Neighborhood Profile

Corona

New York, NY | Queens County
Scored premium profile
Best Neighborhoods USA Index
42.4
National rank: #10,260 of 14,967
Stability and Strength
31.1
Score
Value Opportunity
24.6
Score
Momentum
85.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyQueens County
National rank#10,260 of 14,967
State rank#301 of 418
City rank#150 of 199
County rank#42 of 48
National percentile31.5
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,060,584
Year-over-year home value change5.9%
Month-over-month home value change0.32%
Home value to income ratio15.59
Median household income$68,035
Bachelor's degree or higher15.8%
Civilian unemployment rate7.2%
Homeownership rate23.5%
Housing vacancy rate4.0%
Rent burden 30% or higher55.7%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Corona

What is the Best Neighborhoods USA ranking for Corona?

Corona is ranked #150 of 199 eligible neighborhoods in New York; #301 of 418 eligible neighborhoods in NY; and #10,260 of 14,967 eligible neighborhoods in the United States.

Is Corona one of the best neighborhoods in New York?

Corona has a Best Neighborhoods USA Index of 42.4 and a city ranking of #150 of 199 eligible neighborhoods in New York.

How much are homes worth in Corona?

The current Zillow Home Value Index for Corona is approximately $1,060,584.

Are home values rising or falling in Corona?

Zillow neighborhood values changed 5.9% year over year and 0.32% month over month.

What is the Neighborhood Momentum Score for Corona?

Corona has a Neighborhood Momentum Score of 85.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Corona?

The NDS-derived neighborhood median household income is approximately $68,035.

How affordable is Corona relative to household income?

The current Zillow home-value-to-household-income ratio is 15.59. Price-to-income affordability is a major Value Opportunity input.

Is Corona primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 23.5%.

What is the unemployment rate in Corona?

The NDS-derived civilian unemployment rate is approximately 7.2%.

How educated are residents of Corona?

Approximately 15.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Corona face high rent burden?

Approximately 55.7% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Corona?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications424
Estimated originations207
Home-purchase applications242
Origination rate48.7%
Home-purchase share57.0%
Average application loan$515,454
Total application loan amount$218,685,822
National application rank#705 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.8% YoY; originations 0.0% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.