Amsterdam, NY

Amsterdam, NY is an evidence-limited decision frame, not a market verdict. The statistical area has a population of 49528, but the available record does not support relative placement. The 12-month Zillow rent change is unavailable because Zillow does not publish enough history to calculate it; consequently, this report assigns neither a score nor a rank and is intentionally unranked. That limitation matters because current rent and value levels can describe conditions without establishing rent momentum. For a renter, landlord, or small investor, the immediate issue is separating direct measures of rental economics, affordability boundaries, supply records, demand participation, and risk-related costs from the questions those measures cannot answer.

At 2026-06-30, Zillow's home-value index is 217497.0 and its asking-rent index is 1228.0. Zillow also reports price_yoy of 0.0219 and gross_yield of 0.0677. Within Zillow's stated scope, these are home-value and asking-rent indexes, so they give a dated view of level economics rather than a lease ledger or an expense statement. The useful tension is that a value-change measure is present while the comparable trailing-12-month rent change is not. The gross-yield measure puts current rent and value in relation, but as a gross measure it does not establish operating costs, net income, or rent momentum. Neither a rent-growth conclusion nor an investment return conclusion follows from these figures alone.

Census ACS supplies a median household income of 64943.0, alongside a rent_to_income measure of 0.2269 and price_to_income of 3.35. HUD's FY2026 two-bedroom Fair Market Rent is 1102.0, while Zillow's asking-rent index has rent_vs_fmr2 of 1.114. These figures form an affordability boundary, not a household-level finding: Census ACS is household-income context, HUD is a Fair Market Rent benchmark, and Zillow measures an asking-rent index. Their definitions and coverage differ. The comparison therefore does not establish tenant burden, program eligibility, lease affordability, or how rents are distributed across the market. It identifies the questions requiring records with matching household, unit, and rent definitions.

BLS, using LAUS, records metro labor change of 0.0105 over the 12m to 2026-05. Census Building Permits Survey, a measure of new permitted housing supply, reports permits_total of 32.0 through 2026 YTD M06, permits_5p of 0.0, permits_per_1k of 0.65, and permits_pct_5p of 0.0. Permits are not completions or occupied units. Redfin, by contrast, records for-sale conditions at 2026-05-01: months_supply is 3.3 against months_supply_prior of 3.5; median_dom is 37.0 against 33.0; sale_to_list is 0.9869; and price_drops is 0.314 against 0.3782. Lower listed months of supply and a lower price-drop measure coincide with longer market time. That internal tension does not resolve whether listings, buyers, or property mix account for the readings, and Redfin's for-sale evidence is not rental inventory.

IRS county-to-county tax-return migration, aggregated to the market, shows moved_in of 1250 and moved_out of 1233, yielding the supplied net_migration of 17. The reported agi_in is 49127.0, agi_out is 48273.0, and agi_gap is 854.0. These aggregate flows and income figures distinguish direction and reported income gap, but do not identify incoming renters, prospective buyers, or the tenure decisions of individual filers. HMDA's 2024 purchase-mortgage occupancy evidence reports purchases_total of 395, purchases_investor of 40, and investor_share of 0.1013. HMDA is therefore a distinct financing-and-occupancy lens, not a census of all market transactions; it cannot connect specific IRS movers to borrower behavior or describe cash activity outside its purchase-mortgage evidence.

FEMA's National Risk Index contributes expected annual loss evidence rather than a location-specific loss record. The climate_loss_ratio is 0.00171, the nri_risk_score is 65.2, and the designated top hazard is inland_flood, classified as water. This flags a market-level risk dimension that the rent, value, migration, and permit series do not measure. It does not locate exposure within the area, document a particular event, or establish the cost attached to any address. Cost-level evidence is notably thinner: the packet supplies no numeric insurance premium, property tax, repair, utility, mitigation, realized-loss, or operating-expense figure. Accordingly, FEMA's expected-loss evidence and Zillow's gross_yield cannot be converted here into a net-cost or net-return result.

Taken together, the record is deliberately nonconvergent. Zillow provides current asking-rent and home-value economics but no rent-momentum measure; Census ACS and HUD place those levels beside income and Fair Market Rent definitions; BLS, Census Building Permits, and Redfin separate labor change, permitted supply, and for-sale listing friction; IRS and HMDA distinguish aggregate movement from mortgage-based investor participation; and FEMA defines a risk question without an expense schedule. The next evidentiary questions are which rent and dwelling cohorts compose Zillow's index, how the relevant lease terms compare with the HUD benchmark, what becomes of the permitted supply, what listing composition underlies Redfin's mixed signals, and what cost or site records contextualize FEMA. Until those issues are resolved, the unavailable 12-month Zillow rent change means this report has no score or rank.