Living in Latham, New York
Cost of living, income, home prices, rent and demographics of Latham · Census data 2020–2024
Latham has 13,802 residents with a median age of 41.7. The median household income is $104,899 (22% higher than the New York median), the median home value is $326,900, the median rent is $1,472/month.
Latham at a glance
- Population
- 13,802
- Median age
- 41.7State: 39.8
- Median household income
- $104,899State: $85,974
- Median home value
- $326,900State: $423,800
- Median rent
- $1,472/moState: $1,621
- Homeowners
- 62.4%
- Bachelor's degree or higher
- 48.4%
- Average commute
- 21 min
Is Latham a good place to live?
Pros: Median household income 22% higher than the New York median; home values 23% lower than the state median; an average commute of 21 minutes; unemployment of 2.5%; a poverty rate of 9%.
The weather is best in May–June and August–September.
Cost of living in Latham
Housing is the biggest part of the cost of living. In Latham the median home value is $326,900, about the same as the U.S. median. Renters pay a median of $1,472 per month, which is 23.9% of household income. Homeowners with a mortgage pay $2,069 a month in housing costs.
Latham median household income
The median household income in Latham is $104,899 and the income per person is $53,400. 9% of residents live below the poverty line (New York: 14%).
Housing in Latham: homes for sale and rent
- Housing units
- 6,055
- Owner-occupied
- 62.4%
- Renter-occupied
- 37.6%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.33
Latham demographics
- Population
- 13,802
- Median age
- 41.7
- Under 18
- 18.4%
- 65 and older
- 20.1%
- Households
- 5,793
- Foreign-born
- 13.4%
- Veterans
- 6.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Latham ›
Education in Latham
48.4% of adults 25 and older in Latham have a bachelor's degree or higher (New York: 40.2%), and 22.8% have a graduate or professional degree.
Jobs and commute in Latham
- Unemployment rate
- 2.5%State: 6.4%
- Average commute
- 21 minState: 33 min
- Work from home
- 17%
- Drive alone
- 68.5%
- Public transit
- 0.4%
- Walk to work
- 3.2%
- Homes with broadband
- 94.4%
Latham vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Latham | 13,802 | $104,899 | $326,900 | $1,472 |
| Loudonville | 10,527 | $142,829 | $391,200 | $1,829 |
| Watervliet | 10,287 | $57,919 | $179,700 | $1,083 |
| Green Island | 2,970 | $59,406 | $138,300 | $1,084 |
| Cohoes | 18,159 | $61,145 | $223,400 | $1,251 |
| Menands | 4,505 | $80,583 | $271,300 | $1,414 |
| Troy | 51,033 | $58,477 | $206,500 | $1,175 |
| Roessleville | 10,968 | $96,058 | $264,500 | $1,416 |
| Colonie | 7,702 | $103,983 | $285,400 | $1,570 |
More for people moving to Latham
Latham ZIP code ›Weather and climate ›Living in Latham: FAQ
What is the median household income in Latham, NY?
The median household income in Latham is $104,899, 22% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Latham?
The median home value in Latham is $326,900, compared with $423,800 in New York.
How much is rent in Latham?
The median gross rent in Latham is $1,472 per month, about 23.9% of household income.
Is Latham, NY a good place to live?
Pluses: median household income 22% higher than the New York median; home values 23% lower than the state median; an average commute of 21 minutes; unemployment of 2.5%; a poverty rate of 9%.
What is the median age in Latham?
The median age in Latham is 41.7 years (New York: 39.8).
How long is the commute in Latham?
The average commute to work in Latham is 21 minutes; 17% of workers work from home.
What is the unemployment rate in Latham?
The unemployment rate in Latham is 2.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Latham?
48.4% of adults in Latham have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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