What is the Best Neighborhoods USA ranking for Williamsburg?
Williamsburg is ranked #89 of 199 eligible neighborhoods in New York; #190 of 418 eligible neighborhoods in NY; and #6,709 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Williamsburg
New York, NY | Kings County
Scored premium profile
Best Neighborhoods USA Index
52.5
Stability and Strength
49.0
Value Opportunity
35.6
Momentum
81.8
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Kings County |
| National rank | #6,709 of 14,967 |
| State rank | #190 of 418 |
| City rank | #89 of 199 |
| County rank | #20 of 45 |
| National percentile | 55.2 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $2,215,663 |
| Year-over-year home value change | 3.7% |
| Month-over-month home value change | 0.64% |
| Home value to income ratio | 22.97 |
| Median household income | $96,474 |
| Bachelor's degree or higher | 51.7% |
| Civilian unemployment rate | 7.6% |
| Homeownership rate | 15.6% |
| Housing vacancy rate | 4.6% |
| Rent burden 30% or higher | 44.3% |
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 Williamsburg
Is Williamsburg one of the best neighborhoods in New York?
Williamsburg has a Best Neighborhoods USA Index of 52.5 and a city ranking of #89 of 199 eligible neighborhoods in New York.
How much are homes worth in Williamsburg?
The current Zillow Home Value Index for Williamsburg is approximately $2,215,663.
Are home values rising or falling in Williamsburg?
Zillow neighborhood values changed 3.7% year over year and 0.64% month over month.
What is the Neighborhood Momentum Score for Williamsburg?
Williamsburg has a Neighborhood Momentum Score of 81.8. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Williamsburg?
The NDS-derived neighborhood median household income is approximately $96,474.
How affordable is Williamsburg relative to household income?
The current Zillow home-value-to-household-income ratio is 22.97. Price-to-income affordability is a major Value Opportunity input.
Is Williamsburg primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 15.6%.
What is the unemployment rate in Williamsburg?
The NDS-derived civilian unemployment rate is approximately 7.6%.
How educated are residents of Williamsburg?
Approximately 51.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Williamsburg face high rent burden?
Approximately 44.3% 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 Williamsburg?
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
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 applications1,139
Estimated originations583
Home-purchase applications622
Origination rate51.2%
Home-purchase share54.6%
Average application loan$1,644,094
Total application loan amount$1,873,111,628
National application rank#143 of 14,874 rankable neighborhoods
Geometry coverage99.3%
Recent trend: Applications 6.9% YoY; originations 7.4% 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.