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Broome County Housing Market

New York · 62 counties · Ranked #1057 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$145,100

vs national$145,100 vs $281,900 national

Median Gross Rent

$914/mo

vs national$914 vs $1,163 national

Effective Tax Rate

2.64%

vs national+2.64% vs 1.02% national

Median Household Income

$61,059

vs national$61,059 vs $74,755 national

Affordability Ratio

2.4x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$3,824

Tax as % of Home Value

2.64%

Monthly Owner Cost

$983

Renter Income

$34,337

Frequently Asked Questions

What is the median home value in Broome County?
The median home value in Broome County is $145,100. This is below the national median of $281,900.
How much is rent in Broome County?
The median gross rent in Broome County is $914 per month.
What is the property tax rate in Broome County?
The effective property tax rate in Broome County is 2.64%. The median annual property tax bill is $3,824.
Is Broome County affordable?
With a home-value-to-income ratio of 2.4x, Broome County is considered affordable 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.