What is the Best Neighborhoods USA ranking for Crown Heights?
Crown Heights is ranked #123 of 199 eligible neighborhoods in New York; #249 of 418 eligible neighborhoods in NY; and #8,499 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Crown Heights
New York, NY | Kings County
Scored premium profile
Best Neighborhoods USA Index
47.6
Stability and Strength
40.0
Value Opportunity
29.1
Momentum
85.6
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 | #8,499 of 14,967 |
| State rank | #249 of 418 |
| City rank | #123 of 199 |
| County rank | #27 of 45 |
| National percentile | 43.2 |
| National band | MIDDLE_50_PERCENT |
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market
Inquire about this marketUnsold commercial placement. No local expert is currently assigned.
Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,709,718 |
| Year-over-year home value change | 5.1% |
| Month-over-month home value change | 0.46% |
| Home value to income ratio | 21.59 |
| Median household income | $79,177 |
| Bachelor's degree or higher | 45.2% |
| Civilian unemployment rate | 9.0% |
| Homeownership rate | 16.3% |
| Housing vacancy rate | 6.4% |
| Rent burden 30% or higher | 48.3% |
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 Crown Heights
Is Crown Heights one of the best neighborhoods in New York?
Crown Heights has a Best Neighborhoods USA Index of 47.6 and a city ranking of #123 of 199 eligible neighborhoods in New York.
How much are homes worth in Crown Heights?
The current Zillow Home Value Index for Crown Heights is approximately $1,709,718.
Are home values rising or falling in Crown Heights?
Zillow neighborhood values changed 5.1% year over year and 0.46% month over month.
What is the Neighborhood Momentum Score for Crown Heights?
Crown Heights has a Neighborhood Momentum Score of 85.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Crown Heights?
The NDS-derived neighborhood median household income is approximately $79,177.
How affordable is Crown Heights relative to household income?
The current Zillow home-value-to-household-income ratio is 21.59. Price-to-income affordability is a major Value Opportunity input.
Is Crown Heights primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 16.3%.
What is the unemployment rate in Crown Heights?
The NDS-derived civilian unemployment rate is approximately 9.0%.
How educated are residents of Crown Heights?
Approximately 45.2% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Crown Heights face high rent burden?
Approximately 48.3% 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 Crown Heights?
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 applications880
Estimated originations402
Home-purchase applications400
Origination rate45.7%
Home-purchase share45.4%
Average application loan$931,255
Total application loan amount$819,068,481
National application rank#220 of 14,874 rankable neighborhoods
Geometry coverage98.0%
Recent trend: Applications 1.1% YoY; originations -1.0% 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.