Renters Local

Rental Insights for ZIP Code 14847 (Interlaken, NY)

Housing Rentals in ZIP Code 14847 (Interlaken, NY)

14847 ZIP Code in New York

Information for Renters in ZIP Code 14847

ZIP Code 14847 is predominantly located in Interlaken, NY in Seneca County. This New York region has an estimated median housing rent of $635 per month. About 25.1% of all housing units in this Seneca County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 6.9%.

The median rent in ZIP Code 14847 of $635 per month is 50% lower than the aggregate New York median monthly rent of $1,280, and is 40% lower than the $1,062 the median monthly rent in the U.S. overall. About 55.5% of residents in ZIP Code 14847 pay between $500 and $999 per month for rent. That is 135% higher than in New York overall, in which 23.6% of total state residents pay between $500 and $999 per month for housing. Only 0.9% of renters in this Interlaken, NY region pay between $2,500 and $2,999 per month for rent.

ZIP Code 14847 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 14847

See the chart below for a comparison of monthly rental costs in ZIP Code 14847, New York, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 14847 along with those in the state of New York and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 14847

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 14847 New York U.S.
Less than $500 24.1% 10.6% 9.4%
$500 to $999 55.5% 23.6% 36.2%
$1,000 to $1,499 15.0% 27.4% 30.0%
$1,500 to $1,999 4.5% 18.9% 14.0%
$2,000 to $2,499 0.0% 9.1% 5.6%
$2,500 to $2,999 0.9% 4.4% 2.4%
$3,000 or more 0.0% 6.0% 2.4%

Rent Cost vs. Income in ZIP Code 14847

Renters in ZIP Code 14847 use an estimated 26.83% of their income to cover their monthly rent payments. That is about 11% lower than in New York overall. The estimate for New York overall is 30.25% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 14847 renters use about 10% less of their income to cover rent expense. Household income figures for ZIP Code 14847 come in lower than in New York as a whole. The median annual household income in ZIP Code 14847 of $53,365 sits approximately 22% lower than the overall New York median income of $68,486 and approximately 15% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 14847

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 14847, New York, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 14847 along with the same calculations in the state of New York and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 14847

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 14847 New York U.S.
Less than 15.0 percent 18.6% 13.9% 13.1%
15.0 to 19.9 percent 4.1% 11.6% 12.9%
20.0 to 24.9 percent 23.6% 11.6% 12.9%
25.0 to 29.9 percent 16.8% 10.7% 11.6%
30.0 to 34.9 percent 13.2% 9.1% 9.1%
35.0 percent or more 23.6% 43.1% 40.5%

Household Income in ZIP Code 14847

See the table below for the regional comparison of annual household income in ZIP Code 14847.

Income ZIP 14847 New York U.S.
Less than $10,000 4.6% 6.6% 6.0%
$10,000 to $14,999 3.2% 4.8% 4.3%
$15,000 to $24,999 10.6% 8.5% 8.9%
$25,000 to $34,999 14.7% 7.9% 8.9%
$35,000 to $49,999 13.8% 10.6% 12.3%
$50,000 to $74,999 22.2% 15.2% 17.2%
$75,000 to $99,999 16.1% 12.0% 12.7%
$100,000 to $149,999 11.5% 15.7% 15.1%
$150,000 to $199,999 1.4% 8.1% 6.8%
$200,000 or more 2.0% 10.7% 7.7%

Household Income in ZIP Code 14847

See the chart below for a comparison of annual household income figures in ZIP Code 14847, New York, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 14847 alongside the same figures for the state of New York and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 14847

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 14847.

ZIP 14847 New York U.S.
Median Housing Rent $635 $1,280 $1,062
Renter-Occupied Housing Units 25.1% 46.1% 36.0%
Rental Vacancy Rate 6.9% 4.2% 6.0%
Average Size of Renter-Occupied Unit 1.57 2.41 2.49
Average # of Bedrooms Per Unit 2.72 2.48 2.75
Percent of Income Spent on Rent 26.83% 30.25% 29.83%
Per Capita Income $27,506 $39,326 $34,103
Median Household Income $62,046 $101,945 $88,607
Living Below the Poverty Line 4.1% 10.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 14847

In ZIP Code 14847 (Interlaken, NY), and estimated 25.1% of housing units are occupied by renters. This region has an approximate rental vacany rate of 6.9%.

The per capita income in 14847 is estimated at $27,506, which goes along with an estimated median household income of $62,046. About 4.1% of residents in this Seneca County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.57 occupants, while the units have an aggregate average size of 2.72 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 26.83% of their income on housing rental costs.

Rental FAQs for ZIP Code 14847

1

What is the median monthly rent in ZIP Code 14847?

Median rent for housing in ZIP Code 14847 in Seneca County in New York is approximately $635 per month.
2

Is it expensive to rent in ZIP Code 14847?

Rent in ZIP Code 14847 is lower than average in the state of New York overall. The median monthly rent of $635 in ZIP Code 14847 is approximately 50% lower than the New York median of $1,280. Additionally, median rent in this Interlaken, NY region ($635) is about 40% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 14847?

High-priced rentals are not common in the Interlaken, NY ZIP Code of 14847, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of New York overall, approximately 6.0% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 14847?

Affordable rentals are more common in ZIP Code 14847 than in New York overall. The percentage of housing rentals in ZIP Code 14847 costing $999 or less per month (79.6%) is approximately 133% higher than the New York rate of 34.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 75% lower than the previously mentioned 14847 rate of 79.6%.
5

What is the most common cost range that rentals fall into in ZIP Code 14847?

The most common range for rental cost in ZIP Code 14847 is between $500 and $999 per month. About 55.5% of renters in 14847 pay in this range for monthly rent. In comparison, approximately 23.6% of renters in the state of New York fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 14847 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 14847 is higher than the rental vacancy rate in the state of New York overall. Rental vacancy of 6.9% in ZIP Code 14847 is about 64% higher than the New York rate of 4.2%. Looking more broadly, rental vacancy in this Interlaken, NY region (6.9%) is an estimated 15% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 14847? How does it compare to other New York regions?

Median household income in ZIP Code 14847 is lower than in the state of New York overall. Annual household income of $53,365 in ZIP Code 14847 is about 22% lower than the New York median of $68,486. Additionally, median household income in this Interlaken, NY region ($53,365) is approximately 15% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 14847 spend on housing costs?

Renters in ZIP Code 14847 spend a lower amount of their income on rent costs than do renters in New York overall. Renters in ZIP Code 14847 spend an estimated 26.83% of their income on rent payments, which is about 11% lower than the overall New York estimated rate of 30.25%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 10% higher than the ZIP Code 14847 estimated rate of 26.83%.
9

Do renters in ZIP Code 14847 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 14847 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 14847 spending 30 percent or more of their income on rent costs (36.8%) is approximately 30% lower than the New York rate of 52.2% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 26% higher than the aforementioned 14847 rate of 36.8%.
10

What is the average household size of renter-occupied units in ZIP Code 14847?

The average household size of renter-occupied units in ZIP Code 14847 is lower than in the state of New York overall. Annual household size of 1.57 in ZIP Code 14847 is about 35% lower than the New York median of 2.41. Additionally, median household size in this Interlaken, NY region (1.57) is approximately 37% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other New York ZIP Codes