What is the median household income in the Village of Hoosick Falls, NY?
The median household income in the Village of Hoosick Falls, NY is $48,214 (±$7,251) a year (2020–2024 American Community Survey).
Paying the median gross rent of $867 a month would take about $34,700 a year at the common guideline of spending no more than 30% of income on rent.
In the Village of Hoosick Falls, the median household income went from $54,508 in 2015–2019 to $48,214 in 2020–2024 (−11.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $48,214 (±$7,251)
- Median renter income
- $41,161 (±$4,944)
- Income to afford median rent
- about $34,700
Income in the Village of Hoosick Falls against Rensselaer County, its state and the nation
| Village of Hoosick Falls | Rensselaer County | New York | United States | |
|---|---|---|---|---|
| Median household income | $48,214 (±$7,251) | $87,915 (±$2,391) | $85,974 (±$402) | $80,734 |
| Median renter household income | $41,161 (±$4,944) | $48,621 (±$5,500) | $57,803 (±$395) | $52,966 |
| Median owner household income | $63,198 (±$15,211) | $110,934 (±$4,224) | $114,563 (±$568) | $100,009 |
| Median gross rent | $867 (±$97) | $1,217 (±$26) | $1,621 (±$7) | $1,413 |
In the Village of Hoosick Falls, median household income is lower than in Rensselaer County ($87,915).
It is also lower than in New York ($85,974).
It is lower than the national figure ($80,734).
In Rensselaer County, the Village of Hoosick Falls ranks 6 of 6 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 482 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 Hoosick Falls
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 $867 a month ($10,404 a year) needs an income of about $34,700 a year.
The median renting household in the Village of Hoosick Falls earns $41,161 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 | $54,508 (±$3,316) | $48,214 (±$7,251) | −11.5% | Down after inflation |
| Median gross rent | $879 (±$60) | $867 (±$97) | −1.4% | Down after inflation |
| Median home value | $119,500 (±$13,305) | $154,600 (±$18,822) | +29.4% | 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 Hoosick Falls
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Village of Hoosick Falls | — | $48,214 (±$7,251) | — |
| Town of Hoosick | 1.7 mi | $63,372 (±$20,655) | Not measurably different |
| North Bennington | 5.7 mi | $68,571 (±$9,752) | Higher |
| Town of White Creek | 6.5 mi | $72,853 (±$5,401) | Higher |
| Old Bennington | 7.0 mi | $168,750 (±$53,381) | Higher |
| Bennington | 7.0 mi | $59,446 (±$7,440) | Higher |
| Town of Petersburgh | 8.5 mi | $77,692 (±$15,341) | Higher |
| Shaftsbury | 8.8 mi | $86,071 (±$24,478) | Higher |
| Bennington (community) | 8.8 mi | $54,257 (±$12,150) | Not measurably different |
Nearby places with a measurably higher figure: North Bennington, VT ($68,571), Town of White Creek, NY ($72,853), Old Bennington, VT ($168,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Rensselaer County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Village of Valley Falls | $87,143 (±$10,582) |
| 2 | Village of Nassau | $84,781 (±$21,402) |
| 3 | Village of East Nassau | $77,813 (±$31,586) |
| 4 | Village of Schaghticoke | $54,643 (±$29,305) |
| 5 | Village of Castleton-on-Hudson | $52,056 (±$27,343) |
| 6 | Village of Hoosick Falls | $48,214 (±$7,251) |
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 Hoosick Falls
What is the median household income in the Village of Hoosick Falls?
The median household income in the Village of Hoosick Falls is $48,214 (±$7,251) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in the Village of Hoosick Falls?
About $34,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $867 a month.
Have incomes in the Village of Hoosick Falls kept up with inflation?
In the Village of Hoosick Falls, the median household income went from $54,508 in 2015–2019 to $48,214 in 2020–2024 (−11.5%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in the Village of Hoosick Falls?
The median renting household in the Village of Hoosick Falls, NY earns $41,161 (±$4,944) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hoosick Falls village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hoosick Falls village, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hoosick Falls village, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hoosick Falls village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hoosick Falls village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hoosick Falls 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 Hoosick Falls village, New York (place:35474, 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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- Home values in the Village of Hoosick Falls
- Homeowner costs in the Village of Hoosick Falls
- Property taxes in the Village of Hoosick Falls
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- Age of homes in the Village of Hoosick Falls
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- Population growth in the Village of Hoosick Falls
- How long people stay in the Village of Hoosick Falls
- Crowding and facilities in the Village of Hoosick Falls
- New York landlord and tenant rules
- Housing across Rensselaer County
- New York places ranked by median household income
- Housing data for every place in New York