New Jersey vs New York: Rent to Income Ratio
New Jersey has a lower rent to income ratio than New York.
Visual Comparison
Difference: 4.60 percentage points — New Jersey leads.
National Rankings
Where They Rank Nationally
See where both states fall among all 50 states for rent to income ratio.
10 Best States — Rent to Income Ratio
Lower is better
North Dakota
Iowa
South Dakota
Nebraska
Minnesota
Wisconsin
Kansas
Missouri
Indiana
Wyoming
New Jersey
New York
New Jersey ranks 27th and New York ranks 47th nationally for rent to income ratio.
Related Context
Rent Burden in Context
This ratio shows how much of a median paycheck goes straight to the landlord — the higher, the less breathing room renters have.
What This Means
New Jersey vs New York: Rent to Income Ratio in context
New Jersey has a rent to income ratio of 19.5%, compared with 24.1% in New York. Annualized median gross rent as a share of median household income.
People Also Ask
New Jersey vs New York Rent to Income Ratio — Common Questions
Q What is New Jersey's rent to income ratio?
New Jersey's rent to income ratio is 19.5%.
Q What is New York's rent to income ratio?
New York's rent to income ratio is 24.1%.
Q Which state has a lower rent to income ratio — New Jersey or New York?
New Jersey has a lower rent to income ratio than New York.
More Comparisons: New Jersey vs New York
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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; purchasing-power figures use BEA Regional Price Parities. Minimum wage data comes 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.