How many renters in the Village of Saranac Lake, NY pay more than 30% of their income on rent?
35.9% (±11.3 points) of renting households in the Village of Saranac Lake, NY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
20.7% spend 35% or more.
The median renting household spends 24.5% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 35.9% (±11.3 points)
- Paying 35% or more
- 20.7% (±6.9 points)
- Median share of income
- 24.5% (±2.7 points)
Rent as a share of income in the Village of Saranac Lake
| Share of income spent on rent | Village of Saranac Lake | Franklin County | New York | United States |
|---|---|---|---|---|
| Less than 15% | 16.6% (±5.7 points) | 23.3% | 14.0% | 12.6% |
| 15% to 19.9% | 14.9% (±7.3 points) | 14.1% | 11.7% | 12.2% |
| 20% to 24.9% | 20.5% (±7.9 points) | 14.8% | 11.5% | 12.6% |
| 25% to 29.9% | 12.1% (±6.1 points) | 10.3% | 10.7% | 11.5% |
| 30% to 34.9% | 15.2% (±9.0 points) | 8.6% | 9.0% | 9.2% |
| 35% or more | 20.7% (±6.9 points) | 28.9% | 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 Saranac Lake against Franklin County, its state and the nation
| Village of Saranac Lake | Franklin County | New York | United States | |
|---|---|---|---|---|
| Paying 30% or more | 35.9% (±11.3 points) | 37.5% (±6.3 points) | 52.1% (±0.4 points) | 51.1% |
| Paying 35% or more | 20.7% (±6.9 points) | 28.9% (±5.2 points) | 43.1% (±0.3 points) | 41.9% |
| Median share of income | 24.5% (±2.7 points) | 24.2% (±2.0 points) | 31.2% (±0.3 points) | 30.6% |
| Median renter household income | $42,336 (±$9,841) | $38,729 (±$4,087) | $57,803 (±$395) | $52,966 |
| Median gross rent | $853 (±$29) | $843 (±$22) | $1,621 (±$7) | $1,413 |
In the Village of Saranac Lake, the share of renters paying 30% or more of income is not measurably different from Franklin County (37.5%).
It is also lower than in New York (52.1%).
It is lower than the national figure (51.1%).
In Franklin County, the Village of Saranac Lake ranks 3 of 6 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 403 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 Saranac Lake
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Village of Saranac Lake | — | 35.9% (±11.3 points) | — |
| Town of St. Armand | 7.0 mi | 4.3% (±26.4 points) | Lower |
| Village of Lake Placid | 7.7 mi | 62.9% (±16.3 points) | Higher |
| Town of Harrietstown | 8.3 mi | 33.7% (±12.3 points) | Not measurably different |
| Town of North Elba | 9.3 mi | 54.2% (±12.5 points) | Higher |
| Town of Brighton (Franklin County) | 11 mi | 16.0% (±40.6 points) | Not measurably different |
| Town of Wilmington | 12 mi | 26.5% (±41.9 points) | Not measurably different |
| Town of Franklin (Franklin County) | 14 mi | 25.6% (±58.7 points) | Not measurably different |
| Town of Santa Clara | 17 mi | 0.0% (±119.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Town of St. Armand, NY (4.3%).
Nearby places with a measurably higher figure: Village of Lake Placid, NY (62.9%), Town of North Elba, NY (54.2%).
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 Franklin County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Village of Burke | 66.7% (±91.4 points) |
| 2 | Village of Chateaugay | 47.6% (±20.9 points) |
| 3 | Village of Saranac Lake | 35.9% (±11.3 points) |
| 4 | Village of Malone | 31.0% (±14.2 points) |
| 5 | Village of Tupper Lake | 26.4% (±13.2 points) |
| 6 | Village of Brushton | 7.8% (±11.0 points) |
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 Saranac Lake
Are renters in the Village of Saranac Lake rent-burdened?
35.9% of renting households in the Village of Saranac Lake 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 Saranac Lake spend on rent?
The median renting household in the Village of Saranac Lake, NY spends 24.5% (±2.7 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Saranac Lake village, New York
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Saranac Lake village, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Saranac Lake 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 Saranac Lake village, New York (place:65233, 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 Saranac Lake at a glance
- Median rent in the Village of Saranac Lake
- Rent by bedrooms in the Village of Saranac Lake
- Renters and owners in the Village of Saranac Lake
- Income and affordability in the Village of Saranac Lake
- Home values in the Village of Saranac Lake
- Homeowner costs in the Village of Saranac Lake
- Property taxes in the Village of Saranac Lake
- Types of homes in the Village of Saranac Lake
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- Age of homes in the Village of Saranac Lake
- Heating fuel in the Village of Saranac Lake
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- Crime reported to police in the Village of Saranac Lake
- Population growth in the Village of Saranac Lake
- How long people stay in the Village of Saranac Lake
- Crowding and facilities in the Village of Saranac Lake
- New York landlord and tenant rules
- Housing across Franklin County
- New York places ranked by rent burden
- Housing data for every place in New York