Kings County
New York ยท Pop. 2,736,074
Ranked #196 of 200 counties
14Crisis
Median Home Price
๐$850K
3.2% YoY
Median Rent
๐$2,200
Median Income
๐ฐ$65K
Rent Burden
๐42.0%
% of income to rent
Housing Shortage
๐๏ธ25,000
estimated unit deficit
Building Permits (2024)
๐8,500
Price-to-Income Ratio
โ๏ธ13.1x
Homeownership Rate
๐ก28.5%
How Kings County Compares
| Metric | Kings County | New York | National |
|---|---|---|---|
| Home Price | $850K | $420K | $410K |
| Rent | $2,200 | $1,561 | $1,500 |
| Income | $65K | $82K | $75K |
| Rent Burden | 42.0% | 39.5% | 30.0% |
| Homeownership | 28.5% | 54.0% | 65.0% |
Key Takeaways
- โข Home prices are 107% above the national average.
- โข Rent is 47% above the national average.
- โข The county has an estimated housing shortage of 25,000 units.
- โข 8,500 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.2%.