New York · Census place 61159
Rensselaer Falls village, NY
Quick answer
Rensselaer Falls village has 350 residents, ranking #1129 of 1292 places in New York. Median household income is $80,625, the median home is worth $73,600 and median gross rent runs $925 a month.
- Population
- 350Rensselaer Falls village residents
- Median household income
- $80,625Past 12 months, inflation adjusted
- Median home value
- $73,600Owner-occupied units
- Median gross rent
- $925Rent plus utilities, monthly
- Median age
- 34.4 yrsAll residents
- Homeownership rate
- 83.8%Owner-occupied households
What the numbers mean in Rensselaer Falls village
Housing cost measured against local earnings.
A household earning the Rensselaer Falls village median would spend about 13.8% 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 0.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6% of residents and 83.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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