Bronx County
New York ยท Pop. 1,472,654
Ranked #188 of 200 counties
20Crisis
Median Home Price
๐$420K
2.5% YoY
Median Rent
๐$1,600
Median Income
๐ฐ$40K
Rent Burden
๐48.0%
% of income to rent
Housing Shortage
๐๏ธ8,000
estimated unit deficit
Building Permits (2024)
๐3,500
Price-to-Income Ratio
โ๏ธ10.5x
Homeownership Rate
๐ก18.5%
How Bronx County Compares
| Metric | Bronx County | New York | National |
|---|---|---|---|
| Home Price | $420K | $420K | $410K |
| Rent | $1,600 | $1,561 | $1,500 |
| Income | $40K | $82K | $75K |
| Rent Burden | 48.0% | 39.5% | 30.0% |
| Homeownership | 18.5% | 54.0% | 65.0% |
Key Takeaways
- โข Home prices are 2% above the national average.
- โข Rent is 7% above the national average.
- โข The county has an estimated housing shortage of 8,000 units.
- โข 3,500 building permits were issued in 2024.
- โข Year-over-year home prices changed by 2.5%.