Richmond County
New York ยท Pop. 495,747
Ranked #181 of 200 counties
24Crisis
Median Home Price
๐$600K
3.5% YoY
Median Rent
๐$1,700
Median Income
๐ฐ$82K
Rent Burden
๐30.0%
% of income to rent
Housing Shortage
๐๏ธ3,000
estimated unit deficit
Building Permits (2024)
๐1,200
Price-to-Income Ratio
โ๏ธ7.3x
Homeownership Rate
๐ก68.0%
How Richmond County Compares
| Metric | Richmond County | New York | National |
|---|---|---|---|
| Home Price | $600K | $420K | $410K |
| Rent | $1,700 | $1,561 | $1,500 |
| Income | $82K | $82K | $75K |
| Rent Burden | 30.0% | 39.5% | 30.0% |
| Homeownership | 68.0% | 54.0% | 65.0% |
Key Takeaways
- โข Home prices are 46% above the national average.
- โข Rent is 13% above the national average.
- โข The county has an estimated housing shortage of 3,000 units.
- โข 1,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.5%.