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Cost of Living in East Massapequa, NY

Population 20,377 · Census ACS 2020–2024 5-year estimates

Median rent$1,486
Median home value$625,600
Median household income$146,454

The median rent in East Massapequa, NY is $1,486/month, 8% lower than the New York median and 5% higher than the U.S. median. The median home value is $625,600, 88% higher than the national median. Households earn a median of $146,454 a year, 70% higher than the state median.

Affordability

Rent as a share of median income: 12.2%
Income needed for median rent (30% rule): $59,440/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,163/mo

Run your own numbers: mortgage calculator · hourly to salary

East Massapequa vs. New York vs. U.S.

East MassapequaNew YorkU.S.
Median rent$1,486$1,621$1,413
Median home value$625,600$423,800$332,700
Median household income$146,454$85,974$80,734
Homeownership rate89.6%54.3%65.2%
Bachelor's degree or higher48.6%40.2%35.7%
Poverty rate3.3%14.0%12.5%
Unemployment rate4.4%6.4%5.2%
Work from home14.8%14.9%15.1%
Median age44.339.838.9

FAQ

What is the average rent in East Massapequa, NY?

The median gross rent in East Massapequa, NY is $1,486 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $59,440 a year in gross income.

Is East Massapequa, NY expensive to live in?

Rent there is 5% higher than the U.S. median, and the median home costs about 4.3 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

Park Ridge, ILRent $1,537 · Income $142,986Glen Ellyn, ILRent $1,433 · Income $140,938New Lenox, ILRent $1,431 · Income $140,865Vestavia Hills, ALRent $1,515 · Income $134,369Madison, ALRent $1,453 · Income $134,655St. Michael, MNRent $1,483 · Income $131,274

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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