What percentage of people rent in the Village of Frankfort, NY?
24.3% (±7.7 points) of the occupied homes in the Village of Frankfort, NY are rented (2020–2024 American Community Survey).
That is 260 renting households against 810 that own their home.
In the Village of Frankfort, the share of households that rent went from 26.4% in 2015–2019 to 24.3% in 2020–2024 (−2.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 24.3% (±7.7 points)
- Renting households
- 260 (±85)
- Median renter income
- $42,639 (±$13,458)
Who rents and who owns in the Village of Frankfort
| Village of Frankfort | Herkimer County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 24.3% (±7.7 points) | 23.4% (±1.8 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 260 (±85) | 6,018 (±483) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 810 (±132) | 19,723 (±513) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 2.0 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.3 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $42,639 (±$13,458) | $36,250 (±$5,622) | $57,803 (±$395) | $52,966 |
| Median owner household income | $58,750 (±$11,671) | $79,557 (±$2,706) | $114,563 (±$568) | $100,009 |
In the Village of Frankfort, the renter share is not measurably different from Herkimer County (23.4%).
It is also lower than in New York (45.7%).
It is lower than the national figure (34.8%).
In Herkimer County, the Village of Frankfort ranks 9 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 345 of 532.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in the Village of Frankfort has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 26.4% (±5.9 points) | 24.3% (±7.7 points) | −2.1 percentage points | Not a measurable change |
| Median gross rent | $662 (±$34) | $874 (±$58) | +32.0% | No measurable change after inflation |
| Median household income | $51,450 (±$8,743) | $50,909 (±$4,161) | −1.1% | Down 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 Village of Frankfort
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Village of Frankfort | — | 24.3% (±7.7 points) | — |
| Village of Ilion | 2.4 mi | 33.8% (±6.2 points) | Not measurably different |
| Town of Frankfort | 3.3 mi | 16.0% (±4.1 points) | Not measurably different |
| Village of Mohawk | 3.8 mi | 28.3% (±8.4 points) | Not measurably different |
| Town of Herkimer | 3.9 mi | 40.4% (±6.7 points) | Higher |
| Village of Herkimer | 4.0 mi | 47.4% (±8.2 points) | Higher |
| Town of Schuyler | 5.3 mi | 17.2% (±5.8 points) | Not measurably different |
| Town of German Flatts | 6.4 mi | 29.2% (±4.6 points) | Not measurably different |
| Town of Litchfield | 6.7 mi | 9.2% (±5.5 points) | Lower |
Nearby places with a measurably lower figure: Town of Litchfield, NY (9.2%).
Nearby places with a measurably higher figure: Town of Herkimer, NY (40.4%), Village of Herkimer, NY (47.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Herkimer County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 3 | Village of Newport | 34.0% (±11.3 points) |
| 4 | Village of Ilion | 33.8% (±6.2 points) |
| 5 | Village of Poland | 33.5% (±12.4 points) |
| 6 | Village of Cold Brook | 28.9% (±15.4 points) |
| 7 | Village of Mohawk | 28.3% (±8.4 points) |
| 8 | Village of West Winfield | 25.3% (±8.4 points) |
| 9 | Village of Frankfort | 24.3% (±7.7 points) |
| 10 | Village of Middleville | 4.1% (±3.6 points) |
Showing 8 of 10 places in Herkimer 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 Frankfort
How many renters are there in the Village of Frankfort?
The Village of Frankfort has an estimated 260 (±85) renting households, 24.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Village of Frankfort?
In the Village of Frankfort, the share of households that rent went from 26.4% in 2015–2019 to 24.3% in 2020–2024 (−2.1 percentage points), not a measurable change.
How big are renting households in the Village of Frankfort?
A renting household in the Village of Frankfort has 1.8 people on average, against 2.5 in an owned home.
How much do renters earn in the Village of Frankfort?
The median renting household in the Village of Frankfort, NY has an income of $42,639 (±$13,458) a year, against $58,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Frankfort village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Frankfort village, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Frankfort village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Frankfort village, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Frankfort 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 Frankfort village, New York (place:27188, in state:36).
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 Village of Frankfort at a glance
- Median rent in the Village of Frankfort
- Rent by bedrooms in the Village of Frankfort
- Income and affordability in the Village of Frankfort
- Home values in the Village of Frankfort
- Homeowner costs in the Village of Frankfort
- Property taxes in the Village of Frankfort
- Types of homes in the Village of Frankfort
- Bedrooms in the Village of Frankfort
- Age of homes in the Village of Frankfort
- Heating fuel in the Village of Frankfort
- Commute and cars in the Village of Frankfort
- Crime reported to police in the Village of Frankfort
- Population growth in the Village of Frankfort
- How long people stay in the Village of Frankfort
- New York landlord and tenant rules
- Housing across Herkimer County
- New York places ranked by share of renters
- Housing data for every place in New York