Income needed to buy a home
Dutchess County, NY
$185,403
a year in household income to buy the typical Dutchess County home with 10% down.
The monthly math
Typical home value$506,431
Down payment (10%)$50,643
Loan$455,788
Principal and interest (7.40%)$3,156/mo
Property tax (1.72% a year)$727/mo
Homeowners insurance (estimate)$253/mo
Mortgage insurance$190/mo
Total monthly cost$4,326/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $99,478 a year, 54% of what it takes.
In New York
Dutchess County ranks #53 of 62 for the income a home takes, from least to most.
Easiest to afford in New York
| County | Typical home | Income needed |
|---|---|---|
| Allegany County | $143,514 | $55,846 |
| St. Lawrence County | $151,402 | $56,547 |
| Chemung County | $165,850 | $62,352 |
| Cattaraugus County | $169,594 | $63,299 |
| Chenango County | $170,494 | $64,427 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.