
Affordable
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These days, finding an affordable place to live in the Peconic area can be challenging. Home prices in Peconic are now at a median cost of $1,101,998, higher than the New York average of $610,895.
The average cost of rent is $2,920/mo in Peconic, primarily driven by the current value of real estate in the Peconic area. In Peconic, 18.36% of households rent, and 41.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peconic is $10,026 per month. Households that rent pay about 29.12% of their income on rent here. Peconic’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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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