When Making $135,000 Means Roommates

A daily mix of stories about cities, city life, and our always evolving neighborhoods and skylines. [Curbed]( TUESDAY, MAY 21 unaffordable housing [When Making $135,000 Means Roommates]( Turns out just a third of Manhattan studios and one-beds are in budget for some of the city’s highest earners. Photo-Illustration: Curbed; Photos: Getty Most New Yorkers earn less than $100,000 a year — the average gross annual salary in 2023 was $88,674, per the New York State Department of Labor — but it’s becoming increasingly clear that even those pulling in a good chunk more can’t afford to live here. A person making an average of $135,000 a year can only sort of swing the rent on a studio or one-bedroom anymore, according to a [new report from StreetEasy](. (The study focuses on tech workers in the city — pointing out that they can only manage a third of rental listings if the goal is to pay no more than 30 percent of their income on rent — but the salary is the salary.) For those earning the entry-level tech salary of $75,000, meanwhile, there’s pretty much nothing: In Manhattan, just 0.6 percent of studios and one-bedrooms are affordable to someone making that wage. The odds are hardly better in Brooklyn and Queens: Just 2.5 percent and 3.6 percent of studios and one-beds are within range, respectively. Even in the Bronx, it’s 14.4 percent. [Continue reading »]( Want more on city life, real estate, and design? [Subscribe now]( to save over 40% on unlimited access to Curbed and everything New York. [Learn more about RevenueStripe...]( The Latest [Fiberglass Chairs, Rodeo-Inspired Lamps, and More From Jonalddudd’s 2024 Show The independent design show included robotic lamps and a chair composed of interlocking apple-shaped slices.]( By Morgan Meier [Nobody Wants to Mow the Lawn at the Beach Breck and Georgia Eisner’s Amagansett retreat gives the children a cottage of their own.]( By Wendy Goodman [A Startlingly Well-Priced Fieldston One-Bedroom And a picturesque little studio on Jane Street for $450,000.]( By Curbed Staff [Learn more about RevenueStripe...]( [Read More From Curbed]( [Sign up to get The Listings Edit](, a weekly digest of the most worth-it apartments in New York. [GET THE NEWSLETTER]( [logo]( [facebook logo]( [instagram logo]( [twitter logo]( [unsubscribe]( | [privacy notice]( | [update preferences]( This email was sent to {EMAIL}. Was this email forwarded to you? [Sign up now]( to get this newsletter in your inbox. [View this email in your browser.]( You received this email because you have a subscription to New York. Reach the right online audience with us For advertising information on email newsletters, please contact AdOps@nymag.com Vox Media, LLC 1701 Rhode Island Ave NW, Washington, DC 20036 Copyright © 2024, All rights reserved