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Queens County Housing Market

New York · 62 counties · Ranked #3098 in home value

Above National Avg

Housing at a Glance

Median Home Value

$699,200

vs national+$699,200 vs $281,900 national

Median Gross Rent

$1,915/mo

vs national+$1,915 vs $1,163 national

Effective Tax Rate

0.88%

vs national0.88% vs 1.02% national

Median Household Income

$84,961

vs national+$84,961 vs $74,755 national

Affordability Ratio

8.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

31.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$6,130

Tax as % of Home Value

0.88%

Monthly Owner Cost

$1,830

Renter Income

$70,918

Frequently Asked Questions

What is the median home value in Queens County?
The median home value in Queens County is $699,200. This is above the national median of $281,900.
How much is rent in Queens County?
The median gross rent in Queens County is $1,915 per month.
What is the property tax rate in Queens County?
The effective property tax rate in Queens County is 0.88%. The median annual property tax bill is $6,130.
Is Queens County affordable?
With a home-value-to-income ratio of 8.2x, Queens County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.