How many renters in the Village of Homer, NY pay more than 30% of their income on rent?

52.8% (±21.0 points) of renting households in the Village of Homer, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

51.7% spend 35% or more.

The median renting household spends 35.3% of its income on rent.

Figures last updated on .

Paying 30% or more
52.8% (±21.0 points)
Paying 35% or more
51.7% (±20.9 points)
Median share of income
35.3% (±15.5 points)

Rent as a share of income in the Village of Homer

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentVillage of HomerCortland CountyNew YorkUnited States
Less than 15%13.9% (±14.2 points)17.2%14.0%12.6%
15% to 19.9%5.6% (±5.7 points)11.8%11.7%12.2%
20% to 24.9%20.4% (±15.0 points)11.0%11.5%12.6%
25% to 29.9%7.4% (±8.4 points)9.6%10.7%11.5%
30% to 34.9%1.1% (±2.2 points)8.4%9.0%9.2%
35% or more51.7% (±20.9 points)42.0%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 Homer against Cortland County, its state and the nation

Estimate (90% margin of error)
Village of HomerCortland CountyNew YorkUnited States
Paying 30% or more52.8% (±21.0 points)50.4% (±5.4 points)52.1% (±0.4 points)51.1%
Paying 35% or more51.7% (±20.9 points)42.0% (±4.8 points)43.1% (±0.3 points)41.9%
Median share of income35.3% (±15.5 points)30.3% (±2.8 points)31.2% (±0.3 points)30.6%
Median renter household income$50,463 (±$12,479)$42,202 (±$4,366)$57,803 (±$395)$52,966
Median gross rent$1,158 (±$264)$984 (±$50)$1,621 (±$7)$1,413

In the Village of Homer, the share of renters paying 30% or more of income is not measurably different from Cortland County (50.4%).

It is not measurably different from New York (52.1%).

It is not measurably different from the national figure (51.1%).

In Cortland County, the Village of Homer ranks 2 of 3 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 193 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 Homer

Nearest places with a published estimate, compared with the Village of Homer
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Village of Homer—52.8% (±21.0 points)—
Town of Homer1.9 mi59.3% (±20.5 points)Not measurably different
Cortland2.5 mi52.4% (±7.5 points)Not measurably different
Cortland West3.6 mi20.6% (±75.6 points)Not measurably different
Town of Cortlandville4.2 mi45.0% (±14.1 points)Not measurably different
Munsons Corners4.5 mi58.8% (±23.5 points)Not measurably different
Village of McGraw5.4 mi55.7% (±18.6 points)Not measurably different
Town of Summerhill7.0 mi42.6% (±54.3 points)Not measurably different
Town of Scott7.4 mi0.0% (±79.9 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 Cortland County, place by place

RankPlaceRenters paying 30% or more of income
1Village of McGraw55.7% (±18.6 points)
2Village of Homer52.8% (±21.0 points)
3Village of Marathon43.1% (±19.3 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 Homer

Are renters in the Village of Homer rent-burdened?

52.8% of renting households in the Village of Homer 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 Homer spend on rent?

The median renting household in the Village of Homer, NY spends 35.3% (±15.5 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 Homer village, New York (place:35276, 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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