The published income-needed indicator for New York stands at $208,813. It covers the housing share of the question, not what it takes to live comfortably, which no dataset defines. The metro income-needed indicator changed 5.38% year over year. The median tracked ZIP in New York has a typical home value of $767,944 and typical rent of $3,136 per month. Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9.
Key stats
- The metro income-needed indicator changed 5.38% year over year.
- The median tracked ZIP in New York has a typical home value of $767,944 and typical rent of $3,136 per month.
- Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 20.4.
- 42 of 173 tracked ZIPs (24%) show the current cooling flag.
- Tracked ZIP markets
- 173
- Median ZIP home value
- $767,944
- Median ZIP rent
- $3,136
- income needed change
- The metro income-needed indicator changed 5.38% year over year.
- housing cost spread
- Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9.
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 20.4.
The income this metro asks for
The published income-needed indicator for New York stands at $208,813. It covers the housing share of the question, not what it takes to live comfortably, which no dataset defines.
The metro income-needed indicator changed 5.38% year over year.
How far that income reaches
Across tracked ZIPs the typical home value runs from $259,983 in 10462 to $3,615,687 in 10013 — a factor of 13.9.
The same salary is comfortable in one tracked ZIP and short in another, which is why a single metro figure answers the question only halfway.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.