Terryville, NY

Very High · 158

New York · Population 10,962 · Updated March 2026

$2,242
Median Rent / Month
$112,262
Median Income
$445,100
Median Home Value
$2,569
Owner Costs / Month

Affordability

How far your income goes in Terryville

24.0%
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

$26,904
Annual Rent
$12,237
State Income Tax
$7,211
Property Tax (est.)

Cost of Living Overview

Terryville has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 158 (where 100 equals the national median), Terryville residents can expect to pay median rent of $2,242/month while earning a median household income of $112,262/year.

The median home value in Terryville, NY is $445,100, with typical monthly owner costs around $2,569 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.0% 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 Terryville.

Frequently Asked Questions

Common questions about living costs in Terryville

What is the cost of living in Terryville, NY?
The cost of living index in Terryville, NY is 158 (US average = 100). Median monthly rent is $2,242, median household income is $112,262/year, and the median home value is $445,100.
Is Terryville, NY affordable?
No, Terryville is more expensive than the national average with a cost index of 158. The rent-to-income ratio is 24.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Terryville, NY?
The median gross rent in Terryville, NY is $2,242 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,904.
What is the median household income in Terryville?
The median household income in Terryville, NY is $112,262 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%.