Mamaroneck, NY

Very High · 178

New York · Population 19,840 · Updated March 2026

$2,017
Median Rent / Month
$125,459
Median Income
$705,200
Median Home Value
$2,443
Owner Costs / Month

Affordability

How far your income goes in Mamaroneck

19.3%
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

$24,204
Annual Rent
$13,675
State Income Tax
$11,424
Property Tax (est.)

Cost of Living Overview

Mamaroneck has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 178 (where 100 equals the national median), Mamaroneck residents can expect to pay median rent of $2,017/month while earning a median household income of $125,459/year.

The median home value in Mamaroneck, NY is $705,200, with typical monthly owner costs around $2,443 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.3% 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 Mamaroneck.

Frequently Asked Questions

Common questions about living costs in Mamaroneck

What is the cost of living in Mamaroneck, NY?
The cost of living index in Mamaroneck, NY is 178 (US average = 100). Median monthly rent is $2,017, median household income is $125,459/year, and the median home value is $705,200.
Is Mamaroneck, NY affordable?
No, Mamaroneck is more expensive than the national average with a cost index of 178. The rent-to-income ratio is 19.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Mamaroneck, NY?
The median gross rent in Mamaroneck, NY is $2,017 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,204.
What is the median household income in Mamaroneck?
The median household income in Mamaroneck, NY is $125,459 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%.