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Erie County Housing Market

New York · 62 counties · Ranked #2094 in home value

Below National Avg

Housing at a Glance

Median Home Value

$217,400

vs national$217,400 vs $281,900 national

Median Gross Rent

$1,037/mo

vs national$1,037 vs $1,163 national

Effective Tax Rate

2.08%

vs national+2.08% vs 1.02% national

Median Household Income

$71,175

vs national$71,175 vs $74,755 national

Affordability Ratio

3.1x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$4,525

Tax as % of Home Value

2.08%

Monthly Owner Cost

$1,125

Renter Income

$40,325

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Frequently Asked Questions

What is the median home value in Erie County?

The median home value in Erie County is $217,400. This is below the national median of $281,900.

How much is rent in Erie County?

The median gross rent in Erie County is $1,037 per month.

What is the property tax rate in Erie County?

The effective property tax rate in Erie County is 2.08%. The median annual property tax bill is $4,525.

Is Erie County affordable?

With a home-value-to-income ratio of 3.1x, Erie County is moderately 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.