Housing affordability · NY · 2024
Cattaraugus Housing Affordability
2nd most affordable of 62 New York counties · price-to-income ratio
Cattaraugus at a glance
Cattaraugus is among the more accessible housing markets in New York on both ownership and rental measures — home prices relative to income sit below the state median at 1.9×, and renters face a lower-than-average cost burden.
At Cattaraugus's median household income of $59,540, a renter paying the median monthly rent of $770 would commit 16% of gross annual income to housing — below the 30% threshold widely used to define cost burden.
For owner-occupied households, 11% spend more than 30% of their income on housing costs — the standard definition of owner cost burden.
Cattaraugus FAQ
What is the median home price in Cattaraugus?
The median home value in Cattaraugus, NY is $113,100 (2024 ACS 5-year estimate). This is 73% below the New York state median of $423,800.
Is Cattaraugus an affordable place to buy a home?
Cattaraugus is rated Affordable on the USInsights affordability scale. The price-to-income ratio is 1.9×, meaning the median home costs roughly 1.9 years of median household income ($59,540). Under 3.5× is generally considered affordable.
What is the average rent in Cattaraugus?
The median gross rent in Cattaraugus is $770 per month (2024 ACS 5-year estimate). 41% of renters spend more than 30% of their income on housing. The New York state median is $1,621.
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