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Cost of Living in Chemung County, NY

Population 82,147 · Census ACS 2020–2024 5-year estimates

Median rent$1,059
Median home value$141,100
Median household income$63,716

The median rent in Chemung County, NY is $1,059/month, 35% lower than the New York median and 25% lower than the U.S. median. The median home value is $141,100, 58% lower than the national median. Households earn a median of $63,716 a year, 26% lower than the state median.

Affordability

Rent as a share of median income: 19.9%
Income needed for median rent (30% rule): $42,360/yr
Home price-to-income ratio: 2.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $713/mo

Run your own numbers: mortgage calculator · hourly to salary

Chemung County vs. New York vs. U.S.

Chemung CountyNew YorkU.S.
Median rent$1,059$1,621$1,413
Median home value$141,100$423,800$332,700
Median household income$63,716$85,974$80,734
Homeownership rate68.4%54.3%65.2%
Bachelor's degree or higher27.2%40.2%35.7%
Poverty rate16.3%14.0%12.5%
Unemployment rate6.1%6.4%5.2%
Work from home8.2%14.9%15.1%
Median age42.039.838.9

FAQ

What is the average rent in Chemung County, NY?

The median gross rent in Chemung County, NY is $1,059 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $42,360 a year in gross income.

Is Chemung County, NY expensive to live in?

Rent there is 25% lower than the U.S. median, and the median home costs about 2.2 times the median household income.

Other counties in New York

Kings County, NYRent $1,833 · Income $80,263Queens County, NYRent $1,956 · Income $86,136New York County, NYRent $2,197 · Income $103,931Suffolk County, NYRent $2,255 · Income $130,686Bronx County, NYRent $1,458 · Income $48,676Nassau County, NYRent $2,252 · Income $146,202

Counties with a similar cost of living

Champaign County, ILRent $1,051 · Income $63,683Cuyahoga County, OHRent $1,060 · Income $64,468Grays Harbor County, WARent $1,062 · Income $64,414Franklin County, FLRent $1,049 · Income $64,105Terrebonne Parish, LARent $1,065 · Income $64,836Navarro County, TXRent $1,076 · Income $63,111

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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