
Kingston, NY
The numbers that matter most
What an investor checks first when sizing up a new metro — affordability ratio, rent vs income, cap rate proxy, and where the market is moving. Each metric shown vs. state and national medians for instant context.
moderate
Price to income
3.85×
The single most-cited 'is this market still cheap' check. Below 3× and you're in an affordability tailwind.
- vs New York
- 2.92×
- vs U.S.
- 3.43×
Benchmark
ACS median home value ÷ median HHI
moderate
Rent to income
26.7%
What share of a typical household's income goes to rent. Below 30% means tenants can absorb modest rent increases.
- vs New York
- 23.7%
- vs U.S.
- 23.3%
Benchmark
(HUD FMR 2BR × 12) ÷ median HHI
deal-by-deal
Cap rate proxy
4.50%
Rough first-pass yield assuming a 35% expense ratio. Not an underwriting number — a 'is this even worth modeling' filter.
- vs New York
- 5.04%
- vs U.S.
- 4.35%+0.15
Benchmark
(FMR 2BR × 12 × 0.65) ÷ ACS median home value
steady
Net migration
+0.20%
Forward-looking demand signal. Positive net migration drives rent growth and absorbs new supply.
- vs New York
- -0.11%+0.30
- vs U.S.
- 0.03%+0.17
Benchmark
IRS net migration ÷ population
normal
Permit pipeline
3.01
permits per 1,000 residents
Forward-supply indicator. Above ~5 means the metro is building meaningfully relative to its size; below 2 means supply is tight.
- vs New York
- 2.37+0.64
- vs U.S.
- 3.52
Benchmark
Census BPS permits TTM ÷ population × 1,000
healthy
Unemployment
3.5%
Tighter unemployment means higher wages, more rental demand, lower vacancy.
- vs New York
- 3.9%-0.4
- vs U.S.
- 3.9%-0.4
Benchmark
BLS LAUS, latest month
Where prices are and where they've been
5-year price appreciation
+67.4%
homeValues.yearOverYear
+7.9%
Median home value
$315,100
The rent ladder
| Bedroom | Monthly | Annual | % of median HHI |
|---|---|---|---|
| 1 BR | $1,386 | $16,632 | 20.3% |
| 2 BR | $1,818 | $21,816 | 26.7% |
| 3 BR | $2,245 | $26,940 | 32.9% |
Labor market direction
Unemployment
3.5%
Median household income
$81,804
What's being built
Total TTM
549
+109.5% YoY
Single-family
233
2–4 unit
36
5+ unit
280
All 1 counties, ranked by population
| County | Population | Home value | Median HHI | Permits TTM | YoY |
|---|---|---|---|---|---|
| Ulster County | 182,153 | $315,100 | $81,804 | 549 | +109.5% |
Similar metros nationally
| Metro | Pop | Med HHI | P/I | Cap proxy | HPI 5y | Permits/1k | Unemp |
|---|---|---|---|---|---|---|---|
| ★Kingston | 182,153 | $81,804 | 3.85× | 4.50% | +67.4% | 3.01 | 3.5% |
| Warner Robins, GA | 192,171 | $78,702 | — | — | +60.2% | — | 2.8% |
| St. George, UT | 183,297 | $76,411 | — | — | +52.1% | — | 3.7% |
| Bloomington, IL | 171,284 | $78,329 | — | — | +55.6% | — | 4.6% |
| Coeur d'Alene, ID | 173,396 | $77,034 | — | — | +51.0% | — | 4.4% |
| East Stroudsburg, PA | 168,128 | $82,374 | — | — | — | — | — |
Where people are moving in from
Net migration
+356
+0.20% of population
| Origin county | Tax returns |
|---|---|
| Orange County, NY | 665 |
| Dutchess County, NY | 551 |
| Kings County, NY | 444 |
| New York County, NY | 334 |
| Queens County, NY | 181 |
| Sullivan County, NY | 126 |
Who lives in Kingston
- Median age
- 44
- Bachelor's+
- 37.1%
- Owner-occupancy
- 70.0%
- Vacancy rate
- 15.2%
- Rent burdened (30%+)
- 51.2%
- Median household income
- $81,804
This page shows federally sourced data. A full editorial analysis with charts and investment commentary is in progress.
