Home values may be on the rise here in the borough, but household income is slow to follow, according to a report from VHomeInsurance.com.
It analyzed data from the U.S. Census Bureau.
Its findings show home values grew two and half times the rate of median household income between 1980 and 2015.
Joe Tirone of Community Home Brokerage said increased development, low inventory and high demand are key factors behind the increase.
Tirone said potential home-buyers on Staten Island shouldn't be alarmed by the numbers.
"Right now with interest rates where they are the affordability is not an issue or not as big as an issue that you might think when you look at an article like that. In terms of them thinking they're coming in late in the market, there's still opportunity here on Staten Island versus the other boroughs," said Tirone.
According to the report, home values have increased more than 600 percent over the last 35 years.