New York Affordability
How affordable is New York real estate?
Public Record + Census ACS
Median Home Price
$880.3K
Median Household Income
$81,386
Affordability Index
10.82
vs National Avg
+58.7%
Cities in New York by Affordability
| # | City | Median Price | Index |
|---|---|---|---|
| 1 | Johnson City | $152.8K | 1.88 |
| 2 | Utica | $157.8K | 1.94 |
| 3 | Auburn | $174K | 2.14 |
| 4 | Lockport | $185.4K | 2.28 |
| 5 | Troy | $217.7K | 2.67 |
| 6 | Carthage | $223.2K | 2.74 |
| 7 | Syracuse | $233K | 2.86 |
| 8 | Rochester | $233.2K | 2.87 |
| 9 | Watertown | $252.4K | 3.10 |
| 10 | Buffalo | $284.6K | 3.50 |
| 11 | Rensselaer | $307.7K | 3.78 |
| 12 | Schenectady | $313.6K | 3.85 |
| 13 | Cohoes | $317.7K | 3.90 |
| 14 | Albany | $318.3K | 3.91 |
| 15 | Ithaca | $373.9K | 4.59 |
| 16 | Queensbury | $397.6K | 4.89 |
| 17 | Baldwinsville | $409.2K | 5.03 |
| 18 | Malta | $428.8K | 5.27 |
| 19 | Coram | $511.2K | 6.28 |
| 20 | Forest Hills | $598.7K | 7.36 |
| 21 | Hempstead | $638.5K | 7.85 |
| 22 | Bronx | $699.7K | 8.60 |
| 23 | Staten Island | $704.1K | 8.65 |
| 24 | Westbury | $756.7K | 9.30 |
| 25 | Flushing | $883.7K | 10.86 |
| 26 | Jamaica | $885.4K | 10.88 |
| 27 | Brooklyn | $1.22M | 14.98 |
| 28 | Manhattan | $1.75M | 21.49 |
| 29 | New York | $2.61M | 32.09 |
| 30 | East Hampton | $3.06M | 37.64 |
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.