Neighborhood Profile

Kensington

Great Neck, NY | Nassau County
Scored premium profile
Best Neighborhoods USA Index
74.0
National rank: #735 of 14,967
Stability and Strength
82.8
Score
Value Opportunity
51.0
Score
Momentum
92.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationGreat Neck, NY
CountyNassau County
National rank#735 of 14,967
State rank#12 of 418
City rank#2 of 13
County rank#3 of 17
National percentile95.1
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$2,379,308
Year-over-year home value change9.3%
Month-over-month home value change0.44%
Home value to income ratio13.90
Median household income$171,135
Bachelor's degree or higher73.5%
Civilian unemployment rate3.9%
Homeownership rate99.0%
Housing vacancy rate5.6%
Rent burden 30% or higher33.2%

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 Kensington

What is the Best Neighborhoods USA ranking for Kensington?

Kensington is ranked #2 of 13 eligible neighborhoods in Great Neck; #12 of 418 eligible neighborhoods in NY; and #735 of 14,967 eligible neighborhoods in the United States.

Is Kensington one of the best neighborhoods in Great Neck?

Kensington has a Best Neighborhoods USA Index of 74.0 and a city ranking of #2 of 13 eligible neighborhoods in Great Neck.

How much are homes worth in Kensington?

The current Zillow Home Value Index for Kensington is approximately $2,379,308.

Are home values rising or falling in Kensington?

Zillow neighborhood values changed 9.3% year over year and 0.44% month over month.

What is the Neighborhood Momentum Score for Kensington?

Kensington has a Neighborhood Momentum Score of 92.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Kensington?

The NDS-derived neighborhood median household income is approximately $171,135.

How affordable is Kensington relative to household income?

The current Zillow home-value-to-household-income ratio is 13.90. Price-to-income affordability is a major Value Opportunity input.

Is Kensington primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 99.0%.

What is the unemployment rate in Kensington?

The NDS-derived civilian unemployment rate is approximately 3.9%.

How educated are residents of Kensington?

Approximately 73.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Kensington face high rent burden?

Approximately 33.2% 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 Kensington?

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 applications29
Estimated originations15
Home-purchase applications16
Origination rate52.9%
Home-purchase share55.4%
Average application loan$718,306
Total application loan amount$20,636,841
National application rank#9,410 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -7.6% YoY; originations -19.0% 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.