Cost of Living in Herkimer County, NY
Population 59,757 · Census ACS 2020–2024 5-year estimates
The median rent in Herkimer County, NY is $823/month, 49% lower than the New York median and 42% lower than the U.S. median. The median home value is $147,700, 56% lower than the national median. Households earn a median of $68,515 a year, 20% lower than the state median.
Affordability
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Herkimer County vs. New York vs. U.S.
| Herkimer County | New York | U.S. | |
|---|---|---|---|
| Median rent | $823 | $1,621 | $1,413 |
| Median home value | $147,700 | $423,800 | $332,700 |
| Median household income | $68,515 | $85,974 | $80,734 |
| Homeownership rate | 76.6% | 54.3% | 65.2% |
| Bachelor's degree or higher | 22.7% | 40.2% | 35.7% |
| Poverty rate | 13.4% | 14.0% | 12.5% |
| Unemployment rate | 4.3% | 6.4% | 5.2% |
| Work from home | 10.1% | 14.9% | 15.1% |
| Median age | 44.8 | 39.8 | 38.9 |
FAQ
What is the average rent in Herkimer County, NY?
The median gross rent in Herkimer County, NY is $823 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Herkimer County, NY?
Using the common 30% rule, renting a median-priced home takes about $32,920 a year in gross income.
Is Herkimer County, NY expensive to live in?
Rent there is 42% lower than the U.S. median, and the median home costs about 2.2 times the median household income.
Other counties in New York
Counties with a similar cost of living
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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