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Cost of Living in Baldwin, NY

Population 34,994 · Census ACS 2020–2024 5-year estimates

Median rent$1,890
Median home value$593,800
Median household income$145,472

The median rent in Baldwin, NY is $1,890/month, 17% higher than the New York median and 34% higher than the U.S. median. The median home value is $593,800, 78% higher than the national median. Households earn a median of $145,472 a year, 69% higher than the state median.

Affordability

Rent as a share of median income: 15.6%
Income needed for median rent (30% rule): $75,600/yr
Home price-to-income ratio: 4.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,003/mo

Run your own numbers: mortgage calculator · hourly to salary

Baldwin vs. New York vs. U.S.

BaldwinNew YorkU.S.
Median rent$1,890$1,621$1,413
Median home value$593,800$423,800$332,700
Median household income$145,472$85,974$80,734
Homeownership rate86.6%54.3%65.2%
Bachelor's degree or higher44.3%40.2%35.7%
Poverty rate6.6%14.0%12.5%
Unemployment rate4.3%6.4%5.2%
Work from home10.8%14.9%15.1%
Median age41.039.838.9

FAQ

What is the average rent in Baldwin, NY?

The median gross rent in Baldwin, NY is $1,890 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Baldwin, NY?

Using the common 30% rule, renting a median-priced home takes about $75,600 a year in gross income.

Is Baldwin, NY expensive to live in?

Rent there is 34% higher than the U.S. median, and the median home costs about 4.1 times the median household income.

Other cities in New York

New York, NYRent $1,821 · Income $80,483Buffalo, NYRent $1,046 · Income $50,041Yonkers, NYRent $1,784 · Income $83,549Rochester, NYRent $1,081 · Income $47,213Syracuse, NYRent $1,039 · Income $47,819Albany, NYRent $1,216 · Income $61,986

Cities with a similar cost of living

Franklin Town, MARent $1,899 · Income $145,773Apex, NCRent $1,902 · Income $144,135Fair Lawn, NJRent $1,917 · Income $144,574Chanhassen, MNRent $1,831 · Income $143,651Alpharetta, GARent $1,948 · Income $147,612Castle Rock, CORent $2,000 · Income $145,197

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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