $42,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,059 a month.
Have incomes in the Town of Romulus kept up with inflation?
In the Town of Romulus, the median household income went from $55,250 in 2015–2019 to $69,447 in 2020–2024 (+25.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in the Town of Romulus?
The median renting household in the Town of Romulus, NY earns $22,308 (±$13,491) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Romulus town, Seneca County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Romulus town, Seneca County, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Romulus town, Seneca County, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Romulus town, Seneca County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Romulus town, Seneca County, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Romulus town, Seneca 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 Romulus town, Seneca County, New York (county subdivision:63440, 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Romulus at a glance
- Median rent in the Town of Romulus
- Rent by bedrooms in the Town of Romulus
- Rent burden in the Town of Romulus
- Renters and owners in the Town of Romulus
- Home values in the Town of Romulus
- Homeowner costs in the Town of Romulus
- Property taxes in the Town of Romulus
- Types of homes in the Town of Romulus
- Bedrooms in the Town of Romulus
- Age of homes in the Town of Romulus
- Heating fuel in the Town of Romulus
- Commute and cars in the Town of Romulus
- Population growth in the Town of Romulus
- How long people stay in the Town of Romulus
- New York landlord and tenant rules
- Housing across Seneca County
- New York places ranked by median household income
- Housing data for every place in New York