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Rental Insights for ZIP Code 14870 (Painted Post, NY)

Housing Rentals in ZIP Code 14870 (Painted Post, NY)

14870 ZIP Code in New York

Information for Renters in ZIP Code 14870

ZIP Code 14870 is predominantly located in Painted Post, NY in Steuben County. This New York region has an estimated median housing rent of $920 per month. About 29.9% of all housing units in this Steuben County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 4.5%.

The median rent in ZIP Code 14870 of $920 per month is 28% lower than the aggregate New York median monthly rent of $1,280, and is 13% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 40.2% of residents in ZIP Code 14870 have a monthly rent payment between $1,000 and $1,499. That is 47% higher than in New York overall, in which 27.4% of total state residents pay between $1,000 and $1,499 per month for housing. Only 0.6% of renters in this Painted Post, NY region pay between $2,000 and $2,499 per month for rent.

ZIP Code 14870 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 14870

See the chart below for a comparison of monthly rental costs in ZIP Code 14870, New York, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 14870 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 14870

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

Cost ZIP 14870 New York U.S.
Less than $500 20.0% 10.6% 9.4%
$500 to $999 33.7% 23.6% 36.2%
$1,000 to $1,499 40.2% 27.4% 30.0%
$1,500 to $1,999 5.5% 18.9% 14.0%
$2,000 to $2,499 0.6% 9.1% 5.6%
$2,500 to $2,999 0.0% 4.4% 2.4%
$3,000 or more 0.0% 6.0% 2.4%

Rent Cost vs. Income in ZIP Code 14870

Renters in ZIP Code 14870 use an estimated 24.4% of their income to cover their monthly rent payments. That is about 19% 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 14870 renters use about 18% less of their income to cover rent expense. Household income figures for ZIP Code 14870 come in higher than in New York as a whole. The median annual household income in ZIP Code 14870 of $68,706 sits approximately 0% higher than the overall New York median income of $68,486 and approximately 9% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 14870

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 14870, 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 14870 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 14870

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

Rent Cost as % of Income ZIP 14870 New York U.S.
Less than 15.0 percent 28.8% 13.9% 13.1%
15.0 to 19.9 percent 18.6% 11.6% 12.9%
20.0 to 24.9 percent 10.3% 11.6% 12.9%
25.0 to 29.9 percent 7.5% 10.7% 11.6%
30.0 to 34.9 percent 8.6% 9.1% 9.1%
35.0 percent or more 26.1% 43.1% 40.5%

Household Income in ZIP Code 14870

See the table below for the regional comparison of annual household income in ZIP Code 14870.

Income ZIP 14870 New York U.S.
Less than $10,000 5.5% 6.6% 6.0%
$10,000 to $14,999 2.4% 4.8% 4.3%
$15,000 to $24,999 6.7% 8.5% 8.9%
$25,000 to $34,999 8.0% 7.9% 8.9%
$35,000 to $49,999 13.3% 10.6% 12.3%
$50,000 to $74,999 16.6% 15.2% 17.2%
$75,000 to $99,999 11.2% 12.0% 12.7%
$100,000 to $149,999 21.0% 15.7% 15.1%
$150,000 to $199,999 8.5% 8.1% 6.8%
$200,000 or more 6.9% 10.7% 7.7%

Household Income in ZIP Code 14870

See the chart below for a comparison of annual household income figures in ZIP Code 14870, New York, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 14870 alongside the same figures for the state of New York and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 14870

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 14870.

ZIP 14870 New York U.S.
Median Housing Rent $920 $1,280 $1,062
Renter-Occupied Housing Units 29.9% 46.1% 36.0%
Rental Vacancy Rate 4.5% 4.2% 6.0%
Average Size of Renter-Occupied Unit 1.76 2.41 2.49
Average # of Bedrooms Per Unit 2.8 2.48 2.75
Percent of Income Spent on Rent 24.4% 30.25% 29.83%
Per Capita Income $40,829 $39,326 $34,103
Median Household Income $94,454 $101,945 $88,607
Living Below the Poverty Line 6.9% 10.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 14870

In ZIP Code 14870 (Painted Post, NY), and estimated 29.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.5%.

The per capita income in 14870 is estimated at $40,829, which goes along with an estimated median household income of $94,454. About 6.9% of residents in this Steuben County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.76 occupants, while the units have an aggregate average size of 2.8 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 24.4% of their income on housing rental costs.

Rental FAQs for ZIP Code 14870

1

What is the median monthly rent in ZIP Code 14870?

Median rent for housing in ZIP Code 14870 in Steuben County in New York is approximately $920 per month.
2

Is it expensive to rent in ZIP Code 14870?

Rent in ZIP Code 14870 is lower than average in the state of New York overall. The median monthly rent of $920 in ZIP Code 14870 is approximately 28% lower than the New York median of $1,280. Additionally, median rent in this Painted Post, NY region ($920) is about 13% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 14870?

High-priced rentals are not common in the Painted Post, NY ZIP Code of 14870, 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 14870?

Affordable rentals are more common in ZIP Code 14870 than in New York overall. The percentage of housing rentals in ZIP Code 14870 costing $999 or less per month (53.7%) is approximately 57% 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 18% lower than the previously mentioned 14870 rate of 53.7%.
5

What is the most common cost range that rentals fall into in ZIP Code 14870?

The most common range for rental cost in ZIP Code 14870 is between $1,000 and $1,499 per month. About 40.2% of renters in 14870 pay in this range for monthly rent. In comparison, approximately 27.4% of renters in the state of New York fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 14870 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 14870 is higher than the rental vacancy rate in the state of New York overall. Rental vacancy of 4.5% in ZIP Code 14870 is about 7% higher than the New York rate of 4.2%. Looking more broadly, rental vacancy in this Painted Post, NY region (4.5%) is an estimated 25% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 14870? How does it compare to other New York regions?

Median household income in ZIP Code 14870 is higher than in the state of New York overall. Annual household income of $68,706 in ZIP Code 14870 is about 0% higher than the New York median of $68,486. Additionally, median household income in this Painted Post, NY region ($68,706) is approximately 9% higher 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 14870 spend on housing costs?

Renters in ZIP Code 14870 spend a lower amount of their income on rent costs than do renters in New York overall. Renters in ZIP Code 14870 spend an estimated 24.4% of their income on rent payments, which is about 19% 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 18% higher than the ZIP Code 14870 estimated rate of 24.4%.
9

Do renters in ZIP Code 14870 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 14870 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 14870 spending 30 percent or more of their income on rent costs (34.7%) is approximately 34% 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 30% higher than the aforementioned 14870 rate of 34.7%.
10

What is the average household size of renter-occupied units in ZIP Code 14870?

The average household size of renter-occupied units in ZIP Code 14870 is lower than in the state of New York overall. Annual household size of 1.76 in ZIP Code 14870 is about 27% lower than the New York median of 2.41. Additionally, median household size in this Painted Post, NY region (1.76) is approximately 29% lower than median household size of 2.49 in the U.S. as a whole.

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