Home Value to Income Ratio Comparison
Housing

Florida vs New York: Home Value to Income Ratio

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

Florida flag
Florida
FL • South
5.12x
Median home value divided by median household income.
New York flag
New York
NY • Northeast
Winner
4.67x
Median home value divided by median household income.

Visual Comparison

Florida 5.12x
New York 4.67x

Difference: 0.45x — New York leads.

Related Context

Home Affordability Ratios

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

What This Means

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

New York has a home value to income ratio of 4.67x, compared with 5.12x in Florida. Median home value divided by median household income.

Florida
5.12x
New York
4.67x
Difference
0.45x

People Also Ask

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

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

Florida's home value to income ratio is 5.12x.

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 — Florida or New York?

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

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.