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

67.3% (±26.5 points) of renting households in the Village of Richfield Springs, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

55.5% spend 35% or more.

The median renting household spends 36.1% of its income on rent.

Figures last updated on .

Paying 30% or more
67.3% (±26.5 points)
Paying 35% or more
55.5% (±22.5 points)
Median share of income
36.1% (±6.0 points)

Rent as a share of income in the Village of Richfield Springs

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentVillage of Richfield SpringsOtsego CountyNew YorkUnited States
Less than 15%12.6% (±16.5 points)14.0%14.0%12.6%
15% to 19.9%9.2% (±10.2 points)19.1%11.7%12.2%
20% to 24.9%0.0% (±29.2 points)11.5%11.5%12.6%
25% to 29.9%10.9% (±14.4 points)11.3%10.7%11.5%
30% to 34.9%11.8% (±14.0 points)10.1%9.0%9.2%
35% or more55.5% (±22.5 points)33.9%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 Richfield Springs against Otsego County, its state and the nation

Estimate (90% margin of error)
Village of Richfield SpringsOtsego CountyNew YorkUnited States
Paying 30% or more67.3% (±26.5 points)44.0% (±6.4 points)52.1% (±0.4 points)51.1%
Paying 35% or more55.5% (±22.5 points)33.9% (±5.5 points)43.1% (±0.3 points)41.9%
Median share of income36.1% (±6.0 points)27.4% (±2.6 points)31.2% (±0.3 points)30.6%
Median renter household income$21,202 (±$13,543)$46,448 (±$5,635)$57,803 (±$395)$52,966
Median gross rent$756 (±$86)$987 (±$42)$1,621 (±$7)$1,413

In the Village of Richfield Springs, the share of renters paying 30% or more of income is not measurably different from Otsego County (44.0%).

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

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

In Otsego County, the Village of Richfield Springs ranks 1 of 9 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 64 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 Richfield Springs

Nearest places with a published estimate, compared with the Village of Richfield Springs
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Village of Richfield Springs—67.3% (±26.5 points)—
Town of Richfield3.1 mi39.1% (±18.0 points)Not measurably different
Town of Warren4.0 mi19.7% (±18.3 points)Lower
Town of Exeter6.0 mi0.0% (±141.4 points)Not measurably different
Town of Columbia6.0 mi20.0% (±19.5 points)Lower
Town of Springfield6.2 mi21.6% (±61.4 points)Not measurably different
Town of Otsego6.6 mi30.6% (±16.8 points)Lower
Town of German Flatts9.0 mi40.8% (±13.5 points)Not measurably different
Town of Winfield9.6 mi54.3% (±20.6 points)Not measurably different

Nearby places with a measurably lower figure: Town of Warren, NY (19.7%), Town of Columbia, NY (20.0%), Town of Otsego, NY (30.6%).

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 Otsego County, place by place

RankPlaceRenters paying 30% or more of income
1Village of Richfield Springs67.3% (±26.5 points)
2Village of Unadilla51.4% (±23.6 points)
3Village of Morris51.1% (±46.0 points)
4Village of Otego42.6% (±22.7 points)
5Village of Gilbertsville40.0% (±100.0 points)
6Village of Laurens29.2% (±28.8 points)
7Village of Cherry Valley28.6% (±106.1 points)

Showing 7 of 9 places in Otsego County, ranked from highest to lowest.

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 Richfield Springs

Are renters in the Village of Richfield Springs rent-burdened?

67.3% of renting households in the Village of Richfield Springs 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 Richfield Springs spend on rent?

The median renting household in the Village of Richfield Springs, NY spends 36.1% (±6.0 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 Richfield Springs village, New York (place:61489, 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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