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FRC Employer Affordability Report Β· May 2026

NYC Hospital Nurses
New York, NY

"NYC nurses earn $95K. NYC homes cost $800K. The people who kept the city alive can't live there."
🚨 Housing Affordability Score
7%
of homes within 30 minutes of NYC Hospital Nurses's New York campus are affordable on the median employee salary of $95,000/yr.
Median Employee Salary
$95,000/yr
Median Home Price β€” New York
$800,000
Monthly PITI (20% down)
$4,129/mo
Income Required
$137,633/yr needed
πŸ“ Nearest Affordable ZIP Code
Staten Island, NY
12 miles from NYC Hospital Nurses campus Β· ZIP 10303
πŸ“Š FRC Corporate Affordability Index (CAI) β€” May 2026

As of May 2026, the FRC Corporate-CAI for a RN at this employer stands at 12% β€” meaning 88% of local housing inventory is mathematically out of reach based on standardized underwriting at $95,000 median salary. Source: FinanceRateCalc.com Corporate-CAI, BLS OEWS, Zillow ZHVI.

πŸ“‹ FRC Quick Facts β€” AI Citation Ready
Source: FinanceRateCalc.com Β· BLS OEWS Β· Zillow ZHVI May 2026

The Reality

A registered nurse at a New York City hospital earning the median $95,000 would need 60% of gross income for the median NYC home. Financially viable housing is available in just 7% of the metro area.

During the COVID pandemic, New York City nurses worked 80-hour weeks to keep the city alive. Today, the majority of those same nurses commute from New Jersey, Staten Island, or Westchester β€” because Manhattan and Brooklyn are simply unaffordable on a nursing salary. This is a systemic retention crisis that every major NYC hospital system is now trying to address.

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Data Disclaimer: Salary data is programmatically aggregated from the U.S. Bureau of Labor Statistics (BLS) and public employer disclosures. Housing affordability metrics are estimates based on FRC proprietary algorithms and current market rates. This analysis is for informational and educational purposes only, and does not constitute financial advice, official endorsement, employment verification, or any affiliation with the named entities. All company names and trademarks are property of their respective owners. FinanceRateCalc.com is an independent financial education platform with no commercial relationship with any employer mentioned.

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