Fulton, NY

Very Low · 52

New York · Population 11,339 · Updated March 2026

$856
Median Rent / Month
$52,123
Median Income
$100,900
Median Home Value
$940
Owner Costs / Month

Affordability

How far your income goes in Fulton

19.7%
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

$10,272
Annual Rent
$5,681
State Income Tax
$1,635
Property Tax (est.)

Cost of Living Overview

Fulton is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 52 (where 100 equals the national median), Fulton residents can expect to pay median rent of $856/month while earning a median household income of $52,123/year.

The median home value in Fulton, NY is $100,900, with typical monthly owner costs around $940 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.7% 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 Fulton.

Frequently Asked Questions

Common questions about living costs in Fulton

What is the cost of living in Fulton, NY?
The cost of living index in Fulton, NY is 52 (US average = 100). Median monthly rent is $856, median household income is $52,123/year, and the median home value is $100,900.
Is Fulton, NY affordable?
Yes, Fulton is more affordable than the national average with a cost index of 52. The rent-to-income ratio is 19.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fulton, NY?
The median gross rent in Fulton, NY is $856 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,272.
What is the median household income in Fulton?
The median household income in Fulton, NY is $52,123 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%.