Latham, NY Utility & Living Guide

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Tier 3 Location

Latham, NY Utility & Living Guide

Latham offers a suburban feel with convenient access to Albany and the natural beauty of upstate New York.

Last updated: June 25, 2026
Total Utilities$305/mo
1BR Rent$1200/mo
Sales Tax7.5%
COL Index105 (+5% above national average)
Family Score6/10
Median Home$320,000
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⚠️ Natural Hazard History — Latham
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

National Grid
🔥 Gas

$50/mo

National Grid
💧 Water

$45/mo

Town of Colonie Water District
🗑️ Garbage

$25/mo

Town of Colonie Department of Public Works
📶 Internet

$65/mo

Combined Average Overhead $305/month

Housing Market

Rent & Property
1 Bedroom$1200/mo
2 Bedrooms$1600/mo
3 Bedrooms$2100/mo
Median Home Price$320,000
Property Tax Rate1.2%
Avg Childcare/mo$1000

The housing market in Latham is competitive, with steady demand for single-family homes. Prices have risen moderately over the past few years due to its desirable location and good schools.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax7.5%
Property Tax Rate1.2%
<p>State 4% + County 3.5% + City 0%</p>

New York State income tax ranges from 4% to 8.82% depending on income level.

Family & Relocation

Family Vibe Score
6/10
Safety Index

50

Higher = safer
School Rating

6.5/10

GreatSchools avg
Avg Childcare

$1000/mo

City Pulse

Population Trend
+3% (growing)
Political Climate
Purple (mixed Democratic and Republican influence)
Business Momentum
Moderate with key industries in healthcare, education, and retail
Top Local Concerns
Property taxes, traffic congestion, school funding
🚌 Transit for Families

Public transit is limited, but CDTA buses are accessible with strollers. Sidewalks are generally well-maintained in residential areas.

🎡 Top Kid Attractions
  • 🎯
    Colonie Center Mall
  • 🎯
    The Crossings of Colonie Park
  • 🎯
    Latham Circle Mall

Best Neighborhoods for Families

The neighborhoods around Latham Farms and near Shaker Road are popular for families due to their proximity to schools and parks. Areas near the Crossings of Colonie offer easy access to outdoor activities.

Household Budget Calculator

Estimate your real monthly cost of living in Latham based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Residents must adhere to local zoning laws and obtain permits for home renovations. Snow removal from sidewalks is required within 24 hours of snowfall.

Latham is experiencing growth in healthcare and tech sectors, with new businesses opening near the Albany International Airport. Property values are rising due to increased demand for suburban living.

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📊 Latham — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income
$93,327
👤 Median Age
41.8
🏠 Homeownership Rate
66.2%
🔑 Renter Rate
33.8%
📉 Poverty Rate
3.8%
💼 Unemployment Rate
2.4%
📡 Internet Access
92.6%
🎓 College Educated
36.3%

☀️ Seasonal Utility Costs

Utility costs peak in winter due to heating needs, with gas bills often doubling. Summer sees moderate increases from air conditioning use.

🏛️ Local Tax Details

Key ZIP code level tax info: Property tax millage rates vary by school district, with Colonie Central School District at 1.2%. No local surtaxes specific to Latham.

👶 Family & Stroller Friendliness

7/10: Sidewalks are generally good, parks are accessible, but public transit options are limited for families with strollers.

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