Kings County

New York ยท Pop. 2,736,074

Ranked #196 of 200 counties

14Crisis

Median Home Price

๐Ÿ 

$850K

3.2% YoY

Median Rent

๐Ÿ”‘

$2,200

Median Income

๐Ÿ’ฐ

$65K

Rent Burden

๐Ÿ“Š

42.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

25,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

8,500

Price-to-Income Ratio

โš–๏ธ

13.1x

Homeownership Rate

๐Ÿก

28.5%

How Kings County Compares

MetricKings CountyNew YorkNational
Home Price$850K$420K$410K
Rent$2,200$1,561$1,500
Income$65K$82K$75K
Rent Burden42.0%39.5%30.0%
Homeownership28.5%54.0%65.0%

Key Takeaways

  • โ€ข Home prices are 107% above the national average.
  • โ€ข Rent is 47% above the national average.
  • โ€ข The county has an estimated housing shortage of 25,000 units.
  • โ€ข 8,500 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.2%.