Middletown, NY

Average · 106

New York · Population 30,227 · Updated March 2026

$1,614
Median Rent / Month
$77,174
Median Income
$271,000
Median Home Value
$1,706
Owner Costs / Month

Affordability

How far your income goes in Middletown

25.1%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$19,368
Annual Rent
$8,412
State Income Tax
$4,390
Property Tax (est.)

Cost of Living Overview

Middletown is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), Middletown residents can expect to pay median rent of $1,614/month while earning a median household income of $77,174/year.

The median home value in Middletown, NY is $271,000, with typical monthly owner costs around $1,706 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.1%, Middletown falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Middletown.

Frequently Asked Questions

Common questions about living costs in Middletown

What is the cost of living in Middletown, NY?
The cost of living index in Middletown, NY is 106 (US average = 100). Median monthly rent is $1,614, median household income is $77,174/year, and the median home value is $271,000.
Is Middletown, NY affordable?
No, Middletown is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 25.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Middletown, NY?
The median gross rent in Middletown, NY is $1,614 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,368.
What is the median household income in Middletown?
The median household income in Middletown, NY is $77,174 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%.