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Cost of Living in Genesee County, NY

Population 57,787 · Census ACS 2020–2024 5-year estimates

Median rent$929
Median home value$170,500
Median household income$73,314

The median rent in Genesee County, NY is $929/month, 43% lower than the New York median and 34% lower than the U.S. median. The median home value is $170,500, 49% lower than the national median. Households earn a median of $73,314 a year, 15% lower than the state median.

Affordability

Rent as a share of median income: 15.2%
Income needed for median rent (30% rule): $37,160/yr
Home price-to-income ratio: 2.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $862/mo

Run your own numbers: mortgage calculator · hourly to salary

Genesee County vs. New York vs. U.S.

Genesee CountyNew YorkU.S.
Median rent$929$1,621$1,413
Median home value$170,500$423,800$332,700
Median household income$73,314$85,974$80,734
Homeownership rate73.8%54.3%65.2%
Bachelor's degree or higher23.8%40.2%35.7%
Poverty rate10.6%14.0%12.5%
Unemployment rate4.6%6.4%5.2%
Work from home6.7%14.9%15.1%
Median age42.439.838.9

FAQ

What is the average rent in Genesee County, NY?

The median gross rent in Genesee County, NY is $929 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $37,160 a year in gross income.

Is Genesee County, NY expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 2.3 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

LaSalle County, ILRent $928 · Income $73,045Mower County, MNRent $927 · Income $73,074Park County, WYRent $925 · Income $73,035Sheboygan County, WIRent $934 · Income $73,094Lawrence County, SDRent $938 · Income $73,384Richland County, MTRent $917 · Income $73,084

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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