Richmond County, NY

This county of 501,892 residents needs 6,031 more housing units over the next five years. Richmond County is part of the New York Metropolitan Transportation Council.

Housing snapshot

Population
501,892 (2026)
Households
172,125
Median household income
$107,430 (2026)
Typical home value
$715,522
Owner-occupied
63%
Five-year housing need
6,031 units

Comparison to other New York counties

Richmond County: $107,430 Median income (2026 estimate)
<$54K >$119K
Richmond County: 0.74 jobs to household ratio
<0.57 >1.21
Richmond County: Permits since 2021 represent 1.4% of housing
<0.8% >4.9%
On this page

How affordable is this community?

The typical home in Richmond County, NY is valued at $715,522, well above the New York average of $245,316. Richmond County, NY's median household income of $107,430 falls well short of what is needed to afford the typical home, leaving a gap of about $67,753.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Richmond County, NY has a population of roughly 494,956 that has been largely stable in recent years.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Richmond County, NY has roughly 172,125 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Richmond County, NY, attached single-family and 2-4 unit multifamily accounts for 52% of the housing stock. Homeownership is the norm in Richmond County, NY, with 63% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Richmond County, NY needs 6,031 new units over the next 5 years.

265
Units needed to keep up with expected growth
Projected total household growth from 2026 to 2031.
0.2%
Projected household growth rate
Expected increase in total households from 172,125 in 2026 to 172,390 in 2031.
5,766
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
734
Replacement housing
Effective annual loss rate is 0.8 per 1,000 units.
1,675
Rental vacancy adjustment
Rental vacancy is 4.7%. This is below the minimum stable target of 7.4%.
3,357
Overcrowding adjustment
Overcrowding rate is 5.4%. This is above National avg. of 3.4%.
6,031
Total 5-year housing production need (2026-2031)
1,206
Annual production pace
Average units needed per year to meet 5-year need
3.3%
Total housing unit growth
Percent increase in housing stock over 5 years
0.7%
Annual housing unit growth
Average percent increase in housing stock per year

How do these communities compare to each other?