De Witt, NY

Below Avg · 88

New York · Population 10,815 · Updated March 2026

$1,106
Median Rent / Month
$120,539
Median Income
$271,700
Median Home Value
$1,544
Owner Costs / Month

Affordability

How far your income goes in De Witt

11.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New York

State-level tax rates that affect your costs

10.9%
Income Tax (Top Rate)
4.0%
Sales Tax
1.62%
Property Tax Rate

Estimated Annual Costs

$13,272
Annual Rent
$13,139
State Income Tax
$4,402
Property Tax (est.)

Cost of Living Overview

De Witt offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 88 (where 100 equals the national median), De Witt residents can expect to pay median rent of $1,106/month while earning a median household income of $120,539/year.

The median home value in De Witt, NY is $271,700, with typical monthly owner costs around $1,544 including mortgage, insurance, and taxes. The median rent-to-income ratio of 11.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New York's top income tax rate of 10.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 4.0% sales tax rate and 1.62% effective property tax rate, the overall tax environment is a factor in the total cost of living in De Witt.

Frequently Asked Questions

Common questions about living costs in De Witt

What is the cost of living in De Witt, NY?
The cost of living index in De Witt, NY is 88 (US average = 100). Median monthly rent is $1,106, median household income is $120,539/year, and the median home value is $271,700.
Is De Witt, NY affordable?
Yes, De Witt is more affordable than the national average with a cost index of 88. The rent-to-income ratio is 11.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in De Witt, NY?
The median gross rent in De Witt, NY is $1,106 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,272.
What is the median household income in De Witt?
The median household income in De Witt, NY is $120,539 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New York?
New York has a top income tax rate of 10.9%, a sales tax of 4.0%, and an effective property tax rate of 1.62%.