What is the Best Neighborhoods USA ranking for Gowanus?
Gowanus is ranked #42 of 199 eligible neighborhoods in New York; #107 of 418 eligible neighborhoods in NY; and #3,730 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Gowanus
New York, NY | Kings County
Scored premium profile
Best Neighborhoods USA Index
60.9
Stability and Strength
59.4
Value Opportunity
43.0
Momentum
88.5
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 | #3,730 of 14,967 |
| State rank | #107 of 418 |
| City rank | #42 of 199 |
| County rank | #8 of 45 |
| National percentile | 75.1 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $2,244,464 |
| Year-over-year home value change | 4.5% |
| Month-over-month home value change | 1.85% |
| Home value to income ratio | 14.55 |
| Median household income | $154,260 |
| Bachelor's degree or higher | 68.4% |
| Civilian unemployment rate | 9.8% |
| Homeownership rate | 31.6% |
| Housing vacancy rate | 5.7% |
| Rent burden 30% or higher | 36.7% |
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 Gowanus
Is Gowanus one of the best neighborhoods in New York?
Gowanus has a Best Neighborhoods USA Index of 60.9 and a city ranking of #42 of 199 eligible neighborhoods in New York.
How much are homes worth in Gowanus?
The current Zillow Home Value Index for Gowanus is approximately $2,244,464.
Are home values rising or falling in Gowanus?
Zillow neighborhood values changed 4.5% year over year and 1.85% month over month.
What is the Neighborhood Momentum Score for Gowanus?
Gowanus has a Neighborhood Momentum Score of 88.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Gowanus?
The NDS-derived neighborhood median household income is approximately $154,260.
How affordable is Gowanus relative to household income?
The current Zillow home-value-to-household-income ratio is 14.55. Price-to-income affordability is a major Value Opportunity input.
Is Gowanus primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 31.6%.
What is the unemployment rate in Gowanus?
The NDS-derived civilian unemployment rate is approximately 9.8%.
How educated are residents of Gowanus?
Approximately 68.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Gowanus face high rent burden?
Approximately 36.7% 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 Gowanus?
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 applications218
Estimated originations124
Home-purchase applications151
Origination rate56.6%
Home-purchase share69.0%
Average application loan$1,398,778
Total application loan amount$305,533,912
National application rank#1,824 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.6% YoY; originations 4.9% 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.