Expensive
Affordable
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These days, finding an affordable place to live in the Tomkins Cove area can be challenging. Home prices in Tomkins Cove are now at a median cost of $608,169, lower than the New York average of $610,895.
The average cost of rent is $2,071/mo in Tomkins Cove, primarily driven by the current value of real estate in the Tomkins Cove area. In Tomkins Cove, 22.75% of households rent, and 26.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tomkins Cove is $11,151 per month. Households that rent pay about 18.57% of their income on rent here. Tomkins Cove’s most expensive areas are in the eastern 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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