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Herkimer County Housing Market

New York · 62 counties · Ranked #875 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$135,000

vs national$135,000 vs $281,900 national

Median Gross Rent

$811/mo

vs national$811 vs $1,163 national

Effective Tax Rate

2.27%

vs national+2.27% vs 1.02% national

Median Household Income

$68,858

vs national$68,858 vs $74,755 national

Affordability Ratio

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$3,067

Tax as % of Home Value

2.27%

Monthly Owner Cost

$875

Renter Income

$36,757

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Mortgage

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Herkimer County?

The median home value in Herkimer County is $135,000. This is below the national median of $281,900.

How much is rent in Herkimer County?

The median gross rent in Herkimer County is $811 per month.

What is the property tax rate in Herkimer County?

The effective property tax rate in Herkimer County is 2.27%. The median annual property tax bill is $3,067.

Is Herkimer County affordable?

With a home-value-to-income ratio of 2x, Herkimer 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.