What is the Best Neighborhoods USA ranking for Flatlands?
Flatlands is ranked #139 of 199 eligible neighborhoods in New York; #278 of 418 eligible neighborhoods in NY; and #9,508 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Flatlands
New York, NY | Kings County
Scored premium profile
Best Neighborhoods USA Index
44.7
Stability and Strength
43.2
Value Opportunity
30.8
Momentum
66.3
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 | #9,508 of 14,967 |
| State rank | #278 of 418 |
| City rank | #139 of 199 |
| County rank | #30 of 45 |
| National percentile | 36.5 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $744,755 |
| Year-over-year home value change | 1.0% |
| Month-over-month home value change | 0.79% |
| Home value to income ratio | 9.01 |
| Median household income | $82,647 |
| Bachelor's degree or higher | 35.2% |
| Civilian unemployment rate | 8.4% |
| Homeownership rate | 63.7% |
| Housing vacancy rate | 13.9% |
| Rent burden 30% or higher | 47.9% |
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 Flatlands
Is Flatlands one of the best neighborhoods in New York?
Flatlands has a Best Neighborhoods USA Index of 44.7 and a city ranking of #139 of 199 eligible neighborhoods in New York.
How much are homes worth in Flatlands?
The current Zillow Home Value Index for Flatlands is approximately $744,755.
Are home values rising or falling in Flatlands?
Zillow neighborhood values changed 1.0% year over year and 0.79% month over month.
What is the Neighborhood Momentum Score for Flatlands?
Flatlands has a Neighborhood Momentum Score of 66.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Flatlands?
The NDS-derived neighborhood median household income is approximately $82,647.
How affordable is Flatlands relative to household income?
The current Zillow home-value-to-household-income ratio is 9.01. Price-to-income affordability is a major Value Opportunity input.
Is Flatlands primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 63.7%.
What is the unemployment rate in Flatlands?
The NDS-derived civilian unemployment rate is approximately 8.4%.
How educated are residents of Flatlands?
Approximately 35.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Flatlands face high rent burden?
Approximately 47.9% 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 Flatlands?
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 applications841
Estimated originations371
Home-purchase applications349
Origination rate44.1%
Home-purchase share41.4%
Average application loan$376,707
Total application loan amount$316,777,789
National application rank#239 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 5.3% YoY; originations 1.7% 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.