Amazon HQ2: NYC Ranked Among Worst For Housing, Quality Of Life

NEW YORK, NY — New York City's housing market has put it almost rock bottom in real estate rankings for the 20 cities among finalists for Amazon's second headquarters.

NYC's median home price of $1.445 million makes it by far the most expensive of the cities being considered, according the ATTOM Data Solutions, which analyzes numbers about the housing market. ATTOM has not been contracted by Amazon.

The company found the, after New York, the city with the next most expensive homes was Los Angeles, which has a median price of $776,000. Most other cities were below $400,000.

New York also scored poorly on it home price compared to income, which earned it a 14.79 – the highest number among all the finalists.

Raleigh has the best overall real estate among 20 finalists for Amazon's second headquarters. ATTOM Data Solutions found, beating out Atlanta, Pittsburgh and Nashville for the top spot.

But only Boston ranked lower than New York City.

Here's a full breakdown of NYC's scores:

• Overall real estate rank: 18
• Q4 2017 median home price: $1,445,000
• 5-Year home price appreciation: 41 percent
• Price to income ratio: 14.79
• Average school score: 1.09
• Crime rate to national average: 82
• Effective property tax rate: 1.15 percent
• Environmental hazard risk index: 54.5

Amazon considered more than 200 proposals from various countries before announcing the finalists in February. The 20th, Toronto, doesn't factor in ATTOM's analysis because it's not in the U.S.

Click here to see how other cities ranked on the chart.

Photo credit: David Ryder/Getty Images