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These days, finding an affordable place to live in the Tompkins County area can be challenging. Home prices in Tompkins County are now at a median cost of $322,411, lower than the New York average of $610,895.
The average cost of rent is $1,436/mo in Tompkins County, primarily driven by the current value of real estate in the Tompkins County area. In Tompkins County, 45.86% of households rent, and 50.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tompkins County is $6,968 per month. Households that rent pay about 20.61% of their income on rent here. Tompkins County’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Cortland County, NY: less expensive homes
- Schuyler County, NY: less expensive homes
- Chenango County, NY: less expensive homes
- Otsego County, NY: less expensive homes
- Berkshire County, MA: equally priced homes
- Hampshire County, MA: higher priced homes
- Franklin County, MA: equally priced homes
- Worcester County, MA: higher priced homes
- Middlesex County, MA: higher priced homes
- Suffolk County, MA: higher priced homes
Counties with Similar Populations
- Yamhill County, OR: higher priced homes
- Miami County, OH: less expensive homes
- Sevier County, TN: equally priced homes
- Sherburne County, MN: higher priced homes
- St. Lawrence County, NY: less expensive homes
- Story County, IA: less expensive homes
- Sumter County, SC: less expensive homes
- Sutter County, CA: higher priced homes
- Terrebonne Parish, LA: less expensive homes
- DeKalb County, IL: less expensive homes
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