North Massapequa, NY

Very High · 176

New York · Population 18,037 · Updated March 2026

$2,253
Median Rent / Month
$142,274
Median Income
$609,100
Median Home Value
$2,546
Owner Costs / Month

Affordability

How far your income goes in North Massapequa

19.0%
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

$27,036
Annual Rent
$15,508
State Income Tax
$9,867
Property Tax (est.)

Cost of Living Overview

North Massapequa has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 176 (where 100 equals the national median), North Massapequa residents can expect to pay median rent of $2,253/month while earning a median household income of $142,274/year.

The median home value in North Massapequa, NY is $609,100, with typical monthly owner costs around $2,546 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.0% 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 North Massapequa.

Frequently Asked Questions

Common questions about living costs in North Massapequa

What is the cost of living in North Massapequa, NY?
The cost of living index in North Massapequa, NY is 176 (US average = 100). Median monthly rent is $2,253, median household income is $142,274/year, and the median home value is $609,100.
Is North Massapequa, NY affordable?
No, North Massapequa is more expensive than the national average with a cost index of 176. The rent-to-income ratio is 19.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in North Massapequa, NY?
The median gross rent in North Massapequa, NY is $2,253 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $27,036.
What is the median household income in North Massapequa?
The median household income in North Massapequa, NY is $142,274 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%.