Indicator Category
Housing
Housing is an important asset to our region. Old and new developments offer a diverse mix of styles, materials, and landscapes that make the region an attractive place to call home. Housing has historically been more affordable here than elsewhere in the nation. The status of the region’s housing market is an important indicator of community well-being as it reflects wealth, inequities, and quality of life for the region’s residents.
The median price of purchasing a home is significantly lower than state and national averages while the cost of rental housing is also lower than state and national levels. However, housing is much less affordable for some racial and ethnic groups in our region, and less affordable in the City of Rochester.
In addition to indicators here, please note a New York State resource on housing statistics found here and be sure to read our Brain Food posts tagged with ‘Housing’ for associated narrative.
1/2x
In 2023, the median home value across the whole region was $166,500, which is less than half of the median home value of New York State, which was $403,000.
3%
The median rental price across our 8-county region has been steadily increasing at an average annual rate of 3%, rising from $519 in 2010 to $754 in 2023.
Spencerport
As of 2023, Spencerport has 0 vacant housing units, the lowest of our region’s localities.