Neighborhood Profile

Hollis

New York, NY | Queens County
Scored premium profile
Best Neighborhoods USA Index
49.7
National rank: #7,729 of 14,967
Stability and Strength
43.9
Score
Value Opportunity
34.4
Score
Momentum
80.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyQueens County
National rank#7,729 of 14,967
State rank#219 of 418
City rank#102 of 199
County rank#25 of 48
National percentile48.4
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$806,751
Year-over-year home value change4.2%
Month-over-month home value change0.36%
Home value to income ratio8.86
Median household income$91,010
Bachelor's degree or higher26.7%
Civilian unemployment rate7.0%
Homeownership rate59.8%
Housing vacancy rate7.7%
Rent burden 30% or higher56.4%

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 Hollis

What is the Best Neighborhoods USA ranking for Hollis?

Hollis is ranked #102 of 199 eligible neighborhoods in New York; #219 of 418 eligible neighborhoods in NY; and #7,729 of 14,967 eligible neighborhoods in the United States.

Is Hollis one of the best neighborhoods in New York?

Hollis has a Best Neighborhoods USA Index of 49.7 and a city ranking of #102 of 199 eligible neighborhoods in New York.

How much are homes worth in Hollis?

The current Zillow Home Value Index for Hollis is approximately $806,751.

Are home values rising or falling in Hollis?

Zillow neighborhood values changed 4.2% year over year and 0.36% month over month.

What is the Neighborhood Momentum Score for Hollis?

Hollis has a Neighborhood Momentum Score of 80.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Hollis?

The NDS-derived neighborhood median household income is approximately $91,010.

How affordable is Hollis relative to household income?

The current Zillow home-value-to-household-income ratio is 8.86. Price-to-income affordability is a major Value Opportunity input.

Is Hollis primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 59.8%.

What is the unemployment rate in Hollis?

The NDS-derived civilian unemployment rate is approximately 7.0%.

How educated are residents of Hollis?

Approximately 26.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Hollis face high rent burden?

Approximately 56.4% 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 Hollis?

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 applications565
Estimated originations244
Home-purchase applications260
Origination rate43.1%
Home-purchase share46.0%
Average application loan$421,465
Total application loan amount$238,327,907
National application rank#453 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 0.5% YoY; originations -5.5% 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.