New York (Manhattan) County
New York · Pop. 1,694,263
Ranked #200 of 200 counties
10Crisis
Median Home Price
🏠$1.2M
2.0% YoY
Median Rent
🔑$3,500
Median Income
💰$95K
Rent Burden
📊40.0%
% of income to rent
Housing Shortage
🏗️12,000
estimated unit deficit
Building Permits (2024)
📋5,800
Price-to-Income Ratio
⚖️12.6x
Homeownership Rate
🏡24.0%
How New York (Manhattan) County Compares
| Metric | New York (Manhattan) County | New York | National |
|---|---|---|---|
| Home Price | $1.2M | $420K | $410K |
| Rent | $3,500 | $1,561 | $1,500 |
| Income | $95K | $82K | $75K |
| Rent Burden | 40.0% | 39.5% | 30.0% |
| Homeownership | 24.0% | 54.0% | 65.0% |
Key Takeaways
- • Home prices are 193% above the national average.
- • Rent is 133% above the national average.
- • The county has an estimated housing shortage of 12,000 units.
- • 5,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 2.0%.