North Valley Stream, NY

Very High · 178

New York · Population 17,756 · Updated March 2026

$2,155
Median Rent / Month
$145,204
Median Income
$588,800
Median Home Value
$2,966
Owner Costs / Month

Affordability

How far your income goes in North Valley Stream

17.8%
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

$25,860
Annual Rent
$15,827
State Income Tax
$9,539
Property Tax (est.)

Cost of Living Overview

North Valley Stream 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), North Valley Stream residents can expect to pay median rent of $2,155/month while earning a median household income of $145,204/year.

The median home value in North Valley Stream, NY is $588,800, with typical monthly owner costs around $2,966 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.8% 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 Valley Stream.

Frequently Asked Questions

Common questions about living costs in North Valley Stream

What is the cost of living in North Valley Stream, NY?
The cost of living index in North Valley Stream, NY is 178 (US average = 100). Median monthly rent is $2,155, median household income is $145,204/year, and the median home value is $588,800.
Is North Valley Stream, NY affordable?
No, North Valley Stream is more expensive than the national average with a cost index of 178. The rent-to-income ratio is 17.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in North Valley Stream, NY?
The median gross rent in North Valley Stream, NY is $2,155 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $25,860.
What is the median household income in North Valley Stream?
The median household income in North Valley Stream, NY is $145,204 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%.