Neighborhood Profile

Queens Village

New York, NY | Queens County
Scored premium profile
Best Neighborhoods USA Index
50.6
National rank: #7,403 of 14,967
Stability and Strength
47.1
Score
Value Opportunity
37.0
Score
Momentum
75.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationNew York, NY
CountyQueens County
National rank#7,403 of 14,967
State rank#212 of 418
City rank#98 of 199
County rank#23 of 48
National percentile50.6
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$788,321
Year-over-year home value change3.9%
Month-over-month home value change0.21%
Home value to income ratio8.61
Median household income$91,525
Bachelor's degree or higher30.8%
Civilian unemployment rate8.9%
Homeownership rate69.8%
Housing vacancy rate3.6%
Rent burden 30% or higher60.6%

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 Queens Village

What is the Best Neighborhoods USA ranking for Queens Village?

Queens Village is ranked #98 of 199 eligible neighborhoods in New York; #212 of 418 eligible neighborhoods in NY; and #7,403 of 14,967 eligible neighborhoods in the United States.

Is Queens Village one of the best neighborhoods in New York?

Queens Village has a Best Neighborhoods USA Index of 50.6 and a city ranking of #98 of 199 eligible neighborhoods in New York.

How much are homes worth in Queens Village?

The current Zillow Home Value Index for Queens Village is approximately $788,321.

Are home values rising or falling in Queens Village?

Zillow neighborhood values changed 3.9% year over year and 0.21% month over month.

What is the Neighborhood Momentum Score for Queens Village?

Queens Village has a Neighborhood Momentum Score of 75.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Queens Village?

The NDS-derived neighborhood median household income is approximately $91,525.

How affordable is Queens Village relative to household income?

The current Zillow home-value-to-household-income ratio is 8.61. Price-to-income affordability is a major Value Opportunity input.

Is Queens Village primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 69.8%.

What is the unemployment rate in Queens Village?

The NDS-derived civilian unemployment rate is approximately 8.9%.

How educated are residents of Queens Village?

Approximately 30.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Queens Village face high rent burden?

Approximately 60.6% 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 Queens Village?

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 applications935
Estimated originations422
Home-purchase applications353
Origination rate45.1%
Home-purchase share37.8%
Average application loan$395,405
Total application loan amount$369,648,514
National application rank#197 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 11.3% YoY; originations 12.3% 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.