Housing affordability · NY · 2024

Ulster Housing Affordability

Moderate — Getting pricey

52nd most affordable of 62 New York counties · price-to-income ratio

Median Home Value
$352,500
↓17% vs NY · ↑93% vs US
Price-to-Income Ratio
4.1×
↓16% vs NY · ↑37% vs US
Median Monthly Rent
$1,425
↓12% vs NY · ↑64% vs US
Renter Cost Burden
52%
↑5% vs NY · ↑37% vs US
Analysis · NY

Ulster at a glance

Ulster shows a counter-intuitive pattern: home prices relative to income (4.1×) are below the New York state median, yet a higher-than-average share of renters face cost burden — typically reflecting a concentration of lower-income households in the local rental market.

At Ulster's median household income of $86,271, a renter paying the median monthly rent of $1,425 would commit 20% of gross annual income to housing — below the 30% threshold widely used to define cost burden.

For owner-occupied households, 19% spend more than 30% of their income on housing costs — the standard definition of owner cost burden.

Ulster FAQ

What is the median home price in Ulster?

The median home value in Ulster, NY is $352,500 (2024 ACS 5-year estimate). This is 17% below the New York state median of $423,800.

Is Ulster an affordable place to buy a home?

Ulster is rated Moderate on the USInsights affordability scale. The price-to-income ratio is 4.1×, meaning the median home costs roughly 4.1 years of median household income ($86,271). 3.5×–5.0× indicates moderate pressure.

What is the average rent in Ulster?

The median gross rent in Ulster is $1,425 per month (2024 ACS 5-year estimate). 52% of renters spend more than 30% of their income on housing. The New York state median is $1,621.

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Source: US Census Bureau ACS 5-Year Estimates 2024 (2020–2024 survey period). Price-to-income ratio = median home value ÷ median household income. Full New York methodology →