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Monroe County, NY

RANK #397 / 1001 NAT  ·  #28 / 45 NY  ·  POP 753,753

1YR FORECAST: +2.1%

5YR OUTLOOK: +30%

Monroe County's housing market is projected to grow +2.1% over the next year, tracking near the national average.

[01] Why Monroe County?

Monroe County, New York, is often recognized for its extensive park system, with Mendon Ponds Park standing out as a National Natural Landmark spanning over 2,500 acres of woodlands, ponds, and wetlands. Located in upstate New York, the county is home to the city of Rochester and 19 towns and villages, offering a blend of urban amenities and suburban comfort. Commutes within the county are generally short, averaging around 20 minutes. The Genesee River bisects the county, flowing through Rochester and into Lake Ontario, providing waterfront access and natural scenery.

Life in Monroe County is characterized by access to cultural amenities, recreational activities, and a range of educational opportunities. Public schools in towns like Pittsford and Fairport are highly rated. The economy is diverse, with a focus on technology, manufacturing, and higher education institutions such as the University of Rochester and Rochester Institute of Technology. Recent economic developments include investments in workforce development programs and support for businesses, aiming to create job opportunities and retain talent. The county also addresses housing needs through initiatives to increase inventory across various price points.

MARKET PROFILE

Heartland Steady Growth

Monroe County is one of 145 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +4.1% runs below the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
6.0x

Below national median (11.3x)

Home Prices
+4.1%

Outpacing national median

Climate & Terrain
-0.8

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 6.0x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    University of Rochester Education
    25,000+
  2. 2
    Rochester Regional Health Healthcare
    10,000+
  3. 3
    Wegmans Food Markets Retail
  4. 4
    Xerox Technology
    5,000+
  5. 5
    Lifetime Healthcare Companies (Excellus Blue Cross Blue Shield) Healthcare
  6. 6
    Rochester Institute of Technology (RIT) Education
    2,500+
  7. 7
    Paychex Finance
  8. 8
    Monroe County Government Government
  9. 9
    Sutherland Global Services Technology
    500+
  10. 10
    Carestream Health Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Monroe County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
753,753
-0.04% YoY
Median Household Income
$76,382
Median Home Value
$213,700
+4.07% 12mo
Median Rent
$1,173
Average Annual Pay
$69,039
+3.3% YoY
Employment
386,959
+1.3% YoY
Income-to-Home-Value
0.3574
More affordable than average
Migration Inflow
2.37%
of pop. from another state
Bachelor's Degree+
41.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$300,000
Days on Market
8
Very hot — homes selling fast
Months of Supply
1.1
Seller's market
Sale-to-List Ratio
119.3%
Homes selling above asking
Sold Above List
83.8%
Listings w/ Price Drops
14.5%
Building Permits (2025)
755
Single-Family Permits
586

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
7.3
per 100K · nat avg 6.3
Firearm Fatalities
9.4
per 100K · nat avg 14.8
Injury Deaths
88.7
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
42.3
Good
Good Air Days
68%
746 of 1,095 days
Unhealthy+ Days (3yr)
10
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
43
2022
42
2023
42
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$1,605M
TOTAL
PROJECT AMOUNT STATUS
Google Data Center Campus
Google
$1,100M Planned
Rochester-Monroe Transformation Initiative
New York State (with Monroe County and City of Rochester)
$300M Proposed
Eastwater Energy Storage
Undisclosed (Grid Connected Infrastructure likely)
$100M Planned
Applied Technology Center at Monroe Community College
Monroe Community College
$55M Under Construction
Community Solar Portfolio (Multiple Projects)
Various (AES Distributed Energy, Generate Capital, Avon Solar Farm LLC, etc.)
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth -0.0% 21 percentile
Income Growth +2.6% 46 percentile
Vacancy Rate 1.1% 40 percentile
Home Price Change +4.1% 78 percentile
Rent Growth +3.3% 56 percentile
Price/Rent 11x 92 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Monroe County, NY a good place to move to?

With a Boom Town Index score of 60/100, Monroe County sits in the upper half of all 1001 ranked counties. Employment is expanding at +1.3%, and median household income stands at $76,382 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NY.

Is Monroe County affordable?

By national standards, Monroe County is quite affordable. Homes here have a median value of $213,700, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $1,173/month. Residents can generally buy a home without being cost-burdened.

Is Monroe County growing or shrinking?

Employers in Monroe County are hiring — job growth of +1.3% — but the population is close to flat (-0.0% YoY). Home values moved +4.1% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Monroe County?

There's a moderate stream of newcomers. About 2.37% of residents moved from another state, which is above average and suggests Monroe County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Clinton County, NY 60 Schenectady County, NY 61 Cayuga County, NY 59 Onondaga County, NY 58 Queens County, NY 63 Richmond County, NY 57 Jackson County, MO 62 Tulsa County, OK 58