Home/New York/Bronx County

Bronx County Housing Market

New York · 62 counties · Ranked #3042 in home value

Above National Avg

Housing at a Glance

Median Home Value

$517,000

vs national+$517,000 vs $281,900 national

Median Gross Rent

$1,436/mo

vs national+$1,436 vs $1,163 national

Effective Tax Rate

1.03%

vs national+1.03% vs 1.02% national

Median Household Income

$49,036

vs national$49,036 vs $74,755 national

Affordability Ratio

10.5x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

35.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$5,310

Tax as % of Home Value

1.03%

Monthly Owner Cost

$1,777

Renter Income

$40,815

Frequently Asked Questions

What is the median home value in Bronx County?
The median home value in Bronx County is $517,000. This is above the national median of $281,900.
How much is rent in Bronx County?
The median gross rent in Bronx County is $1,436 per month.
What is the property tax rate in Bronx County?
The effective property tax rate in Bronx County is 1.03%. The median annual property tax bill is $5,310.
Is Bronx County affordable?
With a home-value-to-income ratio of 10.5x, Bronx County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.