What percentage of people rent in the Village of Homer, NY?

31.4% (±7.5 points) of the occupied homes in the Village of Homer, NY are rented (2020–2024 American Community Survey).

That is 459 renting households against 1,004 that own their home.

In the Village of Homer, the share of households that rent went from 34.8% in 2015–2019 to 31.4% in 2020–2024 (−3.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
31.4% (±7.5 points)
Renting households
459 (±125)
Median renter income
$50,463 (±$12,479)

Who rents and who owns in the Village of Homer

Tenure, estimate (90% margin of error)
Village of HomerCortland CountyNew YorkUnited States
Renter-occupied share31.4% (±7.5 points)33.7% (±2.3 points)45.7% (±0.2 points)34.8%
Renting households459 (±125)6,402 (±513)3,525,661 (±12,362)45,017,354
Owning households1,004 (±133)12,597 (±388)4,196,985 (±19,607)84,210,142
Average renter household size1.8 (±0.4)1.9 (±0.1)2.3 (±0.0)2.3
Average owner household size2.3 (±0.2)2.4 (±0.1)2.7 (±0.0)2.6
Median renter household income$50,463 (±$12,479)$42,202 (±$4,366)$57,803 (±$395)$52,966
Median owner household income$86,863 (±$12,403)$85,175 (±$4,372)$114,563 (±$568)$100,009

In the Village of Homer, the renter share is not measurably different from Cortland County (33.7%).

It is also lower than in New York (45.7%).

It is not measurably different from the national figure (34.8%).

In Cortland County, the Village of Homer ranks 2 of 3 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 261 of 532.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in the Village of Homer has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent34.8% (±6.7 points)31.4% (±7.5 points)−3.4 percentage pointsNot a measurable change
Median gross rent$766 (±$92)$1,158 (±$264)+51.2%No measurable change after inflation
Median household income$59,536 (±$9,086)$72,472 (±$10,536)+21.7%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 Homer

Nearest places with a published estimate, compared with the Village of Homer
PlaceDistanceHouseholds that rentCompared with this place
Village of Homer—31.4% (±7.5 points)—
Town of Homer1.9 mi25.4% (±6.2 points)Not measurably different
Cortland2.5 mi54.1% (±4.4 points)Higher
Cortland West3.6 mi10.0% (±14.1 points)Lower
Town of Cortlandville4.2 mi25.6% (±5.8 points)Not measurably different
Munsons Corners4.5 mi44.4% (±10.8 points)Not measurably different
Village of McGraw5.4 mi29.1% (±9.6 points)Not measurably different
Town of Summerhill7.0 mi14.2% (±6.8 points)Lower
Town of Scott7.4 mi9.3% (±5.1 points)Lower

Nearby places with a measurably lower figure: Cortland West, NY (10.0%), Town of Summerhill, NY (14.2%), Town of Scott, NY (9.3%).

Nearby places with a measurably higher figure: Cortland, NY (54.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Cortland County, place by place

RankPlaceHouseholds that rent
1Village of Marathon43.3% (±12.7 points)
2Village of Homer31.4% (±7.5 points)
3Village of McGraw29.1% (±9.6 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 Homer

How many renters are there in the Village of Homer?

The Village of Homer has an estimated 459 (±125) renting households, 31.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in the Village of Homer?

In the Village of Homer, the share of households that rent went from 34.8% in 2015–2019 to 31.4% in 2020–2024 (−3.4 percentage points), not a measurable change.

How big are renting households in the Village of Homer?

A renting household in the Village of Homer has 1.8 people on average, against 2.3 in an owned home.

How much do renters earn in the Village of Homer?

The median renting household in the Village of Homer, NY has an income of $50,463 (±$12,479) a year, against $86,863 for households that own their home.

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 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.

Request a Census API 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 .

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