Home Value to Income Ratio Comparison
Housing

Alabama vs New York: Home Value to Income Ratio

Alabama has a lower home value to income ratio than New York.

Alabama flag
Alabama
AL • South
Winner
3.18x
Median home value divided by median household income.
New York flag
New York
NY • Northeast
4.67x
Median home value divided by median household income.

Visual Comparison

Alabama 3.18x
New York 4.67x

Difference: 1.49x — Alabama leads.

Related Context

Home Affordability Ratios

A price-to-income ratio above 4× is stretched; above 6× is considered severely unaffordable.

What This Means

Alabama vs New York: Home Value to Income Ratio in context

Alabama has a home value to income ratio of 3.18x, compared with 4.67x in New York. Median home value divided by median household income.

Alabama
3.18x
New York
4.67x
Difference
1.49x

People Also Ask

Alabama vs New York Home Value to Income Ratio — Common Questions

Q What is Alabama's home value to income ratio?

Alabama's home value to income ratio is 3.18x.

Q What is New York's home value to income ratio?

New York's home value to income ratio is 4.67x.

Q Which state has a lower home value to income ratio — Alabama or New York?

Alabama has a lower home value to income ratio than New York.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset, with minimum wage data from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.