Yonkers, NY
Westchester County · Pop. 211,569
Ranked #210 of 243 cities
22Crisis
Median Home Price
🏠$520K
3.0% YoY
Median Rent
🔑$1,800
2.5% YoY
Median Income
💰$68K
Rent Burden
📊33.5%
% of income to rent
Income to Buy
🏦$149K
annual income needed
Income to Rent
📝$72K
annual income needed
Price-to-Income
⚖️7.6x
Homeownership
🏡42.0%
Rent vs. Buy
Buy
$2,768/mo
Est. mortgage (7%, 20% down)
Need $149K/yr income
Rent
$1,800/mo
Median rent
Need $72K/yr income
How Yonkers Compares
| Metric | Yonkers | New York | National |
|---|---|---|---|
| Home Price | $520K | $420K | $410K |
| Rent | $1,800 | $1,561 | $1,500 |
| Income | $68K | $82K | $75K |
| Rent Burden | 33.5% | 39.5% | 30.0% |
Key Takeaways
- • Home prices in Yonkers are 27% higher than the national average.
- • Rent is 20% higher than the national average.
- • You need an income of $149K to comfortably buy a home here.
- • The homeownership rate is 42.0%, compared to 65.0% nationally.