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Affordable
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These days, finding an affordable place to live in the Kipps area can be challenging. Home prices in Kipps are now at a median cost of $567,185, lower than the New York average of $610,895.
The average cost of rent is $1,810/mo in Kipps, primarily driven by the current value of real estate in the Kipps area. In Kipps, 8.55% of households rent, and 51.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kipps is $11,193 per month. Households that rent pay about 16.17% of their income on rent here. Kipps’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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