Income needed to buy a home
Ontario County, NY
$122,672
a year in household income to buy the typical Ontario County home with 10% down.
The monthly math
Typical home value$329,614
Down payment (10%)$32,961
Loan$296,653
Principal and interest (7.40%)$2,054/mo
Property tax (1.89% a year)$520/mo
Homeowners insurance (estimate)$165/mo
Mortgage insurance$124/mo
Total monthly cost$2,862/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 $82,324 a year, 67% of what it takes.
In New York
Ontario County ranks #42 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.