New City vs New York: Housing
| New City | New York | |
|---|---|---|
| Median Home Value | $650,700 | $777,600 |
| Median Gross Rent | $2,242/mo | $1,821/mo |
| Homeownership Rate | 93.2% | 32.8% |
| Rent as Share of Income | 15.5% | 27.2% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.