Cost of Living in Herkimer, NY
Population 7,335 · New York · Data vintage 2023
(100 = US avg)
Herkimer sits on the smaller end of the New York city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 6.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Herkimer is about 60 miles east of Syracuse, the nearest large metro. Housing prices track closely with Syracuse's $125,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Herkimer
The median home value in Herkimer is $123,700 — 59% below the national median of $305,000. Median rent runs $824/month, 37% lower than the national median of $1,314/month. The median household income of $57,281/year is 23% lower than the US median of $74,580. The local unemployment rate is 6.2%, above the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 56.0°F and lows of 37.4°F. Overall, Herkimer has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.
Herkimer has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 30 | 32 | 41 | 55 | 68 | 76 | 81 | 79 | 72 | 59 | 46 | 35 |
| Low °F | 14 | 15 | 23 | 35 | 46 | 55 | 60 | 58 | 51 | 41 | 31 | 21 |
| Precip" | 2.65 | 2.26 | 3.02 | 3.91 | 3.88 | 4.47 | 4.18 | 4.68 | 3.47 | 4.29 | 3.63 | 3.56 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Herkimer, NY?
Herkimer has a cost index of 49 (100 = national average). It is 51% below the national average.
What is average rent in Herkimer, NY?
The median gross rent in Herkimer is $824 per month based on 2023 Census data.
What is the average home price in Herkimer?
The median home value in Herkimer is $123,700 according to 2023 Census ACS data.
What is the median income in Herkimer?
The median household income in Herkimer is $57,281 per year (2023 ACS 5-year estimates).
What is the sales tax in Herkimer, NY?
The combined state and local sales tax rate in Herkimer is 8.5%. The New York state income tax top rate is 10.9%.
Is Herkimer, NY affordable?
Yes, Herkimer is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.
What is the weather like in Herkimer?
Herkimer has average high temperatures of 56.0°F and average lows of 37.4°F. Annual precipitation is 44". Data from NOAA 1991–2020 Climate Normals.
Herkimer at a Glance
- Population
- 7,335
- Median Income
- $57,281
- Home Value
- $123,700
- Median Rent
- $824/mo
- Unemployment
- 6.2%
- Avg High Temp
- 56.0°F
- Sales Tax
- 8.5%
Explore county-level cost of living data
New York Rankings
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