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Chemung County Housing Market

New York · 62 counties · Ranked #836 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$132,100

vs national$132,100 vs $281,900 national

Median Gross Rent

$1,020/mo

vs national$1,020 vs $1,163 national

Effective Tax Rate

2.52%

vs national+2.52% vs 1.02% national

Median Household Income

$63,469

vs national$63,469 vs $74,755 national

Affordability Ratio

2.1x

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

Rent Burden

31.0%

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

More Housing Data

Property Tax (Median)

$3,332

Tax as % of Home Value

2.52%

Monthly Owner Cost

$952

Renter Income

$34,853

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Frequently Asked Questions

What is the median home value in Chemung County?

The median home value in Chemung County is $132,100. This is below the national median of $281,900.

How much is rent in Chemung County?

The median gross rent in Chemung County is $1,020 per month.

What is the property tax rate in Chemung County?

The effective property tax rate in Chemung County is 2.52%. The median annual property tax bill is $3,332.

Is Chemung County affordable?

With a home-value-to-income ratio of 2.1x, Chemung 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.