Home Value to Income Ratio Comparison
Housing

New York vs Texas: Home Value to Income Ratio

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

New York flag
New York
NY • Northeast
4.67x
Median home value divided by median household income.
Texas flag
Texas
TX • South
Winner
4.40x
Median home value divided by median household income.

Visual Comparison

New York 4.67x
Texas 4.40x

Difference: 0.27x — Texas leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for home value to income ratio.

New York #38 · 4.67x
Texas #36 · 4.40x
Best Worst

10 Best States — Home Value to Income Ratio

Lower is better
#1 West Virginia flag West Virginia
2.38x
#2 Iowa flag Iowa
2.46x
#3 Kansas flag Kansas
2.78x
#4 Mississippi flag Mississippi
2.87x
#5 Ohio flag Ohio
2.93x
#6 Nebraska flag Nebraska
2.94x
#7 Arkansas flag Arkansas
2.96x
#8 Kentucky flag Kentucky
2.97x
#9 North Dakota flag North Dakota
2.98x
#10 Indiana flag Indiana
3.00x
Selected states
#38 New York flag New York
4.67x
#36 Texas flag Texas
4.40x

New York ranks 38th and Texas ranks 36th nationally for home value to income ratio.

Related Context

Home Affordability Ratios

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

Metric
New York
Texas
Median Home Value
$367,200
$294,400
Median Household Income
$78,609
$66,963
Property Tax Rate
1.55%
1.49%
Rent-to-Income Ratio
24.1%
22.1%

What This Means

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

Texas has a home value to income ratio of 4.40x, compared with 4.67x in New York. Median home value divided by median household income.

New York
4.67x
Texas
4.40x
Difference
0.27x

People Also Ask

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

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

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

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

Texas's home value to income ratio is 4.40x.

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

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

More Comparisons: New York vs Texas

Grouped tabs keep the deep-dive links tighter and easier to scan.

Median Housing Value Median Gross Rent Median Monthly Owner Costs With Mortgage Owner Costs Without Mortgage Homeownership Rate Rent to Income Ratio Owner Costs to Income Home Insurance Cost
Full Comparison

Explore Each State

New York flag New York Symbols Texas flag Texas Symbols Compare Other States

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.