Neighborhood Profile

Sunset Park

New York, NY | Kings County
Scored premium profile
Best Neighborhoods USA Index
40.0
National rank: #11,031 of 14,967
Stability and Strength
29.0
Score
Value Opportunity
20.8
Score
Momentum
84.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyKings County
National rank#11,031 of 14,967
State rank#319 of 418
City rank#157 of 199
County rank#36 of 45
National percentile26.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,653,598
Year-over-year home value change3.9%
Month-over-month home value change0.91%
Home value to income ratio25.22
Median household income$65,570
Bachelor's degree or higher24.8%
Civilian unemployment rate7.7%
Homeownership rate24.7%
Housing vacancy rate9.6%
Rent burden 30% or higher57.0%

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 Sunset Park

What is the Best Neighborhoods USA ranking for Sunset Park?

Sunset Park is ranked #157 of 199 eligible neighborhoods in New York; #319 of 418 eligible neighborhoods in NY; and #11,031 of 14,967 eligible neighborhoods in the United States.

Is Sunset Park one of the best neighborhoods in New York?

Sunset Park has a Best Neighborhoods USA Index of 40.0 and a city ranking of #157 of 199 eligible neighborhoods in New York.

How much are homes worth in Sunset Park?

The current Zillow Home Value Index for Sunset Park is approximately $1,653,598.

Are home values rising or falling in Sunset Park?

Zillow neighborhood values changed 3.9% year over year and 0.91% month over month.

What is the Neighborhood Momentum Score for Sunset Park?

Sunset Park has a Neighborhood Momentum Score of 84.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Sunset Park?

The NDS-derived neighborhood median household income is approximately $65,570.

How affordable is Sunset Park relative to household income?

The current Zillow home-value-to-household-income ratio is 25.22. Price-to-income affordability is a major Value Opportunity input.

Is Sunset Park primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 24.7%.

What is the unemployment rate in Sunset Park?

The NDS-derived civilian unemployment rate is approximately 7.7%.

How educated are residents of Sunset Park?

Approximately 24.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Sunset Park face high rent burden?

Approximately 57.0% 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 Sunset Park?

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

MODERATE

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 applications440
Estimated originations237
Home-purchase applications265
Origination rate53.9%
Home-purchase share60.3%
Average application loan$644,241
Total application loan amount$283,422,806
National application rankNot rankable
Geometry coverage90.1%
Recent trend: Applications 19.7% YoY; originations 11.4% 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.