Middle Island, NY

Above Avg · 123

New York · Population 11,086 · Updated March 2026

$1,774
Median Rent / Month
$89,702
Median Income
$347,900
Median Home Value
$1,926
Owner Costs / Month

Affordability

How far your income goes in Middle Island

23.7%
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

$21,288
Annual Rent
$9,778
State Income Tax
$5,636
Property Tax (est.)

Cost of Living Overview

Middle Island has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 123 (where 100 equals the national median), Middle Island residents can expect to pay median rent of $1,774/month while earning a median household income of $89,702/year.

The median home value in Middle Island, NY is $347,900, with typical monthly owner costs around $1,926 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.7% 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 Middle Island.

Frequently Asked Questions

Common questions about living costs in Middle Island

What is the cost of living in Middle Island, NY?
The cost of living index in Middle Island, NY is 123 (US average = 100). Median monthly rent is $1,774, median household income is $89,702/year, and the median home value is $347,900.
Is Middle Island, NY affordable?
No, Middle Island is more expensive than the national average with a cost index of 123. The rent-to-income ratio is 23.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Middle Island, NY?
The median gross rent in Middle Island, NY is $1,774 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,288.
What is the median household income in Middle Island?
The median household income in Middle Island, NY is $89,702 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%.