What percentage of people rent in the Village of Waterloo, NY?

31.3% (±8.3 points) of the occupied homes in the Village of Waterloo, NY are rented (2020–2024 American Community Survey).

That is 657 renting households against 1,440 that own their home.

In the Village of Waterloo, the share of households that rent went from 23.5% in 2015–2019 to 31.3% in 2020–2024 (+7.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
31.3% (±8.3 points)
Renting households
657 (±202)
Median renter income
$32,964 (±$21,028)

Who rents and who owns in the Village of Waterloo

Tenure, estimate (90% margin of error)
Village of WaterlooSeneca CountyNew YorkUnited States
Renter-occupied share31.3% (±8.3 points)29.0% (±2.5 points)45.7% (±0.2 points)34.8%
Renting households657 (±202)3,952 (±356)3,525,661 (±12,362)45,017,354
Owning households1,440 (±181)9,654 (±348)4,196,985 (±19,607)84,210,142
Average renter household size1.6 (±0.3)2.0 (±0.1)2.3 (±0.0)2.3
Average owner household size2.3 (±0.2)2.4 (±0.1)2.7 (±0.0)2.6
Median renter household income$32,964 (±$21,028)$43,421 (±$7,346)$57,803 (±$395)$52,966
Median owner household income$69,400 (±$18,166)$79,635 (±$4,425)$114,563 (±$568)$100,009

In the Village of Waterloo, the renter share is not measurably different from Seneca County (29.0%).

It is also lower than in New York (45.7%).

It is not measurably different from the national figure (34.8%).

In Seneca County, the Village of Waterloo ranks 3 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 264 of 532.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in the Village of Waterloo has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent23.5% (±6.2 points)31.3% (±8.3 points)+7.8 percentage pointsNot a measurable change
Median gross rent$767 (±$158)$927 (±$49)+20.9%No measurable change after inflation
Median household income$59,154 (±$5,352)$51,642 (±$9,016)−12.7%Down 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 Waterloo

Nearest places with a published estimate, compared with the Village of Waterloo
PlaceDistanceHouseholds that rentCompared with this place
Village of Waterloo—31.3% (±8.3 points)—
Town of Waterloo2.9 mi34.3% (±5.9 points)Not measurably different
Seneca Falls (community)3.2 mi38.5% (±6.2 points)Not measurably different
Town of Seneca Falls3.6 mi36.0% (±5.2 points)Not measurably different
Town of Fayette4.3 mi17.9% (±7.0 points)Lower
Town of Junius5.3 mi10.2% (±4.4 points)Lower
Village of Cayuga6.7 mi17.5% (±10.1 points)Lower
Town of Tyre6.8 mi20.8% (±6.9 points)Not measurably different
Geneva (Ontario County)7.0 mi48.3% (±4.2 points)Higher

Nearby places with a measurably lower figure: Town of Fayette, NY (17.9%), Town of Junius, NY (10.2%), Village of Cayuga, NY (17.5%).

Nearby places with a measurably higher figure: Geneva (Ontario County), NY (48.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Seneca County, place by place

RankPlaceHouseholds that rent
1Village of Ovid40.4% (±15.7 points)
2Village of Interlaken35.4% (±9.2 points)
3Village of Waterloo31.3% (±8.3 points)
4Village of Lodi12.6% (±10.3 points)

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 Waterloo

How many renters are there in the Village of Waterloo?

The Village of Waterloo has an estimated 657 (±202) renting households, 31.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in the Village of Waterloo?

In the Village of Waterloo, the share of households that rent went from 23.5% in 2015–2019 to 31.3% in 2020–2024 (+7.8 percentage points), not a measurable change.

How big are renting households in the Village of Waterloo?

A renting household in the Village of Waterloo has 1.6 people on average, against 2.3 in an owned home.

How much do renters earn in the Village of Waterloo?

The median renting household in the Village of Waterloo, NY has an income of $32,964 (±$21,028) a year, against $69,400 for households that own their home.

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 Waterloo village, New York (place:78553, 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.

Request a Census API 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 .

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