New York City Median Renter Income Continued Its Upward Trend

Data Updates | September 25th 2017

Between 2015 and 2016, real median renter household income continued an upward trajectory, increasing by 4.6% to $45,750. Over the same time period, median rent also increased, though by just 1.5%, the smallest year-over-year increase since 2012. Median rent for all units citywide was $1,350 in 2016. Despite recent income gains and the slowing of rent increases, increases in median rent outpaced increases in median renter household income by 7 percentage points between 2005 and 2016. 

Last week, the U.S. Census Bureau released the 2016 one-year estimates from the American Community Survey. To view the latest 2016 data for New York City and its neighborhoods, including rent and income indicators, visit

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