Neighborhood Profile

Flatbush

New York, NY | Kings County
Scored premium profile
Best Neighborhoods USA Index
40.8
National rank: #10,792 of 14,967
Stability and Strength
36.6
Score
Value Opportunity
28.2
Score
Momentum
65.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyKings County
National rank#10,792 of 14,967
State rank#315 of 418
City rank#155 of 199
County rank#35 of 45
National percentile27.9
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,059,523
Year-over-year home value change1.1%
Month-over-month home value change0.57%
Home value to income ratio13.86
Median household income$76,436
Bachelor's degree or higher39.3%
Civilian unemployment rate7.1%
Homeownership rate18.1%
Housing vacancy rate11.3%
Rent burden 30% or higher51.7%

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 Flatbush

What is the Best Neighborhoods USA ranking for Flatbush?

Flatbush is ranked #155 of 199 eligible neighborhoods in New York; #315 of 418 eligible neighborhoods in NY; and #10,792 of 14,967 eligible neighborhoods in the United States.

Is Flatbush one of the best neighborhoods in New York?

Flatbush has a Best Neighborhoods USA Index of 40.8 and a city ranking of #155 of 199 eligible neighborhoods in New York.

How much are homes worth in Flatbush?

The current Zillow Home Value Index for Flatbush is approximately $1,059,523.

Are home values rising or falling in Flatbush?

Zillow neighborhood values changed 1.1% year over year and 0.57% month over month.

What is the Neighborhood Momentum Score for Flatbush?

Flatbush has a Neighborhood Momentum Score of 65.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Flatbush?

The NDS-derived neighborhood median household income is approximately $76,436.

How affordable is Flatbush relative to household income?

The current Zillow home-value-to-household-income ratio is 13.86. Price-to-income affordability is a major Value Opportunity input.

Is Flatbush primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 18.1%.

What is the unemployment rate in Flatbush?

The NDS-derived civilian unemployment rate is approximately 7.1%.

How educated are residents of Flatbush?

Approximately 39.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Flatbush face high rent burden?

Approximately 51.7% 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 Flatbush?

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 applications685
Estimated originations321
Home-purchase applications354
Origination rate46.8%
Home-purchase share51.7%
Average application loan$1,003,441
Total application loan amount$687,461,463
National application rank#341 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -14.6% YoY; originations -25.2% 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.