How many renters in the Village of Altamont, NY pay more than 30% of their income on rent?
52.4% (±17.0 points) of renting households in the Village of Altamont, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
45.5% spend 35% or more.
The median renting household spends 31.8% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 52.4% (±17.0 points)
- Paying 35% or more
- 45.5% (±16.3 points)
- Median share of income
- 31.8% (±9.8 points)
Rent as a share of income in the Village of Altamont
| Share of income spent on rent | Village of Altamont | Albany County | New York | United States |
|---|---|---|---|---|
| Less than 15% | 17.9% (±11.4 points) | 13.5% | 14.0% | 12.6% |
| 15% to 19.9% | 4.8% (±5.2 points) | 15.3% | 11.7% | 12.2% |
| 20% to 24.9% | 10.3% (±10.9 points) | 12.3% | 11.5% | 12.6% |
| 25% to 29.9% | 14.5% (±10.0 points) | 12.1% | 10.7% | 11.5% |
| 30% to 34.9% | 6.9% (±4.9 points) | 9.6% | 9.0% | 9.2% |
| 35% or more | 45.5% (±16.3 points) | 37.2% | 43.1% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
The Village of Altamont against Albany County, its state and the nation
| Village of Altamont | Albany County | New York | United States | |
|---|---|---|---|---|
| Paying 30% or more | 52.4% (±17.0 points) | 46.8% (±2.5 points) | 52.1% (±0.4 points) | 51.1% |
| Paying 35% or more | 45.5% (±16.3 points) | 37.2% (±2.2 points) | 43.1% (±0.3 points) | 41.9% |
| Median share of income | 31.8% (±9.8 points) | 28.7% (±0.9 points) | 31.2% (±0.3 points) | 30.6% |
| Median renter household income | — | $54,733 (±$2,138) | $57,803 (±$395) | $52,966 |
| Median gross rent | $1,201 (±$233) | $1,313 (±$26) | $1,621 (±$7) | $1,413 |
In the Village of Altamont, the share of renters paying 30% or more of income is not measurably different from Albany County (46.8%).
It is not measurably different from New York (52.1%).
It is not measurably different from the national figure (51.1%).
In Albany County, the Village of Altamont ranks 1 of 6 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 204 of 525.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near the Village of Altamont
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Village of Altamont | — | 52.4% (±17.0 points) | — |
| Town of Guilderland | 3.6 mi | 39.6% (±6.1 points) | Not measurably different |
| Town of Knox | 3.9 mi | 53.8% (±48.7 points) | Not measurably different |
| Village of Voorheesville | 6.2 mi | 27.8% (±28.3 points) | Not measurably different |
| Rotterdam (community) | 6.3 mi | 41.3% (±8.7 points) | Not measurably different |
| Town of Rotterdam | 7.5 mi | 45.3% (±8.6 points) | Not measurably different |
| Town of Princetown | 7.6 mi | 67.6% (±48.7 points) | Not measurably different |
| Village of Delanson | 8.1 mi | 50.0% (±111.8 points) | Not measurably different |
| Westmere | 8.2 mi | 41.7% (±12.1 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Albany County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Village of Altamont | 52.4% (±17.0 points) |
| 2 | Village of Green Island | 46.2% (±14.4 points) |
| 3 | Village of Ravena | 45.1% (±20.2 points) |
| 4 | Village of Colonie | 35.3% (±17.5 points) |
| 5 | Village of Menands | 34.7% (±16.8 points) |
| 6 | Village of Voorheesville | 27.8% (±28.3 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Village of Altamont
Are renters in the Village of Altamont rent-burdened?
52.4% of renting households in the Village of Altamont pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in the Village of Altamont spend on rent?
The median renting household in the Village of Altamont, NY spends 31.8% (±9.8 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Altamont village, New York
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Altamont village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Altamont village, New York
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 Altamont village, New York (place:01517, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Village of Altamont at a glance
- Median rent in the Village of Altamont
- Renters and owners in the Village of Altamont
- Income and affordability in the Village of Altamont
- Home values in the Village of Altamont
- Homeowner costs in the Village of Altamont
- Property taxes in the Village of Altamont
- Types of homes in the Village of Altamont
- Bedrooms in the Village of Altamont
- Age of homes in the Village of Altamont
- Heating fuel in the Village of Altamont
- Commute and cars in the Village of Altamont
- Crime reported to police in the Village of Altamont
- Population growth in the Village of Altamont
- How long people stay in the Village of Altamont
- New York landlord and tenant rules
- Housing across Albany County
- New York places ranked by rent burden
- Housing data for every place in New York