New York

#4

New York

State Facts

Minimum Wage $16.00
2-Bedroom Housing Wage $48.46
Number of Renter Households 3,525,661
Number of Renter Households
Below 30% AMI
986,369
Percent of Renter Households
Below 30% AMI
28%
Number of Renter Households
Below 50% AMI
1,494,887
Percent of Renter Households
Below 50% AMI
42%

Affordable Rent for Low Income Households

Minimum Wage Worker

$832/mo

Household at 30% of Area Median Income

$865/mo

Household at 50% of Area Median Income

$1,441/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$2,253/mo

2-Bedroom Fair Market Rent

$2,520/mo

Working at minimum wage $16.00/hr

Each week you have to work 108 hours

To afford a modest 1 bedroom rental home at Fair Market Rent

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Compare Jurisdictions

New York New York Non-metropolitan areas Albany-Schenectady-Troy MSA Binghamton MSA Buffalo-Cheektowaga MSA Elmira MSA Glens Falls MSA Ithaca MSA Kingston MSA Kiryas Joel-Poughkeepsie-Newburgh MSA Nassau-Suffolk HMFA New York HMFA Rochester MSA Syracuse MSA Utica-Rome MSA Watertown-Fort Drum MSA
Number of Households
Total 7,722,646 570,614 383,063 102,352 501,549 35,262 54,602 43,263 74,278 254,883 970,731 3,846,395 445,836 271,251 120,961 47,606
Renter 3,525,661 154,424 137,310 33,341 166,514 11,130 14,116 19,841 22,354 80,434 174,119 2,422,395 145,655 85,637 36,803 21,588
Percent Renters 46% 27% 36% 33% 33% 32% 26% 46% 30% 32% 18% 63% 33% 32% 30% 45%
Housing Wage
Zero-Bedroom $40.76 $16.44 $23.40 $15.06 $21.25 $18.25 $20.02 $24.29 $25.06 $26.23 $38.31 $48.63 $21.46 $19.13 $17.29 $18.63
One-Bedroom $43.34 $17.35 $27.25 $16.69 $21.90 $18.81 $20.50 $28.19 $26.65 $29.79 $45.75 $51.06 $24.15 $21.60 $17.81 $20.60
Two-Bedroom $48.46 $21.64 $32.73 $21.21 $25.83 $24.67 $25.92 $33.71 $34.96 $38.06 $52.83 $55.96 $30.25 $26.77 $22.54 $27.02
Three-Bedroom $60.65 $27.55 $39.25 $27.15 $31.54 $30.88 $33.50 $40.42 $43.17 $48.29 $68.52 $70.08 $36.44 $32.52 $27.02 $36.67
Four-Bedroom $66.05 $31.08 $43.33 $31.19 $35.94 $32.94 $34.33 $50.46 $46.29 $51.81 $72.46 $76.13 $40.06 $35.54 $31.21 $45.00
Fair Market Rent
Zero-Bedroom $2,120 $855 $1,217 $783 $1,105 $949 $1,041 $1,263 $1,303 $1,364 $1,992 $2,529 $1,116 $995 $899 $969
One-Bedroom $2,253 $902 $1,417 $868 $1,139 $978 $1,066 $1,466 $1,386 $1,549 $2,379 $2,655 $1,256 $1,123 $926 $1,071
Two-Bedroom $2,520 $1,125 $1,702 $1,103 $1,343 $1,283 $1,348 $1,753 $1,818 $1,979 $2,747 $2,910 $1,573 $1,392 $1,172 $1,405
Three-Bedroom $3,154 $1,433 $2,041 $1,412 $1,640 $1,606 $1,742 $2,102 $2,245 $2,511 $3,563 $3,644 $1,895 $1,691 $1,405 $1,907
Four-Bedroom $3,435 $1,616 $2,253 $1,622 $1,869 $1,713 $1,785 $2,624 $2,407 $2,694 $3,768 $3,959 $2,083 $1,848 $1,623 $2,340
Annual Income Needed to Afford
Zero-Bedroom $84,787 $34,196 $48,680 $31,320 $44,200 $37,960 $41,640 $50,520 $52,120 $54,560 $79,680 $101,160 $44,640 $39,800 $35,960 $38,760
One-Bedroom $90,140 $36,078 $56,680 $34,720 $45,560 $39,120 $42,640 $58,640 $55,440 $61,960 $95,160 $106,200 $50,240 $44,920 $37,040 $42,840
Two-Bedroom $100,804 $45,008 $68,080 $44,120 $53,720 $51,320 $53,920 $70,120 $72,720 $79,160 $109,880 $116,400 $62,920 $55,680 $46,880 $56,200
Three-Bedroom $126,152 $57,303 $81,640 $56,480 $65,600 $64,240 $69,680 $84,080 $89,800 $100,440 $142,520 $145,760 $75,800 $67,640 $56,200 $76,280
Four-Bedroom $137,385 $64,644 $90,120 $64,880 $74,760 $68,520 $71,400 $104,960 $96,280 $107,760 $150,720 $158,360 $83,320 $73,920 $64,920 $93,600
Minimum Wage
Minimum Wage $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00 $16.00
Rent Affordable for a Full-Time Worker at Minimum Wage $832 $832 $832 $832 $832 $832 $832 $832 $832 $832 $832 $832 $832 $832 $832 $832
Work Hours/Week at Minimum Wage
Zero-Bedroom 102 41 59 38 53 46 50 61 63 66 96 122 54 48 43 47
One-Bedroom 108 43 68 42 55 47 51 70 67 74 114 128 60 54 45 51
Two-Bedroom 121 54 82 53 65 62 65 84 87 95 132 140 76 67 56 68
Three-Bedroom 152 69 98 68 79 77 84 101 108 121 171 175 91 81 68 92
Four-Bedroom 165 78 108 78 90 82 86 126 116 130 181 190 100 89 78 113
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081 $1,081
Rent affordable to SSI recipient $324 $324 $324 $324 $324 $324 $324 $324 $324 $324 $324 $324 $324 $324 $324 $324
Income Levels
30% of Area Median Income (AMI) $34,581 $26,596 $36,930 $26,580 $30,450 $26,940 $28,230 $35,400 $35,190 $37,770 $49,290 $33,231 $32,100 $32,040 $29,550 $25,980
50% of Area Median Income (AMI) $57,635 $44,326 $61,550 $44,300 $50,750 $44,900 $47,050 $59,000 $58,650 $62,950 $82,150 $55,384 $53,500 $53,400 $49,250 $43,300
Median Renter Household Income $64,545 $40,263 $55,854 $38,500 $43,309 $37,860 $48,156 $46,761 $49,575 $59,403 $78,705 $70,428 $46,345 $42,998 $40,027 $48,748
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $865 $665 $923 $665 $761 $674 $706 $885 $880 $944 $1,232 $831 $803 $801 $739 $650
50% of Area Median Income (AMI) $1,441 $1,108 $1,539 $1,108 $1,269 $1,123 $1,176 $1,475 $1,466 $1,574 $2,054 $1,385 $1,338 $1,335 $1,231 $1,083
Median Renter Household Income $1,614 $1,007 $1,396 $963 $1,083 $946 $1,204 $1,169 $1,239 $1,485 $1,968 $1,761 $1,159 $1,075 $1,001 $1,219

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Fast Food and Counter Workers 168,620 $17.42
Cashiers 158,890 $17.55
Retail Salespersons 238,540 $18.63
Stockers and Order Fillers 146,140 $19.28
Home Health and Personal Care Aides 663,140 $19.58
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 195,250 $20.58
Receptionists and Information Clerks 65,010 $21.29
Cooks, Restaurant 71,530 $21.58
Security Guards 134,700 $21.86
Laborers and Freight, Stock, and Material Movers, Hand 100,950 $22.06
Office Clerks, General 134,280 $22.67
Waiters and Waitresses 142,940 $23.24
First-Line Supervisors of Food Preparation and Serving Workers 65,580 $23.32
Customer Service Representatives 141,090 $23.72
Nursing Assistants 87,990 $24.01
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 122,490 $24.51
Maintenance and Repair Workers, General 119,650 $28.56
Bookkeeping, Accounting, and Auditing Clerks 84,280 $28.74
All Occupations 9,688,000 $29.49
First-Line Supervisors of Office and Administrative Support Workers 83,110 $39.12
Executive Secretaries and Executive Administrative Assistants 88,890 $39.85
Housing Wage 1 Bedroom $43.34
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel 80,510 $45.55
Housing Wage 2 Bedroom $48.46
Market Research Analysts and Marketing Specialists 80,500 $48.71
Accountants and Auditors 109,830 $50.72
Registered Nurses 205,810 $54.09
Management Analysts 69,150 $55.46
Project Management Specialists 68,020 $59.81
General and Operations Managers 206,740 $64.66
Software Developers 113,510 $82.11
Lawyers 91,870 $102.71
Financial Managers 80,810 $108.65