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
| Share of income spent on rent | Village of Richfield Springs | Otsego County | New York | United 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 more | 55.5% (±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
| Village of Richfield Springs | Otsego County | New York | United States | |
|---|---|---|---|---|
| Paying 30% or more | 67.3% (±26.5 points) | 44.0% (±6.4 points) | 52.1% (±0.4 points) | 51.1% |
| Paying 35% or more | 55.5% (±22.5 points) | 33.9% (±5.5 points) | 43.1% (±0.3 points) | 41.9% |
| Median share of income | 36.1% (±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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Village of Richfield Springs | — | 67.3% (±26.5 points) | — |
| Town of Richfield | 3.1 mi | 39.1% (±18.0 points) | Not measurably different |
| Town of Warren | 4.0 mi | 19.7% (±18.3 points) | Lower |
| Town of Exeter | 6.0 mi | 0.0% (±141.4 points) | Not measurably different |
| Town of Columbia | 6.0 mi | 20.0% (±19.5 points) | Lower |
| Town of Springfield | 6.2 mi | 21.6% (±61.4 points) | Not measurably different |
| Town of Otsego | 6.6 mi | 30.6% (±16.8 points) | Lower |
| Town of German Flatts | 9.0 mi | 40.8% (±13.5 points) | Not measurably different |
| Town of Winfield | 9.6 mi | 54.3% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Village of Richfield Springs | 67.3% (±26.5 points) |
| 2 | Village of Unadilla | 51.4% (±23.6 points) |
| 3 | Village of Morris | 51.1% (±46.0 points) |
| 4 | Village of Otego | 42.6% (±22.7 points) |
| 5 | Village of Gilbertsville | 40.0% (±100.0 points) |
| 6 | Village of Laurens | 29.2% (±28.8 points) |
| 7 | Village of Cherry Valley | 28.6% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richfield Springs village, New York
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Richfield Springs village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richfield Springs village, New York
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.
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 .
Related
- Housing in the Village of Richfield Springs at a glance
- Median rent in the Village of Richfield Springs
- Renters and owners in the Village of Richfield Springs
- Income and affordability in the Village of Richfield Springs
- Home values in the Village of Richfield Springs
- Homeowner costs in the Village of Richfield Springs
- Property taxes in the Village of Richfield Springs
- Types of homes in the Village of Richfield Springs
- Bedrooms in the Village of Richfield Springs
- Age of homes in the Village of Richfield Springs
- Heating fuel in the Village of Richfield Springs
- Commute and cars in the Village of Richfield Springs
- Population growth in the Village of Richfield Springs
- New York landlord and tenant rules
- Housing across Otsego County
- New York places ranked by rent burden
- Housing data for every place in New York