Home/New York/New York County

New York County Housing Market

New York · 62 counties · Ranked #3131 in home value

Above National Avg

Housing at a Glance

Median Home Value

$1,108,900

vs national+$1,108,900 vs $281,900 national

Median Gross Rent

$2,132/mo

vs national+$2,132 vs $1,163 national

Effective Tax Rate

0.90%

vs national0.90% vs 1.02% national

Median Household Income

$104,553

vs national+$104,553 vs $74,755 national

Affordability Ratio

10.6x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$10,001

Tax as % of Home Value

0.90%

Monthly Owner Cost

$2,642

Renter Income

$85,009

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$1,500+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in New York County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in New York County?

The median home value in New York County is $1,108,900. This is above the national median of $281,900.

How much is rent in New York County?

The median gross rent in New York County is $2,132 per month.

What is the property tax rate in New York County?

The effective property tax rate in New York County is 0.90%. The median annual property tax bill is $10,001.

Is New York County affordable?

With a home-value-to-income ratio of 10.6x, New York 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.