What is the Best Neighborhoods USA ranking for Jamaica Estates?
Jamaica Estates is ranked #70 of 199 eligible neighborhoods in New York; #156 of 418 eligible neighborhoods in NY; and #5,649 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Jamaica Estates
New York, NY | Queens County
Scored premium profile
Best Neighborhoods USA Index
55.2
Stability and Strength
47.8
Value Opportunity
33.6
Momentum
97.5
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | New York, NY |
| County | Queens County |
| National rank | #5,649 of 14,967 |
| State rank | #156 of 418 |
| City rank | #70 of 199 |
| County rank | #15 of 48 |
| National percentile | 62.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,483,896 |
| Year-over-year home value change | 10.6% |
| Month-over-month home value change | 0.99% |
| Home value to income ratio | 15.67 |
| Median household income | $94,675 |
| Bachelor's degree or higher | 47.0% |
| Civilian unemployment rate | 8.2% |
| Homeownership rate | 50.2% |
| Housing vacancy rate | 6.8% |
| Rent burden 30% or higher | 54.4% |
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 Jamaica Estates
Is Jamaica Estates one of the best neighborhoods in New York?
Jamaica Estates has a Best Neighborhoods USA Index of 55.2 and a city ranking of #70 of 199 eligible neighborhoods in New York.
How much are homes worth in Jamaica Estates?
The current Zillow Home Value Index for Jamaica Estates is approximately $1,483,896.
Are home values rising or falling in Jamaica Estates?
Zillow neighborhood values changed 10.6% year over year and 0.99% month over month.
What is the Neighborhood Momentum Score for Jamaica Estates?
Jamaica Estates has a Neighborhood Momentum Score of 97.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Jamaica Estates?
The NDS-derived neighborhood median household income is approximately $94,675.
How affordable is Jamaica Estates relative to household income?
The current Zillow home-value-to-household-income ratio is 15.67. Price-to-income affordability is a major Value Opportunity input.
Is Jamaica Estates primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 50.2%.
What is the unemployment rate in Jamaica Estates?
The NDS-derived civilian unemployment rate is approximately 8.2%.
How educated are residents of Jamaica Estates?
Approximately 47.0% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Jamaica Estates face high rent burden?
Approximately 54.4% 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 Jamaica Estates?
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 applications199
Estimated originations94
Home-purchase applications107
Origination rate47.4%
Home-purchase share53.8%
Average application loan$608,807
Total application loan amount$121,235,661
National application rank#2,076 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 26.2% YoY; originations 33.8% 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.