New York · Census place 04253
Ballston Spa village, NY
Quick answer
Ballston Spa village has 5,080 residents, ranking #354 of 1292 places in New York. Median household income is $82,341, the median home is worth $281,600 and median gross rent runs $1,075 a month.
- Population
- 5,080Ballston Spa village residents
- Median household income
- $82,341Past 12 months, inflation adjusted
- Median home value
- $281,600Owner-occupied units
- Median gross rent
- $1,075Rent plus utilities, monthly
- Median age
- 42.2 yrsAll residents
- Homeownership rate
- 60.6%Owner-occupied households
What the numbers mean in Ballston Spa village
Housing cost measured against local earnings.
A household earning the Ballston Spa village median would spend about 15.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.4% of residents and 60.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New York.
- Saranac Lake village 5,099
- Carle Place CDP 5,094
- Liberty village 5,083
- Hamlin CDP 5,041
- Sea Cliff village 5,037
- Ardsley village 5,005
- Clarkson CDP 5,002
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