Housing affordability index in New York

Housing affordability index in New York: puts one number on the housing question: 38.6% of the state's median household income goes to principal and interest on a median-priced home at today's rate.

30-year fixed rate used: 6.76% (observed 2026-09-10, FRED MORTGAGE30US).

Share of income

38.6%

principal + interest

Monthly payment

$2,767

on a $532,787 home

Median income

$86,050

households, ACS 5-year

Housing affordability index in New York: counties ranked, least affordable first
RankCountyShare of incomeMonthly P&I
1Kings County72.2%$4,494
2New York County68.9%$5,734
3Bronx County66.4%$2,604
4Queens County51.2%$3,520
5Richmond County41.3%$3,309
6Westchester County33.7%$3,215
7Rockland County31%$2,747
8Nassau County28.7%$3,292
9Suffolk County25%$2,549
10Tompkins County23.5%$1,373
11Ulster County23.3%$1,498
12Dutchess County23%$1,811
13Orange County22.9%$1,755
14Putnam County21.7%$2,191
15Columbia County21.6%$1,474
16Albany County20.9%$1,370
17Greene County20.3%$1,192
18Sullivan County20.2%$1,144
19Warren County20.1%$1,250
20Saratoga County19.7%$1,589
21Hamilton County19.1%$1,064
22Erie County18.1%$1,025
23Essex County17.3%$984
24Rensselaer County17.2%$1,199
25Delaware County17.1%$833
26Schenectady County17%$1,062
27Jefferson County16.8%$881
28Washington County16%$919
29Monroe County15.9%$949
30Otsego County15.8%$865
31Cayuga County15.7%$825
32Ontario County15.7%$1,001
33Yates County15.6%$830
34Niagara County15.4%$847
35Schuyler County15.4%$785
36Clinton County15.3%$858
37Onondaga County15.1%$898
38Broome County14.9%$723
39Oneida County14.8%$819
40Schoharie County14.8%$880
41Madison County14.7%$846
42Fulton County14.6%$738
43Cortland County14.2%$770
44Montgomery County14.2%$687
45Lewis County14.1%$759
46Livingston County14.1%$831
47Wyoming County13.7%$743
48Franklin County13.6%$684
49Genesee County13.6%$772
50Wayne County13.3%$789
51Chemung County13%$666
52Seneca County12.8%$686
53Tioga County12.8%$749
54Chautauqua County12.7%$576
55Oswego County12.6%$685
56Orleans County12.5%$635
57St. Lawrence County12.3%$596
58Chenango County12.2%$629
59Steuben County12.1%$628
60Herkimer County12%$680
61Cattaraugus County11.5%$546
62Allegany County9.9%$484

Methodology

Every county figure for New York uses the county's own median home value and median household income from the Census American Community Survey 5-year estimates, a 20% deposit, and the current 30-year fixed rate from FRED (MORTGAGE30US) amortised over 30 years.

The share shown is annualised principal and interest divided by median household income. Property tax, insurance and HOA dues are excluded so the comparison between counties stays like-for-like.

Counties without both a published home value and a published income are left out entirely rather than filled with an estimate, so the table is shorter than the county list in some states.

Sources: FRED series MORTGAGE30US, Freddie Mac Primary Mortgage Market Survey; U.S. Census Bureau, American Community Survey 5-year estimates. American Community Survey 5-year estimates, 2022.