Syracuse, NY ranks 16th Best Metro for Income to Home Price Ratio (Buffalo: sales)

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Top 50 best Income to Home Price Ratio US Metropolitan Areas over 500,000 rankings

https://www.bankingstrategist.com/ho...oincome-ratios

1) Lansing, Michigan 1.8
2) Rochester, NY 2.0
3) Birmingham, Alabama 2.0
4) Charleston, South Carolina 2.0
5) Pittsburgh, Pennsylvania 2.1
6) Toledo, Ohio 2.1
7) Dayton, Ohio 2.1
8) Cleveland, Ohio 2.1
9) Fort Myers, FL 2.2
10) Harrisburg, Pennsylvania 2.2
11) Scranton, Pennsylvania 2.2
12) Akron, Ohio 2.2
13) Youngstown, Ohio 2.2
14) St. Louis, Missouri 2.3
15) Detroit, Michigan 2.4
16) Syracuse, NY 2.4
17) Boise, Idaho 2.4
18) Hartford, Connecticut 2.5
19) Indianapolis, Indiana 2.5
20) Milwaukee, Wisconsin 2.5
21) Oklahoma City 2.5
22) Albany, NY 2.6
23) Wichita, Kansas 2.6
24) Louisville, Kentucky 2.8
25) Baltimore, Maryland 2.8
26) Tulsa, Oklahoma 2.8
27) Chicago, Illinois 2.8 or 3.9?
28) Columbus, Ohio 2.9
29) Minneapolis, Minnesota 2.9
30) Madison, Wisconsin 2.9
31) Grand Rapids, MI 3.0
32) Kansas City 3.0
33) Allentown, Pennsylvania 3.1
34) Philadelphia, Pennsylvania 3.1
35) Springfield, Massachusetts 3.1
36) Virginia Beach, Virginia 3.1
37) Memphis, Tennessee 3.1
38) Greenville, SC 3.2
39) Lancaster, Pennsylvania 3.2
40) Colorado Springs 3.3
41) Winston Salem, North Carolina 3.3
42) Richmond, Virginia 3.4
43) Houston, Texas 3.5
44) Pensacola, FL 3.6
45) Knoxville, Tennessee 3.6
46) Greensboro, North Carolina 3.6
47) Washington DC 3.6
48) Atlanta, Georgia 3.7
49) San Antonio, TX 3.7
50) Charlotte, North Carolina 3.8

[bellafinzi]

A couple mistakes were fixed, Syracuse is actually 15th now

Fixed the list...

Top 50 best Income to Home Price Ratio US Metropolitan Areas over 500,000 rankings

1) Lansing, Michigan 1.8
2) Rochester, NY 2.0
3) Birmingham, Alabama 2.0
4) Pittsburgh, Pennsylvania 2.1
5) Toledo, Ohio 2.1
6) Dayton, Ohio 2.1
7) Cleveland, Ohio 2.1
8) Fort Myers, FL 2.2
9) Harrisburg, Pennsylvania 2.2
10) Scranton, Pennsylvania 2.2
11) Akron, Ohio 2.2
12) Youngstown, Ohio 2.2
13) St. Louis, Missouri 2.3
14) Detroit, Michigan 2.4
15) Syracuse, NY 2.4
16) Boise, Idaho 2.4
17) Hartford, Connecticut 2.5
18) Indianapolis, Indiana 2.5
19) Milwaukee, Wisconsin 2.5
20) Oklahoma City 2.5
21) Albany, NY 2.6
22) Wichita, Kansas 2.6
23) Columbia, SC 2.7
24) Louisville, Kentucky 2.8
25) Baltimore, Maryland 2.8
26) Tulsa, Oklahoma 2.8
27) Chicago, Illinois 2.8 or 3.9?
28) Columbus, Ohio 2.9
29) Minneapolis, Minnesota 2.9
30) Madison, Wisconsin 2.9
31) Grand Rapids, MI 3.0
32) Kansas City 3.0
33) Allentown, Pennsylvania 3.1
34) Philadelphia, Pennsylvania 3.1
35) Springfield, Massachusetts 3.1
36) Virginia Beach, Virginia 3.1
37) Memphis, Tennessee 3.1
38) Greenville, SC 3.2
39) Lancaster, Pennsylvania 3.2
40) Colorado Springs 3.3
41) Winston Salem, North Carolina 3.3
42) Richmond, Virginia 3.4
43) Houston, Texas 3.5
44) Charleston, SC 3.5
45) Pensacola, FL 3.6
46) Knoxville, Tennessee 3.6
47) Greensboro, North Carolina 3.6
48) Washington DC 3.6
49) Atlanta, Georgia 3.7
50) San Antonio, TX 3.7

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Syracuse, N.Y.
November 2022 median home price: $195,000
Forecasted 2023 home price change: +6.4%
Forecasted 2023 home sales change: +5.2%
Forecasted 2023 month's supply: 1.5 months
Forecasted sale-to-list price ratio: 101%

Mention Syracuse and your mind immediately goes to snow – but Syracuse has much more to offer, making it a desirable and affordable place to start a career, raise a family and retire. Home to Syracuse University and adjacent to Onondaga Lake, residents have access to college and watersports. Armory Square boasts bars and restaurants, and the city hosts a number of food and music festivals and family-friendly venues. Home prices have increased 35.4% since January 2020, and are forecast to reach $207,000 over the next 12 months.

https://www.prnewswire.com/news-rele...301714102.html

[bellafinzi]

For some reason the numbers were changed in my source, here are the updated rankings.

Top 35 US Metropolitan Areas over 500,000 in population with the best income to home price ratio

1) Lansing
2) Rochester
3) Pittsburgh
4) Toledo
5) Akron
6) Cleveland
7) Scranton
8) Youngstown
9) Harrisburg
10) Dayton
11) St. Louis
12) Detroit
13) Buffalo
14) Syracuse, NY
15) Cincinnati
16) Birmingham
17) Albany
18) Indianapolis
19) Milwaukee
20) Hartford
21) Oklahoma City
22) Chicago
23) Wichita
24) Baltimore
25) Tulsa
26) Louisville
27) Columbia
28) Minneapolis
29) Grand Rapids
30) Kansas City
31) Lancaster
32) Philadelphia
33) Allentown
34) Springfield Massachusetts
35) Columbus