What is the median household income in the Village of Ballston Spa, NY?
The median household income in the Village of Ballston Spa, NY is $101,667 (±$15,198) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,122 a month would take about $44,900 a year at the common guideline of spending no more than 30% of income on rent.
In the Village of Ballston Spa, the median household income went from $63,384 in 2015–2019 to $101,667 in 2020–2024 (+60.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $101,667 (±$15,198)
- Median renter income
- $47,279 (±$9,495)
- Income to afford median rent
- about $44,900
Income in the Village of Ballston Spa against Saratoga County, its state and the nation
| Village of Ballston Spa | Saratoga County | New York | United States | |
|---|---|---|---|---|
| Median household income | $101,667 (±$15,198) | $100,787 (±$3,028) | $85,974 (±$402) | $80,734 |
| Median renter household income | $47,279 (±$9,495) | $63,162 (±$3,274) | $57,803 (±$395) | $52,966 |
| Median owner household income | $127,191 (±$18,221) | $120,885 (±$2,491) | $114,563 (±$568) | $100,009 |
| Median gross rent | $1,122 (±$238) | $1,394 (±$26) | $1,621 (±$7) | $1,413 |
In the Village of Ballston Spa, median household income is not measurably different from Saratoga County ($100,787).
It is also higher than in New York ($85,974).
It is higher than the national figure ($80,734).
In Saratoga County, the Village of Ballston Spa ranks 1 of 9 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 147 of 527.
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 Village of Ballston Spa
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 $1,122 a month ($13,464 a year) needs an income of about $44,900 a year.
The median renting household in the Village of Ballston Spa earns $47,279 a year.
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 | $63,384 (±$8,553) | $101,667 (±$15,198) | +60.4% | Up after inflation |
| Median gross rent | $988 (±$140) | $1,122 (±$238) | +13.6% | No measurable change after inflation |
| Median home value | $226,200 (±$34,032) | $308,200 (±$29,078) | +36.3% | 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 Village of Ballston Spa
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Village of Ballston Spa | — | $101,667 (±$15,198) | — |
| North Ballston Spa | 1.0 mi | $91,140 (±$18,720) | Not measurably different |
| Milton (community, Saratoga County) | 2.2 mi | $94,982 (±$13,510) | Not measurably different |
| Town of Malta | 3.7 mi | $110,425 (±$11,654) | Not measurably different |
| Town of Milton | 3.7 mi | $100,322 (±$8,952) | Not measurably different |
| Town of Ballston | 4.1 mi | $116,161 (±$13,733) | Not measurably different |
| Village of Round Lake | 5.6 mi | $97,868 (±$12,920) | Not measurably different |
| Saratoga Springs | 5.8 mi | $105,944 (±$8,538) | Not measurably different |
| Country Knolls | 7.1 mi | $143,036 (±$22,745) | Higher |
Nearby places with a measurably higher figure: Country Knolls, NY ($143,036).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Saratoga County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Village of Ballston Spa | $101,667 (±$15,198) |
| 2 | Village of Round Lake | $97,868 (±$12,920) |
| 3 | Village of Stillwater | $90,060 (±$10,605) |
| 4 | Village of Schuylerville | $86,765 (±$16,908) |
| 5 | Village of Galway | $82,500 (±$38,541) |
| 6 | Village of Corinth | $76,071 (±$13,456) |
| 7 | Village of Waterford | $72,938 (±$11,860) |
Showing 7 of 9 places in Saratoga County, ranked from highest to lowest.
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 Village of Ballston Spa
What is the median household income in the Village of Ballston Spa?
The median household income in the Village of Ballston Spa is $101,667 (±$15,198) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in the Village of Ballston Spa?
About $44,900 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,122 a month.
Have incomes in the Village of Ballston Spa kept up with inflation?
In the Village of Ballston Spa, the median household income went from $63,384 in 2015–2019 to $101,667 in 2020–2024 (+60.4%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in the Village of Ballston Spa?
The median renting household in the Village of Ballston Spa, NY earns $47,279 (±$9,495) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ballston Spa village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ballston Spa village, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ballston Spa village, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ballston Spa village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ballston Spa village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ballston Spa village, 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 Ballston Spa village, New York (place:04253, in state:36).
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
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- Homeowner costs in the Village of Ballston Spa
- Property taxes in the Village of Ballston Spa
- Types of homes in the Village of Ballston Spa
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- Commute and cars in the Village of Ballston Spa
- Crime reported to police in the Village of Ballston Spa
- Population growth in the Village of Ballston Spa
- How long people stay in the Village of Ballston Spa
- New York landlord and tenant rules
- Housing across Saratoga County
- New York places ranked by median household income
- Housing data for every place in New York