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

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentVillage of AltamontAlbany CountyNew YorkUnited 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 more45.5% (±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

Estimate (90% margin of error)
Village of AltamontAlbany CountyNew YorkUnited States
Paying 30% or more52.4% (±17.0 points)46.8% (±2.5 points)52.1% (±0.4 points)51.1%
Paying 35% or more45.5% (±16.3 points)37.2% (±2.2 points)43.1% (±0.3 points)41.9%
Median share of income31.8% (±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

Nearest places with a published estimate, compared with the Village of Altamont
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Village of Altamont—52.4% (±17.0 points)—
Town of Guilderland3.6 mi39.6% (±6.1 points)Not measurably different
Town of Knox3.9 mi53.8% (±48.7 points)Not measurably different
Village of Voorheesville6.2 mi27.8% (±28.3 points)Not measurably different
Rotterdam (community)6.3 mi41.3% (±8.7 points)Not measurably different
Town of Rotterdam7.5 mi45.3% (±8.6 points)Not measurably different
Town of Princetown7.6 mi67.6% (±48.7 points)Not measurably different
Village of Delanson8.1 mi50.0% (±111.8 points)Not measurably different
Westmere8.2 mi41.7% (±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

RankPlaceRenters paying 30% or more of income
1Village of Altamont52.4% (±17.0 points)
2Village of Green Island46.2% (±14.4 points)
3Village of Ravena45.1% (±20.2 points)
4Village of Colonie35.3% (±17.5 points)
5Village of Menands34.7% (±16.8 points)
6Village of Voorheesville27.8% (±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

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.

Request a Census API 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 .

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