Harrison, NY

Very High · 243

New York · Population 29,279 · Updated March 2026

$2,585
Median Rent / Month
$153,273
Median Income
$1,001,900
Median Home Value
$3,352
Owner Costs / Month

Affordability

How far your income goes in Harrison

20.2%
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

$31,020
Annual Rent
$16,707
State Income Tax
$16,231
Property Tax (est.)

Cost of Living Overview

Harrison has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 243 (where 100 equals the national median), Harrison residents can expect to pay median rent of $2,585/month while earning a median household income of $153,273/year.

The median home value in Harrison, NY is $1,001,900, with typical monthly owner costs around $3,352 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.2% 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 Harrison.

Frequently Asked Questions

Common questions about living costs in Harrison

What is the cost of living in Harrison, NY?
The cost of living index in Harrison, NY is 243 (US average = 100). Median monthly rent is $2,585, median household income is $153,273/year, and the median home value is $1,001,900.
Is Harrison, NY affordable?
No, Harrison is more expensive than the national average with a cost index of 243. The rent-to-income ratio is 20.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Harrison, NY?
The median gross rent in Harrison, NY is $2,585 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $31,020.
What is the median household income in Harrison?
The median household income in Harrison, NY is $153,273 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%.