What percentage of people rent in the Village of Lakewood, NY?
35.6% (±9.1 points) of the occupied homes in the Village of Lakewood, NY are rented (2020–2024 American Community Survey).
That is 489 renting households against 886 that own their home.
In the Village of Lakewood, the share of households that rent went from 36.3% in 2015–2019 to 35.6% in 2020–2024 (−0.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 35.6% (±9.1 points)
- Renting households
- 489 (±150)
- Median renter income
- $40,677 (±$11,869)
Who rents and who owns in the Village of Lakewood
| Village of Lakewood | Chautauqua County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 35.6% (±9.1 points) | 31.1% (±1.2 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 489 (±150) | 16,631 (±773) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 886 (±122) | 36,762 (±711) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 1.7 (±0.3) | 2.1 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.3) | 2.3 (±0.0) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $40,677 (±$11,869) | $33,312 (±$3,028) | $57,803 (±$395) | $52,966 |
| Median owner household income | $97,143 (±$22,943) | $74,524 (±$2,722) | $114,563 (±$568) | $100,009 |
In the Village of Lakewood, the renter share is not measurably different from Chautauqua County (31.1%).
It is also lower than in New York (45.7%).
It is not measurably different from the national figure (34.8%).
In Chautauqua County, the Village of Lakewood ranks 4 of 13 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 209 of 532.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in the Village of Lakewood has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.3% (±7.1 points) | 35.6% (±9.1 points) | −0.7 percentage points | Not a measurable change |
| Median gross rent | $735 (±$47) | $1,154 (±$105) | +57.0% | Up after inflation |
| Median household income | $53,882 (±$9,084) | $67,557 (±$30,469) | +25.4% | 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.
Households that rent in places near the Village of Lakewood
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Village of Lakewood | — | 35.6% (±9.1 points) | — |
| Jamestown West | 2.1 mi | 31.9% (±9.2 points) | Not measurably different |
| Village of Celoron | 2.2 mi | 40.2% (±11.2 points) | Not measurably different |
| Town of Busti | 3.4 mi | 27.3% (±5.2 points) | Not measurably different |
| Jamestown | 4.3 mi | 50.7% (±2.7 points) | Higher |
| Town of Ellicott | 4.9 mi | 28.1% (±4.4 points) | Not measurably different |
| Village of Bemus Point | 5.7 mi | 27.0% (±14.4 points) | Not measurably different |
| Village of Falconer | 6.5 mi | 28.5% (±8.3 points) | Not measurably different |
| Town of Ellery | 6.5 mi | 10.5% (±3.7 points) | Lower |
Nearby places with a measurably lower figure: Town of Ellery, NY (10.5%).
Nearby places with a measurably higher figure: Jamestown, NY (50.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Chautauqua County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Village of Fredonia | 46.4% (±7.7 points) |
| 2 | Village of Panama | 44.7% (±12.6 points) |
| 3 | Village of Celoron | 40.2% (±11.2 points) |
| 4 | Village of Lakewood | 35.6% (±9.1 points) |
| 5 | Village of Brocton | 35.5% (±7.9 points) |
| 6 | Village of Westfield | 34.2% (±11.1 points) |
| 7 | Village of Silver Creek | 31.8% (±8.6 points) |
| 8 | Village of Sinclairville | 31.2% (±10.7 points) |
| 9 | Village of Sherman | 28.9% (±10.9 points) |
| 10 | Village of Falconer | 28.5% (±8.3 points) |
Showing 10 of 13 places in Chautauqua 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 Lakewood
How many renters are there in the Village of Lakewood?
The Village of Lakewood has an estimated 489 (±150) renting households, 35.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Village of Lakewood?
In the Village of Lakewood, the share of households that rent went from 36.3% in 2015–2019 to 35.6% in 2020–2024 (−0.7 percentage points), not a measurable change.
How big are renting households in the Village of Lakewood?
A renting household in the Village of Lakewood has 1.7 people on average, against 2.3 in an owned home.
How much do renters earn in the Village of Lakewood?
The median renting household in the Village of Lakewood, NY has an income of $40,677 (±$11,869) a year, against $97,143 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakewood village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakewood village, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lakewood village, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakewood village, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lakewood 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 Lakewood village, New York (place:41069, 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 Lakewood at a glance
- Median rent in the Village of Lakewood
- Rent by bedrooms in the Village of Lakewood
- Rent burden in the Village of Lakewood
- Income and affordability in the Village of Lakewood
- Home values in the Village of Lakewood
- Homeowner costs in the Village of Lakewood
- Property taxes in the Village of Lakewood
- Types of homes in the Village of Lakewood
- Bedrooms in the Village of Lakewood
- Age of homes in the Village of Lakewood
- Heating fuel in the Village of Lakewood
- Commute and cars in the Village of Lakewood
- Crime reported to police in the Village of Lakewood
- Population growth in the Village of Lakewood
- How long people stay in the Village of Lakewood
- New York landlord and tenant rules
- Housing across Chautauqua County
- New York places ranked by share of renters
- Housing data for every place in New York