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Cost of Living in Massapequa, NY

Population 21,389 · Census ACS 2020–2024 5-year estimates

Median rent$2,631
Median home value$693,200
Median household income$181,846

The median rent in Massapequa, NY is $2,631/month, 62% higher than the New York median and 86% higher than the U.S. median. The median home value is $693,200, 108% higher than the national median. Households earn a median of $181,846 a year, 112% higher than the state median.

Affordability

Rent as a share of median income: 17.4%
Income needed for median rent (30% rule): $105,240/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $3,505/mo

Run your own numbers: mortgage calculator · hourly to salary

Massapequa vs. New York vs. U.S.

MassapequaNew YorkU.S.
Median rent$2,631$1,621$1,413
Median home value$693,200$423,800$332,700
Median household income$181,846$85,974$80,734
Homeownership rate96.8%54.3%65.2%
Bachelor's degree or higher53.2%40.2%35.7%
Poverty rate2.4%14.0%12.5%
Unemployment rate4.8%6.4%5.2%
Work from home15.7%14.9%15.1%
Median age44.539.838.9

FAQ

What is the average rent in Massapequa, NY?

The median gross rent in Massapequa, NY is $2,631 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $105,240 a year in gross income.

Is Massapequa, NY expensive to live in?

Rent there is 86% higher than the U.S. median, and the median home costs about 3.8 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

Linton Hall, VARent $2,575 · Income $178,915Belmont, MARent $2,527 · Income $183,137Union Hill-Novelty Hill, WARent $2,556 · Income $185,369Granite Bay, CARent $2,740 · Income $184,606Princeton, NJRent $2,636 · Income $192,079Buckhall, VARent $2,478 · Income $180,021

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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