Queens County
New York · Pop. 2,405,464
Ranked #191 of 200 counties
18Crisis
Median Home Price
🏠$720K
3.5% YoY
Median Rent
🔑$2,100
Median Income
💰$72K
Rent Burden
📊38.5%
% of income to rent
Housing Shortage
🏗️18,000
estimated unit deficit
Building Permits (2024)
📋6,200
Price-to-Income Ratio
⚖️10.0x
Homeownership Rate
🏡42.0%
How Queens County Compares
| Metric | Queens County | New York | National |
|---|---|---|---|
| Home Price | $720K | $420K | $410K |
| Rent | $2,100 | $1,561 | $1,500 |
| Income | $72K | $82K | $75K |
| Rent Burden | 38.5% | 39.5% | 30.0% |
| Homeownership | 42.0% | 54.0% | 65.0% |
Key Takeaways
- • Home prices are 76% above the national average.
- • Rent is 40% above the national average.
- • The county has an estimated housing shortage of 18,000 units.
- • 6,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.5%.