Richmond County

New York ยท Pop. 495,747

Ranked #181 of 200 counties

24Crisis

Median Home Price

๐Ÿ 

$600K

3.5% YoY

Median Rent

๐Ÿ”‘

$1,700

Median Income

๐Ÿ’ฐ

$82K

Rent Burden

๐Ÿ“Š

30.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

3,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

1,200

Price-to-Income Ratio

โš–๏ธ

7.3x

Homeownership Rate

๐Ÿก

68.0%

How Richmond County Compares

MetricRichmond CountyNew YorkNational
Home Price$600K$420K$410K
Rent$1,700$1,561$1,500
Income$82K$82K$75K
Rent Burden30.0%39.5%30.0%
Homeownership68.0%54.0%65.0%

Key Takeaways

  • โ€ข Home prices are 46% above the national average.
  • โ€ข Rent is 13% above the national average.
  • โ€ข The county has an estimated housing shortage of 3,000 units.
  • โ€ข 1,200 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.