Suffolk County
New York · Pop. 1,525,920
Ranked #166 of 200 counties
28Crisis
Median Home Price
🏠$550K
4.2% YoY
Median Rent
🔑$2,000
Median Income
💰$95K
Rent Burden
📊28.5%
% of income to rent
Housing Shortage
🏗️12,000
estimated unit deficit
Building Permits (2024)
📋4,200
Price-to-Income Ratio
⚖️5.8x
Homeownership Rate
🏡78.0%
How Suffolk County Compares
| Metric | Suffolk County | New York | National |
|---|---|---|---|
| Home Price | $550K | $420K | $410K |
| Rent | $2,000 | $1,561 | $1,500 |
| Income | $95K | $82K | $75K |
| Rent Burden | 28.5% | 39.5% | 30.0% |
| Homeownership | 78.0% | 54.0% | 65.0% |
Key Takeaways
- • Home prices are 34% above the national average.
- • Rent is 33% above the national average.
- • The county has an estimated housing shortage of 12,000 units.
- • 4,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 4.2%.