Tag: Burdened

Mamaroneck village residents are ‘rent’ and ‘cost’ burdened. What that means

Mamaroneck village is in the throes of an affordable-housing crisis, a village government-issued report says. Incomes can’t compete with rising rents and the median single-family house sold for $1.08 million in 2023. To afford that median home requires an estimated $373,842 household income, according to the 17-page village Planning Department report. And while resident incomes […]