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Affordable
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These days, finding an affordable place to live in the Thiells area can be challenging. Home prices in Thiells are now at a median cost of $528,858, lower than the New York average of $610,895.
The average cost of rent is $1,800/mo in Thiells, primarily driven by the current value of real estate in the Thiells area. In Thiells, 16.97% of households rent, and 40.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thiells is $9,954 per month. Households that rent pay about 18.08% of their income on rent here. Thiells’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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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