What percentage of people rent in the Village of Groton, NY?
36.1% (±8.7 points) of the occupied homes in the Village of Groton, NY are rented (2020–2024 American Community Survey).
That is 317 renting households against 562 that own their home.
In the Village of Groton, the share of households that rent went from 31.3% in 2015–2019 to 36.1% in 2020–2024 (+4.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 36.1% (±8.7 points)
- Renting households
- 317 (±93)
- Median renter income
- $34,970 (±$6,442)
Who rents and who owns in the Village of Groton
| Village of Groton | Tompkins County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 36.1% (±8.7 points) | 45.9% (±1.5 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 317 (±93) | 19,841 (±806) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 562 (±151) | 23,422 (±635) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 1.7 (±0.3) | 1.7 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.2) | 2.3 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $34,970 (±$6,442) | $44,517 (±$2,151) | $57,803 (±$395) | $52,966 |
| Median owner household income | $71,250 (±$24,525) | $113,365 (±$5,936) | $114,563 (±$568) | $100,009 |
In the Village of Groton, the renter share is lower than in Tompkins County (45.9%).
It is also lower than in New York (45.7%).
It is not measurably different from the national figure (34.8%).
In Tompkins County, the Village of Groton ranks 5 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 203 of 532.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in the Village of Groton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.3% (±6.1 points) | 36.1% (±8.7 points) | +4.8 percentage points | Not a measurable change |
| Median gross rent | $677 (±$54) | $832 (±$67) | +22.9% | No measurable change after inflation |
| Median household income | $54,545 (±$8,119) | $60,114 (±$10,355) | +10.2% | 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.
Households that rent in places near the Village of Groton
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Village of Groton | — | 36.1% (±8.7 points) | — |
| Town of Groton | 0.0 mi | 25.0% (±6.6 points) | Lower |
| Town of Summerhill | 5.2 mi | 14.2% (±6.8 points) | Lower |
| Village of Freeville | 5.2 mi | 33.0% (±13.4 points) | Not measurably different |
| Town of Locke | 5.8 mi | 23.6% (±6.7 points) | Lower |
| Cortland West | 6.9 mi | 10.0% (±14.1 points) | Lower |
| Village of Dryden | 7.1 mi | 47.4% (±8.1 points) | Not measurably different |
| Town of Dryden | 7.2 mi | 36.8% (±4.4 points) | Not measurably different |
| South Lansing | 7.8 mi | 40.2% (±18.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Town of Groton, NY (25.0%), Town of Summerhill, NY (14.2%), Town of Locke, NY (23.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Tompkins County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Village of Lansing | 76.6% (±8.3 points) |
| 2 | Village of Dryden | 47.4% (±8.1 points) |
| 3 | Village of Trumansburg | 40.9% (±13.7 points) |
| 4 | Village of Cayuga Heights | 38.9% (±11.5 points) |
| 5 | Village of Groton | 36.1% (±8.7 points) |
| 6 | Village of Freeville | 33.0% (±13.4 points) |
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 Groton
How many renters are there in the Village of Groton?
The Village of Groton has an estimated 317 (±93) renting households, 36.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Village of Groton?
In the Village of Groton, the share of households that rent went from 31.3% in 2015–2019 to 36.1% in 2020–2024 (+4.8 percentage points), not a measurable change.
How big are renting households in the Village of Groton?
A renting household in the Village of Groton has 1.7 people on average, against 2.1 in an owned home.
How much do renters earn in the Village of Groton?
The median renting household in the Village of Groton, NY has an income of $34,970 (±$6,442) a year, against $71,250 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Groton village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Groton village, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Groton village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Groton village, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Groton 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 Groton village, New York (place:30961, 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 Groton at a glance
- Median rent in the Village of Groton
- Rent by bedrooms in the Village of Groton
- Rent burden in the Village of Groton
- Income and affordability in the Village of Groton
- Home values in the Village of Groton
- Homeowner costs in the Village of Groton
- Property taxes in the Village of Groton
- Types of homes in the Village of Groton
- Bedrooms in the Village of Groton
- Age of homes in the Village of Groton
- Heating fuel in the Village of Groton
- Commute and cars in the Village of Groton
- Crime reported to police in the Village of Groton
- Population growth in the Village of Groton
- How long people stay in the Village of Groton
- New York landlord and tenant rules
- Housing across Tompkins County
- New York places ranked by share of renters
- Housing data for every place in New York